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Old 11-27-2007, 11:07 AM
mosdef mosdef is offline
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Join Date: Jan 2005
Location: Toronto
Posts: 3,414
Default Re: Understanding the Social Security scam

[ QUOTE ]
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.

[/ QUOTE ]

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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