Originally Posted by
demon llama
Well, in a discussion about an American social program I'd personally draw the line at American workers. What relevance does a subsistence farmer in Africa have in a discussion on American politics?
Unless you're just making a general point of the great disparity of wealth in this world.
OK for those of you who favor means testing or something along that line:
Where do you cut off?
Over $XXM lifetime earnings?
Over $yyyK 401k and other investments?
House worth over X dollars, regardless of market?
If the IRS/FedGov does what you want, there will be a line somewhere. Where do you want it?
I'm already getting far, far less out of SS than if it was invested in the most plane jane medium performance index fund. Even after you account for the "disability insurance" side of SS.
Since we are on this path, at what point of assets do you start denying medicare because you can "afford" private health insurance?
I paid a tax I personally don't agree with, for a benefit that I was told would be paid. No 'oops, your 401k is over $3m, you are cut off" or "you made over $10m in your lifetime, eff off" limit.
Hey, you paid your property tax but since you own a $1.1M house, you need to pay for private security. Cops aren't going to help you.