SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: JohnM who wrote (116993)5/29/2005 1:34:00 PM
From: kumar  Respond to of 793745
 
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.