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From: magik@chinet.UUCP (Ben Liberman)
Newsgroups: net.taxes,net.legal
Subject: Re: Social Security (how to get out)
Message-ID: <598@chinet.UUCP>
Date: Mon, 6-Oct-86 02:12:11 EDT
Article-I.D.: chinet.598
Posted: Mon Oct  6 02:12:11 1986
Date-Received: Wed, 8-Oct-86 00:26:44 EDT
References: <126@raster.UUCP> <6152@alice.uUCp>
Reply-To: magik@chinet.UUCP (Ben Liberman)
Organization: chi-net, Public Access UN*X, Chicago IL
Lines: 15
Xref: mnetor net.taxes:611 net.legal:3816

In article <6152@alice.uUCp> ark@alice.UucP (Andrew Koenig) writes:
>> Like many other people, I believe that by the time I am old enough
>> to collect it, Social Security will be long gone. 
>>  
>> IS THERE ANY WAY OUT???
>
>No.

Yes, sometimes.

If you sell your services as a consultant, you are not paid a salery and no
taxes are withheld.  You bill the company for services and are paid in full.
If you have incorporated as an 'S' corporation, the corporate profits can be
paid to you (the sole shareholder) without incuring any corporate income tax
This income is considered to be a dividend, not a salery.