"Atlas Shrugged": From Fiction to Fact in 52 Years
On Mon, 25 Jul 2011 05:27:17 -0700 (PDT), "
wrote:
On Jul 24, 7:30*pm, "Paul K. Dickman" wrote:
There is a way to not pay into the system.
That way is to not have any earned income.
FICA is not collected on unearned income, including interest on savings
deposits, stock dividends, and capital gains such as profits from the sale
of stock or real estate.
If all your money comes from stocks and other investments, you need not pay
anything into Social Security.
Paul K. Dickman
That is true, but somehow not relevant to me when I was young. I
could not have supported myself much less a family without working.
Dan
As I recall..Teachers dont pay into SS either, or do I have it wrong?
Gunner
--
Maxim 12: A soft answer turneth away wrath.
Once wrath is looking the other way, shoot it in the head.
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