Re: Heartburn of the Day
  Home FAQ Contact Sign in
sci.electronics.design only
 
Advanced search
POPULAR GROUPS

 Up
Re: Heartburn of the Day         

Group: sci.electronics.design · Group Profile
Author: James Arthur
Date: Jul 8, 2007 07:11

On Jul 7, 6:32 am, MooseFET rahul.net> wrote:
> By "distributed" do you mean given without something being obtained in
> return?

I meant distributed, literally. Social Security tax is 13%% of your
salary (half from you, half from your employer). Collected, that
money is then paid directly to people who are already retired. It
isn't saved. Shortly after you've paid it, it's gone.
> I do hope not because that is way off the mark. In any case,
> "most" also means "not all of" so you now must be agreeing that you
> should pay some taxes.

Already acknowledged. The question is how much, and for what. To
echo Arthur Godfrey, "I'm proud to pay taxes in the United States; the
only thing is, I could be just as proud for half the money."
--Arthur
Godfrey

Cheers,
James Arthur
no comments
diggit! del.icio.us! reddit!