Re:Flash Game Simulates Living on $9/hr.
by mikeash on Friday October 07, 2011 @11:39AM
(#3084412)
> The payback is entirely a function of the contribution stream (amounts and time).
SS isn't just the basic retirement stuff. Other payments are available which vary based on disability, personal resources, and location and status of residence.
Even the basic retirement stuff depends greatly on how long you live. If you die just as you retire, your inheritors don't get any of your SS benefits.
> Suppose that I'm looking to live in one of two cities. One has govt garbage collection and will charge me $100/month and the other has a private franchise providing garbage collection, again for $100/month. Would you really claim that the first city has higher taxes?
Yes, as long as the $100/month is not optional. Gas taxes go to build highways that the driver uses, is that then not a tax? Tons of taxes are earmarked for specific purposes.
SS isn't just the basic retirement stuff. Other payments are available which vary based on disability, personal resources, and location and status of residence.
Even the basic retirement stuff depends greatly on how long you live. If you die just as you retire, your inheritors don't get any of your SS benefits.
> Suppose that I'm looking to live in one of two cities. One has govt garbage collection and will charge me $100/month and the other has a private franchise providing garbage collection, again for $100/month. Would you really claim that the first city has higher taxes?
Yes, as long as the $100/month is not optional. Gas taxes go to build highways that the driver uses, is that then not a tax? Tons of taxes are earmarked for specific purposes.