The Motley Fool Discussion Boards

Previous Page

Education, Jobs & Professions / Self-Employed Fools

URL:  https://boards.fool.com/hi-rpons-immo-they-should-do-away-with-the-limit-21415780.aspx

Subject:  Re: question on paying family members Date:  10/7/2004  4:39 PM
Author:  Dwdonhoff Number:  10542 of 15025

Hi RPons,

IMMO, they should do away with the limit all together and that should take care of Social Security Trust Fund.

You do realize, of course, that the ensuing increase in the cost of employment will have an equivalent DECREASE in the volume of employment.

In other words, the more expensive you make it for an employer (me, for instance) to hire humans (especially Americans,) the more incented I am to find alternative (cheaper, non-human, non-American) sources & solutions.

THEN, more Americans are lining up for MORE handouts, with LESS employers contributing.

Not the solution we want, I'd suggest.

Cheers,
Dave
Copyright 1996-2020 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us