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Old 05-07-2013, 11:13 AM
 
1,730 posts, read 1,364,521 times
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Quote:
Originally Posted by freemkt View Post
Hmmm, what (or whom) have you been living off all these years?
If you are employed by some companies you opt out.
Railroads for example have their own retirement system.
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Old 05-07-2013, 11:15 AM
 
33,016 posts, read 27,507,724 times
Reputation: 9074
Quote:
Originally Posted by Boss View Post
Yes it is and has worked for 80 years. As has been proved by the 2008 downturn.

A lot of people will have SS to fall back on after paying in for about 40 years or so.

So its a govt. plan which works and is effective.

It "works" because its solvency is based on those who pay in for decades without getting back what they paid in.
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Old 05-07-2013, 11:16 AM
 
Location: The Brat Stop
8,347 posts, read 7,253,608 times
Reputation: 2279
Quote:
Originally Posted by freemkt View Post
??? Wtf ???
Reading disability? or writing?
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Old 05-07-2013, 11:17 AM
 
Location: The Republic of Texas
78,863 posts, read 46,719,563 times
Reputation: 18521
Quote:
Originally Posted by freemkt View Post
Hmmm, what (or whom) have you been living off all these years?

I'm self employed. It depends if it is spring, summer, fall or winter. I have several hobbies, that I make a little cheese from. Come October, you will find me in the deer woods until mid January, guiding bowhunts for whitetail, axis, fallow, sika, hogs and turkey. I also sell a few calves and trap live hogs.
I have also been known to lay a floor or two. Then there are the 3 wells pumping hard out back.
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Old 05-07-2013, 11:19 AM
 
33,016 posts, read 27,507,724 times
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Quote:
Originally Posted by Boss View Post
It cant be because when you guys get wacked (economic) I dont want you on welfare. I want you getting your money and more back that was protected by US Tres. bonds.

Wat about those with a family history of (disease x and) early death? They're not going to live long enough to be old and poor, so why should they have to pay into a system that will probably return nothing to them?
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Old 05-07-2013, 11:21 AM
 
33,016 posts, read 27,507,724 times
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Quote:
Originally Posted by lycos679 View Post
SS is welfare, that's all it was ever designed to be. It's a fail-safe for people that worked and lost everything or failed to save. The only difference between now and 70 years ago is people today live longer and treat SS like a retirement plan. Why do you think the system in unsustainable?

Do people in this country seriously expect minimum wage earners to save for retirement?
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Old 05-07-2013, 11:24 AM
 
Location: The Brat Stop
8,347 posts, read 7,253,608 times
Reputation: 2279
Quote:
Originally Posted by BentBow View Post
I'm self employed. It depends if it is spring, summer, fall or winter. I have several hobbies, that I make a little cheese from. Come October, you will find me in the deer woods until mid January, guiding bowhunts for whitetail, axis, fallow, sika, hogs and turkey. I also sell a few calves and trap live hogs.
I have also been known to lay a floor or two. Then there are the 3 wells pumping hard out back.
If you've not paid into SS, and don't want it, and don't need it, maybe you shouldn't be critical of it?

Explain at least to ONE MEMBER how while being self employed, you don't pay SS tax, which exactly what I stated earlier in the thread, but one person just doesn't get it.
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Old 05-07-2013, 11:27 AM
 
11,768 posts, read 10,279,802 times
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Quote:
Originally Posted by freemkt View Post
Do people in this country seriously expect minimum wage earners to save for retirement?
It's not that difficult even for min wage workers. Most have other priorities.
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Old 05-07-2013, 11:44 AM
 
33,016 posts, read 27,507,724 times
Reputation: 9074
Quote:
Originally Posted by NoJiveMan View Post
Reading disability? or writing?

Neither, your "solution" is pretty useless:

Quote:
Originally Posted by nojiveman
you can. Start your own company {self employed}, then refuse to pay any and all taxes.
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Old 05-07-2013, 11:55 AM
 
Location: The Brat Stop
8,347 posts, read 7,253,608 times
Reputation: 2279
Quote:
Originally Posted by freemkt View Post
Neither, your "solution" is pretty useless:

Quote:
Originally Posted by nojiveman
you can. Start your own company {self employed}, then refuse to pay any and all taxes.
Member Bentbow is self employed and doesn't, I asked him/she to explain it to you.

I was self employed too, but paid my federal taxes and my self employment taxes, some people who are sub contractors that receive 1099's at years end don't necessarily pay all taxes.
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