The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing

URL:  https://boards.fool.com/goofyhoofy-the-quottipquot-is-quite-modest-29028378.aspx

Subject:  Re: Means Testing SS Date:  1/13/2011  4:11 PM
Author:  madbrain Number:  68233 of 95210

Goofyhoofy,

The "tip" is quite modest, and if that is what you are using to define it as a "welfare" program, well, it seems a minor point, at least to me. And high income earners stop paying any SS security taxes at all after their first $106,000 or so, so I'm not really convince how awful this is.


It is high wage earners who pay, not high income earners, unfortunately. If your income is from non-wage sources, then you don't pay SS taxes. That seems somewhat unfair.
Copyright 1996-2019 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us