To: The Pack Knight
Will that 18 year old still have to pay FICA taxes even though hell never receive any benefits? If not, where will the money come from to pay the people who do get benefits?
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SS is a tax, nothing else, not a promise, not a retirement fund. I am debating whether to sign up for ss or to forgoe it and medicate. I am wondering whether I will be able to do it. I am not wealthy by any means, but would like to disengage from government intrusion into my healthcare or life span..
88 posted on
11/25/2011 1:24:17 PM PST by
Chickensoup
(In the 20th century 200 million people were killed by their own governments.)
To: Chickensoup
Well, if your parents signed you up for a social security number so they could report you as a dependent, then you're already signed up.
There really isn't any benefit for not signing up, anyway. As you said, Social Security is a tax "imposed on the income of every individual ... [received as wages] received by him with respect to employment." 26 U.S.C. § 3101(a) (emphasis added). You pay it whether or not you're signed up for an SSN and, therefore, for benefits.
107 posted on
11/25/2011 3:00:47 PM PST by
The Pack Knight
(Laugh, and the world laughs with you. Weep, and the world laughs at you.)
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