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To: Swiss
So will you refund the money whenever the amount you get from Social Security is greater than what you paided in taxes?

ROTFLMAO! You actually made me bust out laughing. Do you really think I will get back what I pay in? OMG, too funny.

226 posted on 11/10/2005 4:29:58 PM PST by RadioAstronomer (Senior member of Darwin Central)
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To: RadioAstronomer
Well you know why the complaining from the youngsters on here about Social Security. I don't expect the program will even be around when I retire. I also don't think military retirement will be around either but I will still do my twenty years.

Oh and some of us thinks that those who served their country like yourself shouldn't be lumped into the vocal minority that we think of as the 60's generation
243 posted on 11/10/2005 4:42:01 PM PST by Swiss
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To: RadioAstronomer
ROTFLMAO! You actually made me bust out laughing. Do you really think I will get back what I pay in? OMG, too funny.

Imagine that little summary of social security taxes collected over the past 30 years and adjust those dollars for the present value of that money. It would be an enormous sum. Sadly, that money was spent after it was collected. It is just a record keeping entry in a phoney government ledger. No interest will be paid. It is unlikely that we will ever even see a repayment of the principal.

466 posted on 11/10/2005 8:29:21 PM PST by Myrddin
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