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To: maxter
My view: I'm paying in 7% of my income to something I won't see - ever. The system will collapse ~ the time I'm 50. So, I will have paid in over $100,000 and won't have a tax break for it.

I'd rather have the 7% and let me invest it for myself - risks and all.

43 posted on 06/27/2005 10:01:03 AM PDT by Maigrey (TC, Kick that cancer in the @$$ - Texas Termite (shame on you with such language!))
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To: Maigrey

See post 40.


45 posted on 06/27/2005 10:06:24 AM PDT by maxter
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To: Maigrey
I'm paying in 7% of my income to something I won't see - ever.

You're paying 15.3%, the same as any self-employed person. On paper, your employer might be paying 7.65%, but that 7.65% is either cut from your potential pay or an increase in customers' prices (and the employer has more control over wages than over market prices).

Don't worry about your retirement years. When the boomers (regretfully, my generation) are finished destroying our economy, our freedom, and our culture, there won't be anything in this country left to retire from, or retire to.

48 posted on 06/27/2005 10:46:30 AM PDT by meadsjn
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To: Maigrey
I've already paid in way more than $100k to SS.

More like $300k, actually.

And I never expect to see a DIME in return.

I'm a boomer.

So get off your lazy but and VOTE!

84 posted on 06/27/2005 6:37:16 PM PDT by patton ("Fool," said my Muse to me, "look in thy heart, and write.")
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