#Echos of Ayn Rand
16-Feb-95 14:01:52
Sb: #152718-#Echos of Ayn Rand
Fm: William D. Patterson 75402,1516
To: John Ellis 72440,3046
OK, so I'm into this thread a little late.
>> >> The collectivist strategy of penalizing the 'producers' to help >> the
'non-producers' is a theme throughout Ayn Rand's writing. <<
>> Sure, right on, but we do not live in a collectivist society.
We don't live in a collectivist society???? Have you done your taxes lately??
<G>
Really, I was approached to perform some consulting services at a very hefty
salary increase – 60%. After realizing that the contract would pay me as an
ind. contractor, I cal'ced out the net after taxes. I mean ALL taxes, the US
IT, state IT, FICA (15.3%), paying for my own medical, paying for my own
pension (no use relying on Soc Sec being around, it won't), and come to find
out that I will be taking a PAY CUT to take the job. And I'm in the 28%
bracket!
So, am I being 'penalized' for wanting to move up? Darn right I am!!
And what are these taxes paying for? ENTITLEMENTS. I don't mean so much the
po', but all the middle class entitlements as well. Including Soc Sec. Hey,
I'd walk away from my 'investment' in FICA, if I never had to pay into it
again. Can't do it on a country wide basis? Don't tell that to Chile, where
they privatized their Soc Sec system.
When you look at a 1.4 trillion dollar budget, divide it by 250 million
population, you've got to figure Uncle is 'collecting' from somebody.