B/c it is in the interest of the country to not have our streets cluttered with impoverished old people.
Not all people can save enough for retirement. The world needs ditch diggers too. Sometimes people are hit with bad luck as well. Financial crises happen to people who cannot withstand them. Try buying a new furnace for the house on $20k a year. There's food, electricity, water, gas, insurance bills ....and on and on.
You are 'forced' to pay to help your fellow man stay out of abject poverty. The imposition of a payroll tax to meet these demands is sensible. And it is the human thing to do.
Everyone that pays into the system gets a benefit.
No way.
Not buying it.
Everybody can save money, no matter where you are or how much you make. Funny how all the low-enders that need all this help all the time can still somehow afford cigarettes and Bud Light, have a Dish-TV hooked up the the side of the trailer and fancy rims on the SUV...
Financial crisis happen.... yes. However YOU need to cover YOURSELF for when these happen.
Side note: I used to have a boss that drove a 140K motorhome, and joked about getting the SS check every month.... siad he deserved it for paying in all those years...
This is just another example of this sense of entitlement that prevades in this country. If you can't hold your own.... fall out. It is not my, nor anyone elses responsibility to make sure you are kept out of 'abject poverty'. Just because my 'fellow man' happens to exist within the same geo-political region as I do does not make him my responsiblity.