[Vision2020] Wanna know why social security is hurting?

Chuck Kovis ckovis at turbonet.com
Fri Jan 28 07:36:01 PST 2011


http://online.wsj.com/article/SB10001424052748704268104576108390332589096.html?mod=WSJ_hp_MIDDLENexttoWhatsNewsTop


This guy made $5,000,000,000.00 last year and pays $6,520.00 in social security taxes.   As a percent of his income it is .000001304 %.   An overpaid teacher making $35,000.00 per year pays 6.2% of his/her income in social security tax or about $2,170.00.  Oops, I forgot, shouldn't point this out.  He deserves to keep his hard earned money cause he's a "risk-taker" and that's what makes this country great.  And, in case anyone is wondering, (Gary) I think this bastard should be taxed like hell.  Chuck Kovis
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