Thursday, September 20, 2012
What a Rich Person Needs More Than A Social Security Check.
The rich and powerful hate Social Security, but I don't see them tearing up their SS checks (which they definitely don't NEED) when they retire! A SMART solution to SS would take into account how wealthy you are when you retire. If you've got 1 million $ in the bank at retirement you don't get a SS check from the government. INSTEAD of a check you get a debit card for whatever the equivalent amount would be that exempts you from paying a sales tax on ANYTHING YOU BUY! This should save Social Security because only the people who really need it will be getting a check and the wealthy retirees (congratulations, The American Dream worked out for you) will see their buying power increase due to not having to pay a sales tax on their cars, boats etc.( And what rich person would skip a chance NOT to pay a tax?) Let me know what you think of this plan and pass it on!
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