quote:Oh yea, my corporation does not pay any income tax as your chart shows. As a subchapter S corporation, tax is only paid by the stockholder -- not the corporation and then the stockholder,
Why is that?
quote:A couple points .. because Bill Gates IS REQUIRED to pay in to SS he deserves to be paid the 372.00. My point is hes smart enought to know he isnt going to live on that each month.
Next it will NOT be around much longer to collect.
The $372 I quoted is the weekly unemployment benefit that Michigan pays out, and I agree wholeheartedly Ron.
At my last SS benefit summary at age 67 which is the age a American citizen can receive full SS benefits, I will be eligible to receive in the neighborhood of $1800 a month. Surley not enough to live on in 20 plus years. But like you said it may not be there for me, I do save what I can for my older years. But I do what I can.
The reason SS will not be there is the government in their wisedom decided to raid the SS cofers in the late 80's to early 90's to pay for budget items, instead of leaving a fully funded SS system for our citizens.
quote:Sounds like you and OSOFAST have started the war on business and business owners along with your guy in the White House. Sorry, but the trickle-up poverty that you guys are talking about is not for me (i.e. Obama's socialist programs).
I have not started a war, and I am sorry that you feel that way.
But FDR had to battle the same rhetoric to get the New Deal to fly also, and his plan brought this country from the brink of destruction.
By the way my name is Jeff.