Why Sacrifices by the Rich Won't Fix Social Welfare
bloomberg.com
Why Sacrifices by the Rich Won't Fix Social Welfare
1–4 of 4 posts
Re: Why Sacrifices by the Rich Won't Fix Social Welfare
#2Yes, remember how Social Security didn't take seniors from the most impoverished age group to the least, and was completely unsustainable for 80 years?
Re: Why Sacrifices by the Rich Won't Fix Social Welfare
#3Yes, remember how Social Security didn't take seniors from the most impoverished age group to the least, and was completely unsustainable for 80 years?
When social security started, they promised it would never take up more than 3% income tax. Today it is 15%. That is a 500% increase in taxes to support it, and it's only getting worse as lifespans increase and fertility rates decrease.
Bill Gates said that someday people will not have to work because of machines, but today we are just not yet at that level. Every able-bodied person should work if they need money. It's just not right for me to struggle paying my bills and 25% of my income to taxes so some other able bodied person can sit around doing nothing.
Re: Why Sacrifices by the Rich Won't Fix Social Welfare
#4I read it and just don't get the point or the argument. Not what i expected