kentuck (1000+ posts) Wed Sep-14-11 06:20 PM
Original message
Is 7.65% of your income too much to pay ?
For the financial and medical security of our old folks? Does that seem like an extraordinarily high amount of taxes to pay for such a high reward?
Would you be willing to pay more?
That is presently, before Obama's FICA taxcut takes effect, the Social Security and Medicare taxes that are paid by each worker in America. Of course, his employer is required to put in a similar amount. Is that such a drag on our economy? It seems like a grand bargain to me?
I do not believe people thoroughly understand what they get for such a small percentage of their paychecks? And it is not going bankrupt. It is not a Ponzi scheme. That money pays for the security of our folks and the medical needs as provided by Medicare. Now here in the private health industry will they get such a great deal.
I can spend my 15.3% better than the government can. Most of us can. It is only the morons, like the denizens of the DUmp, who firmly believe the government can spend their money better than they can.
MY 15.3% is extorted. I don't want to pay it. I want to invest it for MY retirement. I want to leave it to whomever I choose. I want to start drawing the money when *I* want to with no penalties. I want to make more than 2% on MY investment. The money I invest is safer than what is extorted from me.
Think about it DUmmies.
KC
And it is not going bankrupt.Bullshit. It is broke - already.
It is not a Ponzi scheme.Bullshit. It is the same thing Madoff did to his investors. Only he ran out of fresh meat, just like our current system is doing.
That money pays for the security of our folks and the medical needs as provided by Medicare.That they could probably have afforded on their own had they not been bilked out of 7.65% for the past 50 years.
Now here in the private health industry will they get such a great deal.Nowhere in the private industry is happy about providing services for the measly reimbursement rates medicare provides. Many doctors have stopped taking it.
Social Security is not a Ponzi scheme. Ponzi schemes are voluntary, money is not taken from you under threats of penalties.
Minor difference, lol.
Worthless shitbag wants to know how much he's worth to you...
OK I'm calculating.....times .06....carry the one....divide by infinity....subtract 9 and add 0.....hmmmm...some imaginary number .....and the answer....some outlandish figure to the negative tenth power of infinity...in other words...
YOU'RE WORTHLESS TO ME
You're kinder than I would be to that useless drugged-up loser, I'd have to go with negative value, not just a net zero but a recurring loss that sucks assets for no good end every month, month after month after month.
kentuck (1000+ posts) Wed Sep-14-11 04:56 PM
Response to Reply #32
33. Everyone is paying 7.65%...
including the employers. There is no evidence that would be added to employees paycheck if employers did not pay it. They would find another area to make up for the 7.65%, as they are doing at present, with less in pay increases or less in benefits to their employees.
SS is a modified insurance/Ponzi scheme except that contributions are mandatory.
This is the Ponzi part. To be viable, SS needs an ever increasing number of contributers.
...and/or an ever-increasing level of contributions into it. I believe it started out quite small, and even when I was just entering the workforce, it was less than a third of its current level. Of course rolling so many other systems into it since its inception, including military pay and then Federal civil service from the mid-80s onward, has also increased the pool of participants faster than the population has grown.
I love how the dems what to eleminate the limit on income that can be taxed for SS but means test it with the other hand.
I love how the dems what to eleminate the limit on income that can be taxed for SS but means test it with the other hand.
So, I have done the math.... This is what you are worth to me, primitive.(http://www.clipartcafeteria.com/wp-content/uploads/image/potato1_l.gif)
Have a nice day.
...And they would have gotten away with it too, if it wasn't for you pesky kids and that darn dog!??? Wandering off to feed the squirrels. :lmao:
:-)
...And they would have gotten away with it too, if it wasn't for you pesky kids and that darn dog!
:-)
Well now what does on think of this ?
This is considered round house as thinking as opposed to thinking outside the box. They'll never corner you Kentuck your logical ability is, well, astounding, I might even say incomprehensible to mortal man. :o
Hmm, you're way too kind. I'd've gone with the shit sandwich.
Yeah, Boudicca is right. At least with the potato, you could bake it, add sour cream & butter, S&P. Have it with a steak. It serves some purpose.
...we could boil 'em done for soap ....
The irony is almost enough to cancel out the moral problem in that. Almost.
kentuck
It seems like a grand bargain to me?
Re: Worthless shitbag wants to know how much he's worth to you