Saturday, February 26, 2011

Day Two: The Awful Truth about Social Security



  • My friends, I copied this off the Social Security Administration website:








  • 2011 Social Security tax rate and maximum taxable earnings Updated
    Employee/Employer For 2011, the maximum taxable earnings amount for Social Security is $106,800. The Social Security tax (OASDI) rate for wages paid in 2011 is 4.2 percent for...




  • THIS is the law designating the TOP SALARY for paying into social security. In other words, what you pay into social security  is CAPPED at $106,800. All money earned past $106,800 is not subject to Social Security Deductions. That is, not one penny earned over  $106,800 is deducted from and paid into social security.








  • PLEASE READ THIS CAREFULLY. The wealthiest individuals: CEO's, Private and Public workers, POLITICIANS, millionaires, billionaires, hedge fund managers,etc:  PAY THE SAME MONEY INTO SOCIAL SECURITY THAT YOU DO!!





  • In other words, social security may become bankrupt and those who are rich richer and richest do not pay their fair share. They make money in AMERICA. Just as you do. Shouldn't they be paying a percentage of their ENTIRE EARNINGS?  Just as you do???




  • Social Security is being funded by the MIDDLE CLASS. The dwindling middle class.

    Can we be squeezed more than we are?

    Should not the wealthiest Americans PAY THEIR FAIR SHARE?

    Remember: the wealthiest Americans make their money BECAUSE of the advantages of living in our beauiful country, the United States of Americal. They are AMERICAN. They received an American education, enjoyed AMERICAN opportunities,live in freedom, comfort and have every right that any American has. Shouldn't their contribution be on par with the average middle class Americans?

    We all work hard.But unfortunately, we are not reaping the benefits that the wealthy clearly enjoy.
    The rich are becoming richer, the poor poorer and the middle class is on a downward spiral. We are FALLING FAST.

    If you benefit from being an American and living in America, then you should PAY YOUR FAIR SHARE.

    Why isn't this HEADLINED in the newspapers?
    Why isn't this being SHOUTED by the politicians???

    I can blog everyday. What's more important is that we middle class folks GET INVOLVED! Write to  your councilman, senators, state senators. TALK to your friends, your family, your coworkers.

    Years ago the AIDs activist had a slogan: Silence=death.

    The same is true today for the middle class. SPEAK UP. RALLY. FIGHT FOR YOUR FAIR SHARE.
    If we don't start speaking, there will be NO MIDDLE CLASS.

    WE STILL HAVE RIGHTS. LET'S USE THEM.
    Please join me.Talk, scream, shout, write.We're all in this together. Please, I beg you, FIGHT FOR YOUR RIGHTS.

    Thank you.

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