"As part of the plan, he'll propose phasing out Social Security payments for those making more than $80,000 in other income and eliminating them for those making $200,000 or more a year.
"I'm suggesting that Americans pay into this system throughout the course of their life knowing that it will be there if they need it to support them. So that seniors will not grow old in back-breaking poverty. But if you are fortunate enough not to need it, you will have paid into a system that will continue to help Americans who need it most," he says, according to an excerpt released by his political action committee, Leadership Matters for America. "That is what we have always done for each other through private charity and good government.""
I'm sorry, social security is a "custodial" system, not another form of taxation. If you just take away what millions put in for 35 years, no matter the reasons, that system and promise is flawed. So the reason is you already have enough (80K-200K) so now we will just piss it away to others.
invite response
"As part of the plan, he'll propose phasing out Social Security payments for those making more than $80,000 in other income and eliminating them for those making $200,000 or more a year.
"I'm suggesting that Americans pay into this system throughout the course of their life knowing that it will be there if they need it to support them. So that seniors will not grow old in back-breaking poverty. But if you are fortunate enough not to need it, you will have paid into a system that will continue to help Americans who need it most," he says, according to an excerpt released by his political action committee, Leadership Matters for America. "That is what we have always done for each other through private charity and good government.""
http://finance.yahoo.com/news/christie-propose-overhaul-social-security-132358598.html
I'm sorry, social security is a "custodial" system, not another form of taxation. If you just take away what millions put in for 35 years, no matter the reasons, that system and promise is flawed. So the reason is you already have enough (80K-200K) so now we will just piss it away to others.