News for hackers. Stuff that matters.
Re:Why I'm donating $150/month (10% of my income) to the mus... by einpoklum on Thursday October 07, 2021 @05:08PM (#28792112)
> Does it ever make sense to pay more SS tax, based on a present-value analysis?

Of course it does. Social Security is social, not individual. If you're a rich man - and a person who makes 160 KUSD / annum probably is - it makes a lot of sense to contribute more to social security, whether voluntarily or involuntarily.

Re:Why I'm donating $150/month (10% of my income) to the mus... by caturopath on Thursday October 07, 2021 @05:50PM (#28792556)
They specified "based on a present-value analysis". They were interested in SS as a personal money-returning interest for that question.

That doesn't mean they don't think that people should pay taxes for welfare programs like social security or for other governmental functions, it just wasn't what the question was about.

Certainly if you're after the second bend (very realistic for a lot of folks) there is minimal return on contributing.