As I’ve said in the past, I’ll be amenable to negotiating this when I get close to receiving what I & my employer paid in - not even asking for interest.
Right now I’ve got about 20 yrs to go.
Would you be amenable if given this choice:
You do not get what you contributed in Social Security when you retire IN EXCHANGE for NOT BEING TAXED on your current retirement income.
For instance, let’s say you are now 65, and throughout your working career, you saved enough in your 401K, IRA and other retirement accounts to get an income of $60,000 average for life, and you should be receiving an addtional $20,000 per year in social security.
You may give up the $20,000 in social security due you, in exchange for being taxed only for $35,000 of your income (That’s $20,000 plus an addtional $5,000 ).
Boy, wouldn't it be nice if we could get a refund of all the taxes we've paid in this country?
Another solution would be for our elderly to quit getting older and to start getting younger for awhile.
And, if both my arms could be right arms . . .
And, then there's Medicare.