I don't know where you got that idea from, Jim, but there are a lot of vital differences
Read: https://scroll.in/article/823570/despite-the-comparisons-indias-aadhaar-project-is-nothing-like-americas-social-security-number Personally, I felt the Anupam Saraph,-Usha Ramanathan talk (link posted earlier on Goanet), raises a whole lot of vital issues that cannot be wished away. FN On Wednesday, 29 March 2017, Jim Fernandes <[email protected]> wrote: > > The concept of Aadhar card is a copy of American system called Social > Security card but with a few differences. > > In the US, almost every aspect of your life is tied to this unique number. > This includes federal taxes, state taxes, Social Security payments, > banking, investments, health, insurance, mortgages etc. This is the basis > on which the US government tracks you on who you are, what you own, how > much you are worth, how much you earned in a given tax year and how much > taxes you may owe (after deductions). They link all your accounts to come > up with your tax bill. > > Unless you are in cash business, it is almost impossible to hide your > earnings and there is very little you can do with your non-taxed cash in > the US. In most instances it is illegal to carry cash in excess of $10K in > your pockets. You can't buy fancy cars, you can't buy properties ... > nothing ... unless you come up with taxed money in the bank. > > And there is more! > > Even if you pay your taxes on some ill gotten wealth (bribes etc), they > have a pretty good system to track down money launderers. > > The social security system in the US charges every employee and their > respective employers two main types of taxes, totalling about %15.3 of your > salary. There are certain ceilings on earnings and other exceptions but > this is the most common percentage number split equally between the > employee and the employer. These taxes are in addition to your regular > federal and state/city taxes. If you put in at least 10 years of service, > you and your spouse could qualify for lifetime benefits such as monthly > retirement payments (it can't fund your entire retirement but hey - every > penny helps when you have no other income coming in) and medicare - a form > of socialized medical coverage for the retirees. It also acts as an > insurance coverage, should you happen to pass away prior to retirement > leaving behind young kids and/or dependents or if you get disabled and have > no ability to earn a living. > > India does not have any of this. > > But I do support the concept of Aadhar card in India as it will help to > root out corruption and black money. This may not happen tomorrow, but > given some time, India will get there. > > Cheers, > > Jim Fernandes > Scarsdale, NY. > > On Wed, 29 Mar 2017 07:27:50 +0530, Stephen Dias <[email protected] > <javascript:;>> wrote: > > > OVER INSISTENCE > > ON AADHAAR CARD > > > > ELVIDIO MIRANDA > > > > The insistence on the government at the Centre to try and make Aadhaar > Card > > mandatory for availing of centrally-sponsored social welfare schemes, > > opening of bank accounts, linking of Aadhaar card to Driving Licence and > > asking Telecom companies to link Aadhaar with mobile numbers is an > attempt > > to impose what even the Supreme Court has ruled that Aadhaar Card be not > > made mandatory but optional. It is always that anything that should be > done > ... > ... > -- _/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/ _/ _/ Frederick Noronha http://about.me/noronhafrederick http://goa1556.in _/ P +91-832-2409490 M 9822122436 Twtr @fn Fbk: fredericknoronha _/ Goa,1556 shared audio content https://archive.org/details/goa1556 _/ _/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/_/
