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Politics : Formerly About Advanced Micro Devices

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To: TideGlider who wrote (954219)8/5/2016 11:22:25 AM
From: combjelly  Read Replies (1) of 1576278
 
Because it is insurance?

No one gets a defined amount of money. Or at least yet. The reality is that the more money you have the longer you are likely to live. So those with higher incomes are more likely to collect more. Those with very low incomes a) collect less per year and b) collect for fewer years on average. So in some sense, they subsidize those with higher incomes.

Granted, you might think it is fair, but...
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