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We live in a nation of liars: the federal gov LOVES to state we pay a fraction of federal taxes. They completely ignore FICA, Medicare, state, local, and Social security which easily add another 10% or sometimes even 20%. In NYC and California, your state and local may as well be a second income tax that almost matches federal taxes. I used a tax calculator, and on a really good salary of 200,000 in some of these shitholes, your take home after taxes is under 100,000.

Not only do the Trump tax cuts expire soon, with the way SS (Ironic that SS's nickname is the same as the Nazi secret service) is heading, i foresee they will ramp up the number to 8% than 10% and incrementally increase the taxes on everyone. It's not bad enough people can barely afford to live, gotta steal and rob everything you can before everything implodes. What makes this even weirder is that there isn't even a fund for SS, it's a ledger OPEX item in some excel sheet somewhere, never to be seen again. But the government needs its cash, so foresee more nickle and diming. Heck they may even introduce new types of taxes like an employee privilege tax, because its a privilege to have a job after we tried so hard to get rid of you!

Technically they already have been restricting SS by increasing the retirement age, and decreasing the benefit amount. The only thing left to do is increase the contribution amount on top of decreasing the benefit amount whilst increasing the retirement age. Entire thing is a scam too, if i could keep that money and invest it myself, i could literally pay off my house 10 years early.

Fun fact: Social security is NOT inheritable except by a spouse. It's essentially a way to communize your money and give it back to the government. It was essentially a subtle way at the time to ban inheritance by having everyone give their money to big gov who than got to decide who gets money or not.