don't know for sure, but since I've worked i've paid a ton into the system
someone has been getting rich off the system and it hasn't been me, when you sit down to play poker or to pay your taxes and you don't know who the sucker is, you are
the politicians and lobbyists and even the bureaucrats all get their nests feathered by the system, not me, and then there's the dimocrat constituents, they know how to work the system for sure
if their actuaries haven't calculated enough of a prepayment amount of medicare taxes for the 47 years between 18 and 65 and ive paid in just about the max in medicare tax although the last however many years when they made medicare tax unlimited on earned income, I haven't paid the max since there is no max
and then the premiums paid for the Medicare insurance due each year once you become 65, which is paid out of the poor return you get from social security I've paid (both halves) at the max each year since I was in my early 20's
and then there's the income tax which went in as well
and then there's the employment taxes on people who have worked for me I've paid , don't even want to think about that, that number will choke a leviathan
so I don't know if i'll be a ward of the state in my decline, but as Obama says, we'll give grandpa a pain and knockout pill not medical care
Originally Posted by nevergaveitathought
I waited until I was 70 before I started drawing my SS, because I did not need it.
Since I paid in a shit load through the years, I get a substantial check each month, of which I have to turn right around and pay my current tax rate on. Then, since I am still working, the SS is taken out of my weekly check.
The government does’t get it all, but it’s a shame I get penalized on my SS simply because I choose to continue working.
For a person of my age, SS should not be subjected to the Income Tax.