Then Why Should The Rich Pay Social Security?

Social Security is a bad program that has gotten worse over the years. It is designed to keep people enslaved to the government by taking money from them while they earn and then giving them a small retirement when they end their working careers. This deprives them of the opportunity to save and invest the money on their own, a step that would actually allow them to earn much more money and allow them to say what is done with it.

The Supreme Court has ruled that no one has a legal right to Social Security benefits. This is a bad decision but it looks like it will play out that way in the long run. Social Security is broke and there is no reasonable way to fix it. There will be no money left for those who are paying today.

A Democrat Policy Group is recommending that Social Security be fixed by denying payments to those who are wealthy when they retire. If you have the brains to put money away and save for retirement and happen to do well then you might not get the benefit that you paid into for all of your working career.

In what world is this fair?

Why should the rich pay into Social Security (or a person who is not particularly wealthy during his working career but saves a lot) only to be denied the money when they retire? What rule allows for the confiscation of a person’s money and then the redistribution of that money to others?

Why should the rich pay into Social Security? To top it off, the plan calls for higher Social Security taxes and raising the income level (the cap) on which it is collected. Why would people pay into this knowing full well that they would not get anything when they retire?

Most Democrats oppose this plan while some Republicans favor it or some variation of it. Who the hell do these people think they are?

As for me, I don’t need them to pay me Social Security. All I want is for them to send me a check for the money I have paid in (and I don’t even need any interest on it) and for them to stop taking Social Security out of my check. I will be more than happy to invest the money myself and I will live quite well in retirement. I am also sure the people who are actually rich (and even those considered rich by the government) would be happy to do the same.

I am not rich by any stretch of the imagination. I just work hard for my money and I save some of it for the future.

Others would do well to follow that example.

The members of Congress would do well to learn from that as well.

Class warfare is here and they are stoking the fire. Keep it up and things will get ugly as the rich find other things to do with their money.

Cave Canem!
Never surrender, never submit.
Big Dog

Gunline

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4 Responses to “Then Why Should The Rich Pay Social Security?”

  1. Mr. Ogre says:

    Of course, they cannot send you a check for the amount you put into the system, because the government has already spent that money. They literally do not have the money to give you back.

    At this point, I’d even be happy if they’d just stop taking my money!

    I still maintain that we can fix social security, and it can be a slightly okay program — just index the recipient age to lifespan, starting with raising the minimum age to receive SS to 81 tomorrow.

    • Big Dog says:

      Well they can raise the age but people should be able to opt out.

      And, if you die before you reach that age then your money should go to your heirs…

      • Mr. Ogre says:

        Well, given the choice, my option would be to completely dismantle the system tomorrow. No, not cutting off those dependent on it immediately, but gradually. The money simply isn’t there, so we shouldn’t spend it.

        BUT, if the system is there, I can see it being in place as a system to help those physically unable to work (over age 81 who want it), and then everyone paying into the system. In that manner (as it was created), it’s not a retirement system, but a system for society to help care for the elderly who have no savings, have no family, and have no ability to care for themselves.

        But, as I say, the BEST option would be to allow people to be free to care for the elderly without taking ANY money from them!

  2. Blake says:

    If noone has the right to SS, why are we paying into this ponzi scheme?
    I can agree that the rich have less need for the paltry benefits of SS, but they paid in just as everyone else did- and it is wrong to single out any group for preferential treatment, just as it would be to omit a group. That would amount to confiscatory taxation without representation, because if your representatives have abandoned you, you have noone to speak on your behalf.
    That is just wrong.