Re: Understanding the Social Security scam
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Since the cap is 97,500 (we'll say 100k), anyone making less paid ssi taxes on 100% of their monies and had 48% of those ssi taxes go to paying the deficit.
Those football players making 2m a year, were taxed for ssi on 5% of their gross income.
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They also only get benefits based on 5% of their gross income, so this is hardly a flaw.
Then again, you made contributions to my pension plan on 0% of your earnings and I had to make contributions on 100% of my earnings. ZOMG MY PENSION PLAN IS A GET RICH SCHEME FOR YOU!!!!
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