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To: abb


One very important distinction about Social Security. From day one, the money taken from employees and employers to fund the program was in no way a “contribution.” It was and is a TAX. It is SEIZED at the point of a gun.

There is no “contribute” to it.


Absolutely right. It’s not like a mutual fund or a savings account that remained your property. Your property was taken and spent.


33 posted on 07/04/2014 3:41:12 AM PDT by quesney (e)
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To: quesney

There is a real distinction between the legal issue and the practical political issue. Everyone knows about the legal status of SS.

But the “implied contract” was that if you worked and payed into it, you would collect at retirement.


36 posted on 07/04/2014 3:45:30 AM PDT by abb
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