Taxes explained by this eample....drinking a beer(university of Georgia prof explains)

[Mathguy]

The parable ignores the concept of utility and economic use.

The richest segment of society benefits more from a healthy and stable society since he has the most to lose. If you would like to see some examples then look no further than south america where if you have money you risk having your family kidnapped etc.

[Mathguy]

Originally Posted by Philosophizer

Some view the FICA taxes as regressive. However, the pay out to people who made less money over their working careers is significantly higher than those who made alot of money over their career. All in all, SS is a ponzi scheme, medicare/aid is used to subsidize the medical industrial complex which gets to set the price as high as they want, knowing the government is on the hook and demand for medical care will not fall with rising costs, and you should be able to opt out of these programs without giving up your citizenship to do so.

Absoultely true that the people paying more into some portions of social security get a lower percentage benefit, especially in the retirement benefits portion.

However, a pay-go system is not a ponzi scheme. Go read up on it, several core differences.

[plaidmom]

snopes.com: How Taxes Work