4 ms·
We have that. It's called Social Security. There's nothing to say I will live long enough (under your plan) to collect my just deserves. In other words, I have
by nappy-doo 7y ago
We have that. It's called Social Security. There's nothing to say I will live long enough (under your plan) to collect my just deserves. In other words, I have been taxed under my whole life, and never saw a benefit.
Just replace the word "annuity" in your plan, with "public trust" and you have social security.
- ikeboy 7y agoWe don't have that. We have some populations that are charged significantly more than market value for their annuities and some that are charged significantly less. Social security is a combination of mandatory purchasing of annuities plus redistribution; we should nix the perverse redistribution aspect.