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Old 10-18-2007
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Re: It's Official - Babyboomers Start Collecting Social Security

Quote:
Originally Posted by jviehe View Post
I disagree. I do not see any harm in eliminating benefits to those who dont need them. Immediately cease payouts to those who have the saving to retire, pay only what is neccesary for those who have previously paid into the system, and stop collecting payroll taxes, and pay any remaining benefits out of general revenue, until the program is done. For those of us who have paid in, itll be a lesson in why the govt can not do anything right.
Viola, Mrs. M. I don't see this happening anytime soon, but rather when I've been paying into the system for 30 years or so. This is exactly what I'm envisioning as the "fix".

And, I'm not really saying this with much bitterness. I view my SS contributions the way I view any other "tax-tortion" like city stickers, car registration, etc - it's just an annoyance of life that provides me no direct benefit (though indirect ones are, of course, arguable). When I speak of planning never to benefit from SS, I'm not complaining, but stating it as a matter of fact.
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