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John H wrote:
From whence came that tidbit? What percent of the current withholdings goes to support the WODI's you mention above? Remember, if 3% is personalized, the other 97% is still there to provide the same support. If the parents of the WODI had been allowed to invest some of their SS money in a decent manner and pass it on when they died, perhaps the indigent wouldn't be so indigent. ***************** I thought you were a math whiz. The employee's SS contribution is about 7.5% of wages, matched by the employer. If you take 3% of the employee wages out of the SS system, you are left with about 75% of the money, not 97%. We can't break faith with all of the people who have, foolishly, planned on SS for old age income. |
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