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Your system of standing on a street corner begging for money does have its merits.Originally posted by JohnnyClips
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you don't know you're wearing a leash if you sit by the peg all day..Comment
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Social Security was created when people lived to 68 or so with our expanding life spans there needs to be a correction on the way benefits are calculated.
2nd thing is that excess funds should not be considered part of the general budget fund and spent. They use a device called a Green Bond as an IOU. These bonds do not pay interest that is the second problem. If we solved these 2 things SS would be solvent.
But instead they will increase the minimum age to 70.Comment
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Your social security (N.I) also pays for your free healthcare and pension. so you will/do use it.
At least its % based in the UK. In Spain its $300 minimum a month. that's why there's so much black market working going on. Even if you earn $1000 a month you have to pay $300 in social security.
Netherlands was a fair system when I lived there, it's cheap if you earn a low wage around 30 euros then about 100euros if you earn more, that was 12 years ago though, so probably gone up.Comment
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Isn't this the Romney recipe?Comment
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In the UK National Insurance covered a multitude of things, including but not limited to Health benefits and Pensions. I used to pay around £650.00 a month 20 years ago when i lived there. That equates to around $1100.00 a month.
Also note that gas has a 60% tax, some of which was supposed to go towards the health system?
VAT ( sales tax ) or the tax paid on almost every item purchased in the UK is now 20% . 20 years ago it was 15%.. Imagine the tax on a new car !!!!!!!!!!
Im so glad i moved to the USA
icq. 176240424 44.years as a pornographer !!!!!!!!!!!Comment
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Guys. Social Security is supposed to be YOU paying in enough money for YOU to get it back when you reach a certain age.
That is why it is capped at $110,000 per year.
It's not welfare, and it's not intended for one person to pay for another person.-Robbie
ClaudiaMarie.ComComment
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It is welfare. It's a tax for stupid people who don't have the foresight to invest their earnings so they have something to rely on when they're old. It's also, in a simplified sense, a giant pool of money people put into, and then others can take out of (some more than others if they need it, some more than they put in, some less than they put in), which by definition really is welfare - it's a social structure to ensure the well being of the public.
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