Some higher income groups like some of you guys,hopefully) will just put this money into a retirement fund/investment portfolio,which is the smart thing for you to do because you will be paying this money back next year).
Just finially finished my income tax. I get zero, zip, nada from the the ESP. Once again, working hard and saving money winds up costing you in the end. In addition, 85% of my social security income was taxable at 30+ percent. The government has had the money I put in there for as long as 43 years. No way I'll ever get back what I put in much less any interest from it.
On the other hand, a friend of the neighbor who occasionally stops by looking for a few free beers and hasn't worked for ten years or more,at the age of 52) due to "mental disability" filed an income tax return for the first time in a decade and he will get money from the ESP.
OK, I don't need the money. He will spend it on beer and cigarettes. Those are about the only necessities that you and I don't provide him. I think it sucks..... Every time he shows up here I'm tempted to turn him in. The only thing wrong with him is he's lazy.
There are a lot out there that are very good at milking the system.