Quote:
Originally Posted by Antitrust32
I do want it to go away. I'd be better off taking that 6-12% of my paycheck and putting the money in a fire proof safe than I do with Social Security.
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Hell - in this market, just buy gold with it until things (eventually) settle down.
And it's about 16%. 8% from you, 8% "from your employer" (which is still from you).
You know - if you had a $100k job, you'd be left with $92k paid to you less other taxes, but the cost of employing was $108k and without those taxes and SS, you'd have it all - makes no difference to your boss who gets the money.