Social Security System

• valentinoo

  5 May 06, 19:32

  what u guys think of it? to implement it....personal tax will be higher...but eventually everyone will benefit from it...
  
  i know in canada theres such thing..australia too..
  
  whts ur view?
  
  to pay higher tax, but live in peace or pay no/low tax but constantly worrying bout what if u lose ur jobs,..how to support ur kids??
  
  
• MrDeeJay

  5 May 06, 19:34

  cameras along the street?
• valentinoo

  5 May 06, 19:36

  Originally posted by MrDeeJay:

  cameras along the street?

  u china come?
• dakkon_blackblade

  5 May 06, 20:01

  Personally, I think such a system is untenable. Set the social security payment too high and you remove the incentive to work; set it too low such that it's hardly enough to support oneself and you defeat the purpose. Also, if such a system requires higher taxation to fund, it hardly seems fair if hardworking and contributing members of society have to subsidise the useless bums who just sit around and wait for handouts.
• valentinoo

  5 May 06, 20:12

  Originally posted by dakkon_blackblade:

  Personally, I think such a system is untenable. Set the social security payment too high and you remove the incentive to work; set it too low such that it's hardly enough to support oneself and you defeat the purpose. Also, if such a system requires higher taxation to fund, it hardly seems fair if hardworking and contributing members of society have to subsidise the useless bums who just sit around and wait for handouts.

  the welfare system will cover ur kids education expenses..thats wht the australians r getting..if u have a kid..still stuyding...depending on the age...govt will give certain amount of money per 2 weeks..my relative hes 15...still studying..he received bout 800 per months...so his parents dont really have to worry bout giving him allowances...and if u r unemployed...u'll get benefits too...but da benefits r not much huh...so obviously its better to WORK....i think da system is all bout sharing...everyone will stand to benefits.....u pay...u gain!
  
  here u pay tax..though not much...but u and ur family need to slog more...