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To: M-cubed
Lock box does not matter.

People paid 12.4% of their wages into a fund. At gun point I may add. That this fund was promptly robbed by the people who were suppose to hold it does not mean that their getting a fraction of what they paid in back "welfare".

what was the interest rate on it?

Since the money was "loaned" to the federal government I would say the savings bond rate should apply.

Last time I checked that was 10%.

41 posted on 05/21/2022 8:35:14 PM PDT by Harmless Teddy Bear (It is better to light a single flame thrower then curse the darkness. A bunch of them is better yet)
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To: Harmless Teddy Bear
People paid 12.4% of their wages into a fund. At gun point I may add. That this fund was promptly robbed by the people who were suppose to hold it does not mean that their getting a fraction of what they paid in back “welfare”. <<

I agree!...If the money I “contributed” over the last 60 some years was compounded at 10%....
Id give you my SS as charity ..just for the write off..../s

49 posted on 05/21/2022 8:52:58 PM PDT by M-cubed (The MSM is now the 4th Branch of Government.....)
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