Saturday, August 23, 2008

Forced Goverment Savings Program


EVERYONE in this country who CHOOSES to work hard and earn an honest living, a full-time job, is being strong-armed by the government into “SAVING”:

YOUR PART (up to ~$100K): 6.2%
YOUR EMPLOYER, instead of passing on to you: 6.2%

TOTAL MADNESS: 12.4%

So everyone of us who is working hard to earn a living is paying at least 12.4% of our income into a forced savings fund called social security.

Folks, this statistic is meaningless. It’s up to us to figure out how to spend the 87% we have left, save and give properly.

At $50,000/year:
Social Sec. 12.40%
Yr: $6,200 Month: $516.67

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