What the Corporate Scumbags Don't Tell You

[Dotard]

Give them back their taxes and they can, combine that with keeping inflation under control so their savings don't lose purchasing power and if you can save $100 a week you'll have $200,000+ before interest. People who earn more can easily save much more than that. Plus giving tax breaks to elderly people, such as removing sales tax for them, would make their money go even further.

$100 a week?! If SS taxes were eliminated the people I'm talking about would save all of maybe $50 a week, maybe. At that rate after aprox. 38-40 years you would have about $100,000.
OH BOY! How long do you think that would last? MAYBE 4-5 years? Maybe.
And the people I'm talking about would have a huge problem saving that little $50. One car breakdown, BOOM there goes the savings. Damn! The roof is giving out on their home, SWIPE goes what's left of the 'retirement' savings. OH DAMN! Little johnny got sick? Wipe out the savings from now until the end of all time with that bill.
And do you really trust those hell-hounds of corporate america not to inflate prices of everything soon as they learn the American people got more money in the bank now? Sons-a-bitches find out people got more money in the banks they want it and will find a way to get it.

There is a big difference between a system like SS that is mandatory for everyone and a system that would care for the destitute poor, plus if people were required to spend all of their savings before qualifying for this care then there would be much less need and much less to pay out...

Agreed. If this system were in place when I hit 64 years old then it would be a simple 'hide the assets' or buy a car, new home, remodel the old home, wine, women and song. Next day, when I hit 65 years old, I go apply for some of that free social security money. [/quote]

and taxpayers wouldn't have to pay for the rich retirees who automatically qualify for payments, even if they are sitting on $10 million dollars or more.

Agree with this. Anyone who has ample retirement funds and/or income should NOT qualify for SS benefits. Tax them for it like anyone else, but no payments for them.
Before anyone starts in about how this is unfair to rich people, I don't use public transportation or public parks. Should I be given a 'refund' or not taxed for these things? I've never used a fire department, gimme that money back.

You're making a mistake by saying no social security == no welfare.

I'm too old to work and destitute. So I trot on down to my local welfare office and apply for benefits and, if I meet certain conditions, I get them. Yay!
That is the way SS ought to work now instead of handing it out to everyone over 65 whether they need it or not. I wholeheartedly agree with you, SS should be given only to those with the need for it and not given out to fukshits sitting on bloated bank accounts or million dollars a year incomes. It's just borked that our gummit hands out another $500 a month to fuks with a $200,000 a month incomes. If you ask me, taxing me to support that extra $500 a month for these pukes is just criminal.