If you missed Michael Moore’s CCN interview (as I did!), here it is…
As always interesting thoughts. Couple interesting thoughts/questions from the interview.
- One of his question – why people who earn more than 110k dont pay social security tax? Believe it or not, I have discussed the same question with many of my friends. I did not get any good answer except for one. If fed collects more money they should pay more when they retire. Not sure how true it is but my understanding was the benefit is based on inflation (remember 2010 no increase in soc sec benifits because of very low inflation this year)
- He does not own any stock! Hard for me to believe but it should be true for he is talking in a very very popular show.
<Intentionally skipped part 2 for its a repeat of part 1>
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