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Debt Relief – Insolvency – Bankruptcy Information » Insolvency » Why can’t Social Security just be an anti-poverty program, instead of a retirement plan?

Why can’t Social Security just be an anti-poverty program, instead of a retirement plan?

Know one get rich from the payout, except the rich who pay in huge amounts.
Why tie payout to payin?
Dems want equality in everything. Tie payout to the poverty level.

Wont this prevent the insolvency to come?
Wont it be cheaper and less taxing?
Wont it be the safety net the poor need and less of an issue to the others that don’t want it.

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3 Responses to "Why can’t Social Security just be an anti-poverty program, instead of a retirement plan?"

  1. Ou812 The Hated Cracker pt15 says:
    Because I would still have to pay into it, at the max deduction btw, and NOT GET ANYTHING back.

    Why not tie SS to individual accounts? Let’s see, I work for the money and get the money I worked for OR I don’t work and get someone else’s money?

    WHICH IS FAIR?

    Try again Vern.
    http://www.nyc.gov/html/opa/html/taxes/socialsecurity.shtml

    2010 $106,800 6.2% $6,621.60
    2009 $106,800 6.2% $6,621.60
    2008 $102,000 6.2% $6,324.00
    2007 $97,500 6.2% $6,045.00

  2. Vern86 says:
    ….Or just raise the upper limit on those that pay into it. The contribution to the program tops out at $90,000. Raise that up, and the program can be solvent, and those people can still receive the benefit.
  3. alan says:
    the SSI box is only filled with IOU’s

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