No Income Tax On Seniors

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http://apnews.myway.com/article/20080811/D92GAVIO0.html

 

Clint Stretch, managing principal of tax policy for Deloitte Tax.

Greatest....name....ever

[UConn James]

And watch as even more elderly immigrants come here in droves.

 

There's a Polish guy down the street who came here at age 65, never put a dime into the system and he gets more from Social Security than my father does, who worked since he was in his mid-teens.

 

You think other countries don't encourage their people to come here knowing they can fleece the Americans? Big reason why the system has as many stresses as it does (second only to all the times Congress raids it; maybe the only good idea to come from the Gore campaign was the concept of the "lock box"). At this point, privatized accounts seem to be the best option if we do have to have a system like this where a faceless govt decides it gets to hold onto my money for 40 years b/c I'm too irresponsible to do it myself.