Should AMA discontinue the Senior Citizen discount
On page 14 of the 2007 AMA Financial Statement seniors paid $1,941,283 in 2007. Seniors pay $48.00 per year. Now it is my understanding that they can $48 or more if they like up to $58 but let's just say they all pay $48. $1,941,283 / $48 equals 40443 paid senior members. Now $10 X 40443 equals $404,430 approximatey. Why did I say approximately. Well I'm sure there are alot of variables in the equation but you get my drift. There is alot of revenue here.
If you can afford this hobby what's 10 bucks and I'm sure AMA can use it. We are only gettig older and membership is going down. more seniors every year less revenue in the old bank.
Edited to remove poor humor