What Moms do is priceless, but it’s also not income.
In a community column for the
Yet if a parent decides to put in the time and effort and works at raising fine, cialis canada decent people instead of raising the gross domestic product, she or he is penalized. Never mind the paychecks she willingly forgoes; the years spent care-giving will negatively affect her future retirement because raising kids doesn’t count in the eyes of the Social Security Administration.
But she misses the point. Social Security is a return on funds that were withheld from an individual’s paycheck.
If you have no paycheck, you pay no social security and are therefore not entitled to receive any money back.
By staying home with her kids, Ms. Fink avoided paying thousands of dollars every year on childcare.
She tries to use the fact that other people would have made money for watching her kids as an argument for why SHE should be compensated for the value of her work.
But if I do my own roof and save $10,000, that money isn’t income…it’s money I get to keep.
I’m not sure why Ms. Fink thinks she should be able to save money and then also earn social security on the money she saved.
1 comment May 23rd, 2008