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IdiotMachine 08/15/21 11:27:21 AM #1: |
How is it that we, as a country, running out of money in social security when everyones paying a whopping 12.4% of their income into this? Seriously screw that; Id rather I get that 12.4% and I save it myself.
--- ... Copied to Clipboard!
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MrToothHasYou 08/15/21 11:35:35 AM #2: |
Whats ridiculous is it being capped at a certain maximum. If you got rid of the cap, youd be able to lower the rate.
--- An Injury to One is an Injury to All https://iww.org/ ... Copied to Clipboard!
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Prismsblade 08/15/21 11:35:42 AM #3: |
The program was never designed or meant to last indefinitely, nor did the boomers care when they burdened the next handful of generations ahead of them towards funding it.
--- 3DS FC:3368-5403-9633 Name: Kaizer PSN: Blackkaizer ... Copied to Clipboard!
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Garioshi 08/15/21 11:40:23 AM #4: |
It's because if you make over a certain amount, you can't pay any more in. It's bullshit.
--- "I play with myself" - Darklit_Minuet, 2018 ... Copied to Clipboard!
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VitalGetPrank 08/15/21 11:48:47 AM #5: |
IdiotMachine posted...
How is it that we, as a country, running out of money in social security when everyones paying a whopping 12.4% of their income into this? Seriously screw that; Id rather I get that 12.4% and I save it myself.We aren't, it caps out at around $130,000 so anyone making any more than that is only paying 12.4% on the first $130,000 and then 0$ on the rest. Isn't regressive taxation great? --- ... Copied to Clipboard!
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TerraSeeker 08/15/21 12:27:46 PM #6: |
It's seems rather pointless to me. At some point the system is going to crash. You may as well choice to be financially independent from the government.
--- Your words are as empty as your soul ... Copied to Clipboard!
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ThePrinceFish 08/15/21 12:51:26 PM #7: |
Prismsblade posted...
The program was never designed or meant to last indefinitely, nor did the boomers care when they burdened the next handful of generations ahead of them towards funding it.You don't like paying money into a social program that almost certainly will be defunct by the time it's your turn to benefit from it? --- Then shall the righteous shine forth as the sun in the kingdom of their Father. Who hath ears to hear, let him hear. ... Copied to Clipboard!
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Prismsblade 08/15/21 1:09:49 PM #8: |
ThePrinceFish posted...
You don't like paying money into a social program that almost certainly will be defunct by the time it's your turn to benefit from it?I mean, just calling it a Ponzi scheme would have sufficed. And with investing becoming accessible to all, and 401ks a common benefit now SS theres little reason why it shouldn't be getting phased out. --- 3DS FC:3368-5403-9633 Name: Kaizer PSN: Blackkaizer ... Copied to Clipboard!
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ScazarMeltex 08/15/21 1:11:06 PM #9: |
MrToothHasYou posted...
Whats ridiculous is it being capped at a certain maximum. If you got rid of the cap, youd be able to lower the rate.But then rich people would be upset. --- "If you wish to converse with me define your terms" Voltaire ... Copied to Clipboard!
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