ihopehefails
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- Oct 3, 2009
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- #41
Why can't we legislate an state level opt-out for S.S., medicade, and this healthcare program? People in states that do want these programs can elect to have them but people in states that don't want to participate in them can opt-out.
From my latest Social Security statement of last summer, through 2008 I've paid an estimated $107,247 in Social Securities taxes and another $25,838 in taxes for Medicare. Additionally, my employers have matched that amount of dough and placed it into the system. Thus I'm not all that comfortable with any opt-out proposal that's on the basis of state. I would favor an opt-out choice by individual.
Who is going to pay for your Social Security when you start to draw on it? That $214,000 will be gone in seven to ten years. If people "opt out" ther will be nothing for you
How about have social security bonds in your name? Every dollar you pay into it gives you some kind of saving bond that can be redeemed later so if you did not pay into it you don't get anything back.