Monday, May 23, 2011

Comparing Social Security with private investment for retirement


One of the better and easy to understand explanations I've seen. Especially that 100% death tax.

2 comments:

Anonymous said...

Murray Sez:
I was always amazed that there wasn't a bigger uproar in 1984 when Reagan signed into law the taxation of S.S. benefits. Our astute legislators passed the buck to good old Alan Greenspan to come up with this advice. This meant taxpayers first give then receive and finally give some back.
Illustrates just how stupid and silly our legislators can get. Kinda like the mysterious "lock Box" or "trust fund" they preach.

Norma said...

I certainly wasn't paying attention in 1984--I think it was the age of my kids.