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https://boards.fool.com/goofyhoofy-the-quottipquot-is-quite-modest-29028378.aspx
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| Subject: Re: Means Testing SS | Date: 1/13/2011 4:11 PM | |
| Author: madbrain | Number: 68233 of 95210 | |
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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. |
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