Friday, January 4, 2013

You do realize that you just got a 2% pay cut, right?

Instead of paying 4.2% for Social Security, you are now paying 6.2% of your pay to the SS ponzi scheme. If you are under 55, you'll likely never see a dime of any of your contributions. You'd have been better off if you had put that money in a savings account than given it to the government to hold for you.

Don't believe me? Look it up. 

If you make $50K a year, you just lost 83.33 bucks a month. That's a lot of ammo. Or beer. Or food. Or a good chunk of a car payment.

But the government will spend it more wisely than you would have.



2 comments:

og said...

yeah, bastards. That amounts to my toll money each month.

Duke said...

Which is why I like black-market trading as much as possible.