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To: mamelukesabre

They didn’t “pay into” anything. Payroll taxes are just taxes. There is no lockbox, trust account or anything else. The money is simply spent as it comes in - just like the money from income taxes, tariffs, etc. I am no more entitled to something because I have paid payroll tax all my life than I am entitled to something because I have paid sales taxes or income taxes. The idea that paying payroll taxes is somehow “special” is just another government engendered delusion. Social security is just another income transfre program - welfare without much of a means test.


36 posted on 11/16/2009 6:32:51 AM PST by achilles2000 (Shouting "fire" in a burning building is doing everyone a favor...whether they like it or not)
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To: achilles2000

SS is full of IOUs.

Do you understand what that means? It means there is a huge surplus that was borrowed for other purposes.

Think about that.


37 posted on 11/16/2009 6:58:17 AM PST by mamelukesabre (Si Vis Pacem Para Bellum (If you want peace prepare for war))
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