>> I’ve paid income taxes my whole life. The government doesn’t pay me any of that money back.
That’s a red herring. Income tax was set up AS A MEANS OF FUNDING GOVERNMENT OPERATIONS.
Not so, Social Security. It was set up AS A FORCED RETIREMENT SAVINGS PLAN. That was its purpose from the very beginning.
All your talk about how it’s just another tax and it’s not a pension plan is merely you blowing smoke up our obamas. Social Security walks like a pension plan, and it quacks like a pension plan. It is, de facto, a pension plan.
Are you a Krispy Kreme fanboy, by chance?
“Not so, Social Security. It was set up AS A FORCED RETIREMENT SAVINGS PLAN. That was its purpose from the very beginning.”
Not true at all. However, I will admit that this is what it has BECOME, it is not what it was originally intended to be. It was passed as an emergency security blanket for the rare recipient widow that did not work and had her pensioner husband pass away. It was not intended for everyone to see the benefits.
Then it grew and grew and grew and grew and grew and now we have 13% of our productivity stolen from us to pay benefits to current recipients.....
It was theivery then and theivery now. Don’t worry tho, it will soon be surpassed by the fraud called Obamacare! The bonus is that now that we control your healthcare, we can withhold it when you are no longer productive and this will eventually lower the SSIP costs....
Sorry, but it doesn't walk like a pension plan, and isn't a pension plan. It's a tax to fund currently retired persons. What you receive when you collect comes out of the taxes being collected then. There is no account where your individual contributions are saved and grow. What you receive is just a matter of what the government decides to pay. Just like any other entitlement program.