Comment on It's rigged

• Railcar8095@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

  We shouldn’t be so close minded really. The same thing happens in my country, there’s a maximum absolute value you can pay a social security tax, because there’s a maximum you can get in the form of unemployment and retirement. Then there’s the income tax which is not capped and it’s progressive.

  Leaving this info aside on a quick meme is one thing, but to tell people that point it out to “follow the herd” feels to deliberately want people to be misguided.

  I don’t know how exactly the social security works there, but does make sense that a different tax works different than the income tax.

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  • SippyCup@lemmy.world ⁨1⁩ ⁨week⁩ ago

    If the maximum amount going in is exactly what people would expect to withdraw, then it cannot possibly ever pay for itself. It’s a ponze scheme, and is designed to eventually fail, leaving working class people holding the bag.

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    • Railcar8095@lemmy.world ⁨1⁩ ⁨week⁩ ago

      That’s the spirit of discussion I think we need to have. Even if you are mistaken about what a ponzi scheme is, now we know why you think certain way

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      • SippyCup@lemmy.world ⁨1⁩ ⁨week⁩ ago

        A ponze scheme is a scheme in which investors are paid only by recruiting new investors.

        That’s literally how social security works.

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• BlackLaZoR@lemmy.world ⁨1⁩ ⁨week⁩ ago

  Why should I care about the room? I’m not here to glaze other people into liking me.

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