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Employer Issues
Reply to "$600 write-off. Am I missing something"
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[quote=Anonymous]Anyone who has followed the news in the last two years must know that social security will probably not exist for today'syoung workers, no matter how much they pay in taxes. Some facts from the Pew Research Center: "The young today are paying taxes to support a level of benefits for the old that they themselves have no prospect of receiving when they become old.” "Although the average 25-year-old will pay out almost $26,000, the net tax bill for the boomer generation is an eye-popping $420,000." "Absent any changes to the system, virtually all millennials will get back less in benefits than they contribute in taxes" I am with OP. I will take my pay off the books. The rest of you may be able to feed yourself on the warm tingly feeling of moral prightness but I am going to need something more than that to avoid cat food dinners.[/quote]
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