General Discussion
In reply to the discussion: Fellow childfree folks, how much did you love writing the check out to the IRS after hearing all the [View all]hfojvt
(37,573 posts)based on what I paid in and what social security projected to me in various earning reports, it pays less than 4%. Not only does it pay less than 4%, but the equity is gone too. The person at that blog did not seem to include the EMPLOYER portion of the tax. If that was not there, then my employer could pay that to me in wages.
Talking about the next generation disappearing is a nonsense argument. Might as well base you argument on the earth getting destroyed by an asteroid.
Point is that I paid my dues there to receive my benefit. I should have to pay an extra subsidy to support other people's children who are paying their dues to receive their own benefit.
Also, my money I paid in is not gone. It has been borrowed.
There's a difference.
Otherwise you might as well say that the money in my savings account is "gone" too. Because, it too, has been borrowed.