Enlightened ramblings of a minarchist libertarian with Objectivist tendencies

Wednesday, June 30, 2004

Teaching Us the Meaning of Unscrupulous

I don't know exactly how this story slipped by me, perhaps because it was never mentioned in my local paper.

Fortunately, it didn't pass the watchful gaze of the Heritage Foundation last year. They pose a good question:

Why would Texas teachers use a questionable loophole in the law to get Social Security benefits that they are not qualified for? That loophole might allow them to pay as little as $3 in Social Security taxes and receive Social Security benefits worth about $5,200 a year for the rest of their lives.

Fortunately, that loophole closes today and our teachers here in Texas can turn there attentions away from screwing over the taxpayers to worrying about more troubling things such as this.

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