@thedaffydavid Oath_Keeper •
2 hours ago
I posted this on another article but damn I just had to post it again.
The liberals are playing a scam again, by taking our involuntary contributions and investing it for their own benefit..
"At a reasonable average return of 6% on $1,710 you would have $263,700 at age 65. Leaving that in the account and drawing down over 30 years would yield a payout of $19,157, which would be tax free. "
" By investing $1,710 at 8% average (which is somewhat more reasonable in a properly managed investment portfolio) these figures would be $441,432 and $39,211 per year."
The liberals only want to pay the contributors a taxable income of $6 410 per year leaving the loathsome liberals a probable profit of:
@ 6 % $19 157 - $6 410 =
$12 747 per contributor a year
@ 8% $39 211 - $6 410 =
$32 801 per contributor a year
If you use 3 million contributors a year that is:
@ 6 % 3 million * 12 747 =
$38 241 000 000 a year
@ 8% 3 Million * 32 801 =
$98 403 000 000 a year
The liberals want to scam us using our own damn money and then tax us on it.!
No wonder the liberals feel they will balance the budget by 2018!