Your comments are irrelvant and ill informed. People are collecting many times more than they ever paid in. That’s a canard. And you say the actuarials anticipated a few elderly widows.You are right. Social Security was supposed to keep them out of poverty, but it has not. Instead it pays for a lot of Early Bird dinners for democrat retirees in Florida.
So you agree with me, but say my comments are irrelevant???
Where the heck did you learn reading comprehension?
Many low-income retirees are drawing back more than they paid because they are living longer. However, if you think that the rich get back more than they ever paid in then you are ill informed. The more you make the more you pay - plain and simple. If the government steals someone’s money they should get a bit of it back. I paid nearly $200 in OASDI in my last paycheck (paid every two weeks). Think I’ll ever get it back?
Then again maybe you are one of those envious types who think the rich should be screwed over because they have more? I care little for Phil Donahue, but his SSN taxes were more than most people earn. So what if he has more money. He paid in like everyone else (although substantially more) he should be able to get his entitlement.
Also, those democrat retirees you scoff at in FL are getting flattened by increased property taxes due to over-appraisal of their homes. How would you like your property taxes to jump 400% while the tax accessor claims they are cutting taxes? Simple math would tell anyone that cutting the percentage by 1/2% is useless when the value goes up 400%.