If it is that obvious, I support elimination of SS from a taxation perspective and a claim-bennies perspective.
A couple reasons :
- I have made efforts to think about my retirement time, without any government aid. I fail to see how others can not.
- There are many legal workers in the US, that get SS taxes deducted from their paycheck. When their work visa expires, they go back to where they came from. What happens to their SS tax deduction ? : Uncle Sam keeps it, they cant get it because they are not US citizens, and not US residents.
On the first point, it sounds like a wise position to take given your age, at least as I recall from some earlier posting on the thread. But to expand that to a principle about SS is to miss the point about it as social insurance. The idea behind it is to reduce poverty among the elderly to as close to zero as possible, which it certainly has contributed to. And, second, by doing so, it improves the public health. It's, in effect, the way we all look out for one another.
On the second point, "legal workers in the US who have SS deducted but never benefit," that is surely something that needs addressing. I don't see it as a fundamental structural failing of SS, something that is so significant and so linked to the very structure of SS that one must end the system to address it. But it is certainly something that needs fixing. |
