Monday, August 25, 2008

US Social Insecurity

I just got my paper Social Security statement in the mail. I really appreciate the many millions of dollars spent to print and mail these out. Good job USA!

The good news is, I only pay 6.2 percent of my salary in taxes for this on the first $102,000 I earn. I don't make that much money, but all of the silly Rich assed dicks who drive beamers and fly around in their private jets, only pay the 6.2 percent too, on ONLY the first $102,000 of their pay checks. This system is really designed to tax the poor to pay for the poor, but if you make 12 million dollars a year, you will still get a check when you retire. Funny!

About retiring; If I work until I am 67 years old, as of now I will get $2106 a month in benefits. In 5 years, time this will, over spend what I paid into the system. Not that I expect to see a penny or live till 67 or 72 years old, how can this plan be financially sound? The whole thing is a joke and the Congress "borrows" funds from the plan all the time, so it's not filled up like it should be.

I wonder if I can transfer this cash cow to Sweden??

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