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.
I'm 44 yrs young, have time on my side. These days I am a US citizen. One time, before I was a citizen, I asked a US govt taxation official "I spend $X financing my parents in India, I spend $Y in SS taxes. Can I get some kinda offset on one against the other ? to help me finance my parents whilst I'm still young?"
The guy laughed me out and said 'buddy be careful, you could be in India, and you can kiss your SS benefits in the ass, never mind your parents..."
On the second point
I think enough was stated above. |
