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Old 03-25-2008, 11:21 PM   #13
GTripp0012
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Join Date: Mar 2006
Location: Evanston, IL
Age: 38
Posts: 15,994
Re: How to Fix Social Security

I support a general phasing out of Social Security over time, and eventually a total elimination of it.

I realize that means that I will be paying a social security tax for the first few years I work, and I will never see any of that money again. I'm fine with that. I kinda view taxes as throwing money into the fire anyway, even though it's obviously necessary to support a vast majority of public help systems. That doesn't mean I expect my tax dollars to all be spent wisely...in fact a good portion of tax dollars are relatively pissed away.

I think the closer someone is to retirement (right now), the more it becomes necessary to have social security for them, since they dont have nearly as much time to develop an alternate retirement plan as I do.

I'm 20, and I can totally save enough for retirement where I don't have to depend on a dime from social security. I have no problem if they take a chunk of my starting salary and put it in the SS fund of some 50 year old guy who is totally dependent on his social security check.

But ten years from now, I would hope that people are planning to retire without social security as a crutch. If I'm not going to benefit from social security, I would expect not to be paying a social security tax when I'm 40.
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