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What does Memphis do about this?
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<blockquote data-quote="vantexan" data-source="post: 2637257" data-attributes="member: 24302"><p>SS is more than a tax, it's a social compact between generations. And it's separated out from other taxes and should've never been touched by our gov't for anything else. The generations paying for our seniors now will have generations paying for them. The thing is the retirees shouldn't be held responsible for decisions our gov't made. Saying it's unfair to future generations to pay for decisions our generation made is unfair to those who don't have a say in how things are run. And for all of you rich bashers out there who think I and other poor guys worship them, this country is run by the rich and powerful, and that extends from Washington into every city, every county. I don't believe we should hammer them with high income taxes, but I do believe they should pay SS on all of their income, and be means tested as to whether they should receive SS. Our capitalist system is the best system for feeding, clothing, and sheltering the most people. But it is exploitative. If you spend your life exploiting others to build wealth the least you can do is give back to the system that was so good to you to assist people in their old age. But trying to take away as much as possible in punitive income taxes will discourage risk taking and job creation.</p></blockquote><p></p>
[QUOTE="vantexan, post: 2637257, member: 24302"] SS is more than a tax, it's a social compact between generations. And it's separated out from other taxes and should've never been touched by our gov't for anything else. The generations paying for our seniors now will have generations paying for them. The thing is the retirees shouldn't be held responsible for decisions our gov't made. Saying it's unfair to future generations to pay for decisions our generation made is unfair to those who don't have a say in how things are run. And for all of you rich bashers out there who think I and other poor guys worship them, this country is run by the rich and powerful, and that extends from Washington into every city, every county. I don't believe we should hammer them with high income taxes, but I do believe they should pay SS on all of their income, and be means tested as to whether they should receive SS. Our capitalist system is the best system for feeding, clothing, and sheltering the most people. But it is exploitative. If you spend your life exploiting others to build wealth the least you can do is give back to the system that was so good to you to assist people in their old age. But trying to take away as much as possible in punitive income taxes will discourage risk taking and job creation. [/QUOTE]
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