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From: mr@hou2h.UUCP (M.RINDSBERG)
Newsgroups: net.flame
Subject: Re: Social Security
Message-ID: <705@hou2h.UUCP>
Date: Tue, 8-Jan-85 09:49:24 EST
Article-I.D.: hou2h.705
Posted: Tue Jan  8 09:49:24 1985
Date-Received: Wed, 9-Jan-85 04:08:50 EST
References: <862@amdahl.UUCP>, <297@scc.UUCP>
Organization: AT&T Bell Labs, Holmdel NJ
Lines: 31

>> I haven't seen this topic "discussed" before, and being a new year, I
>> just need to vent my spleen, since the rate for Social Security has
>> now climbed to 7.05% of wages.
>> 
>> Enough is enough!  Let's make Social Security voluntary!  You can even
>> keep what I have already contributed!  Just let me get the hell out
>> of it!!!
>
>	HERE HERE!!  It is going up to 13% for me becuase I 
>am self-employeed.   It is my biggest tax and it is getting
>bigger.

This is your biggest tax ????? I pay close to 40% total so I guess
you deserve the tax. I pay SS,FED,NJ,NY ....

>I have to pay it BEFORE my deductions for personal
>expenses, medical expenses, and so on.   There is no kind
>of arithmetic that I can do that adds up to me ever getting
>any of it back.   What makes me the most unhappy 
>about it is that if I were to invest the amount I give
>to social security, in 35-40 years when I "retire" 
>I would be pretty well off.
>
>	The problem is, not that it has been invented
>and become part of the system, many people have grown
>to count/depend on it.   I agree, they can keep what
>they have already taken and make it voluntary.
>Let's start cutting our losses, there is no way that
>it is going to work.

I agree, it should be voluntary.