Social Security payments are capped, no one pays any additional over a certain dollar amount, somewhere - I think and I may be wrong but not I think by much - in the mid $60,000s of annual income.
That would be per tax year, not life time. So how much life time did they put in? Yes, they scam. What we are taking about here is Medicaid, not Social Security. They are able to shelter their assets and thus claim that they have no assets and receive Medicaid that is intended for the poor. It is all legal. Our office does this because it is legal. It is smart financial planning. But why shouldn't this couple have to pay their own medical expenses? Why should my tax dollars pay for their Medicaid benefits when they have the money sheltered to give to their heirs outside of the system? No it isn't a scam. It's trying to keep the government from trying to take more of the money they earned. In other words, Medicaid is paid for the poor, and for those who have enough wealth to qualify by sheltering assets. Who is without Medicaid? The working poor, the working class, the lower middle class. Again, the poor wouldn't even have Medicaid if they had not supported system with their tax dollers. No, Kasey, these people are getting a means tested benefit that they do not qualify for other than by sheltering income. If this were a poor couple getting extra benefits, they have been called "welfare queens." When the moderately wealthy and rich get extra benefits it is called "smart financial planning." Read your own words here; the ones who put into the system are scamming; those who take extra are poor. Set your rhetoric aside, stop giving speeches, and consider: Who is without Medicaid? The working poor, the working class, the lower middle class. All we have to do is extend Medicaid to everyone, because EVERYONE does pay into it, it is just that the working poor and the working class do not get the benefit of what they have paid for. The solution? Give it to everyone. That is universal health care, a system I prefer to the current program of health care for the rich. I love how when you post it's to inform, and when I post it's rhetoric. Sort of like when you put in you scam, when you take out your poor. Kasey Get more from the Web. FREE MSN Explorer download : http://explorer.msn.com
