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To: ForGod'sSake

I’m with you on this topic.

As millions of baby boomers like myself transition from taxpayers (often at the top of our career level earning power and thus top of our tax paying amounts) to payment receivers, the Social Sec and Medicare programs are in big trouble.

I paid the max SS tax for nearly 40 years and now I’m going to be paying in nothing and collecting.

The “hundreds of billions” that AARP says are in the “trust funds” are bookkeeping entries only, a promissary note from a broke government.


68 posted on 08/13/2009 3:58:41 PM PDT by nascarnation
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To: nascarnation
As millions of baby boomers like myself transition from taxpayers (often at the top of our career level earning power and thus top of our tax paying amounts) to payment receivers, the Social Sec and Medicare programs are in big trouble.

I made the transition a couple of years ago; my timing couldn't have been worse. Fact is, I was tired and ready to kick back, so I'll live with the consequences. I have no obligations outside of local taxes, so it could have been worse.

71 posted on 08/13/2009 4:11:39 PM PDT by ForGod'sSake (You have two choices and two choices only: SUBMIT or RESIST. Have I missed anything?)
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