Originally posted by Phage
reply to post by Xtrozero
I see your point now and it makes sense if you consider FICA to be an investment. That's not really what it is. It is a tax used to support the entire
social security program.
Well it is kind of a tax... Those who do not pay into it don't get anything, or very little. It seems people want another way to bleed people who make
more than 100k per year...heaven forbid...
I paid about 35k in federal taxes alone last year and I start to wonder how much does it cost to be an American. For some it cost nothing, and in fact
they make profit, for others they pay a rather big price.
I understand the whole "more you make the more you pay" mentality, but I really don't work so others can have a better life. I work so my family and
myself can have a better life.
This doesn't mean I do not care..and in fact I do pay a good amount to charity, but I do have a sister that has no water at the moment because she
refuses to get a job. I have really reached the point that my view is that a person is responsible for their own life and it is not up to me to make
it better, especially when they do not work on it themselves.
SS was really put into place to help those that go through life (work hard) and end up with nothing. I personally see it as not just another class
warfare situation. If a person pays 15k per year into it then they end up with X number of dollars, and if a person puts up to 113k cap that comes out
to X number of dollars too when they turn 62 67 or 70.
I could pay more into it, and I could support my sister, but every dollar I use is one less for my OWN retirement, my kids education, or any other
situation where I will need money. At some point people need to stop thinking about multi millionaires and billionaires for those people are small in
number and are completely removed from the norm.
We tend to think, they will never miss it, they don't need all of it...etc, but who are we to say that? I make good money, but I'm not rich anyway you
look at it, and every tax dollar I spend hits my bottom line.
BTW I caped SS about 15 years ago, so I could have stopped working back then and I would have still MAXED SS when I hit 67, so every dollar I payed
into it for the last 15 years AND the next 15 years is not going to me at all but everyone else. Once again just how much, as an American, do all of
you feel is my share?
edit on 21-10-2012 by Xtrozero because: (no reason given)