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I think some will find this interesting which shows income and corporate taxes as a percentage of GDP. One thing I would like to point out is that during the year 2000, total receipts were 19.9 and now they are 16.7 or the same as 2005. Please make your own informed conclusions.
Historical Source of Revenue as Share of GDP |
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But I still think limited government is necessary. I just feel they already have plenty of our money...actually much more than is absolutely necessary...to do the minimum required work of government, including maintaining the infrastructure. |
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I am glad I paid into it. If people had a choice back then, how many young folks would have actually been disciplined enough to pay into another form of retirement savings? I would think not many. Plus, in this day and time I don't think there would be many that would be all that disciplined either. It is a good thing we have it. I am to young to start collecting, but I consider it a benefit of my retirement. I was certainly blessed to have a job that offered a pension also. I do not feel one iota guilty about it either. It will "benefit" me in later years and I am grateful it is there. For many it is trying to make ends meet.
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Unfortunately there is no such thing as "fair share". There is only the concept of paying the least amount of tax that the tax laws permit and they are anything but fair since they are the result of extensive lobbying by special interest groups. The middle-class doesn't have a lobbying group and is guilty of repeatedly voting the same people into office and therefore guaranteeing that they will get screwed.
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Mrs. Sharpton is reading this. Coke is spelled with an H at the end. |
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Here's a valid hypothetical: Would you opt out of Social Security if the only other existing safety net would be welfare? Here's a faulty hypothetical: Would you opt out of Social Security if you knew that you would be charged with treason and executed? It's hypothetical but faulty in the sense that it will not lead to a rational discussion. |
Social Security, yea or nay?
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A hypothetical is what it is. If you choose to say it's faulty or not rational, that's your prerogative. Doesn't disqualify it as a hypothetical. A hypothetical doesn't have to meet your "faulty" or "valid" test. That being said, the OP is not even close to being unreasonable as a hypothetical. Your assumptions about its validity are just that...your assumptions. Seems most find it to be a perfectly valid starting point for discussion. |
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Before the Social Security retirement existed and there was no forced saving through payroll deduction, weren't individuals responsible for their own savings for retirement? What kind of government welfare was in place at that time (pre-Social Security retirement)? Were people able to get this welfare for retirement living? I remember seeing photographs in history books of people during the Great Depression selling apples on street corners in order to make a little money. Wasn't there any kind of government welfare available for the millions of people out of work at that time? |
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