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To: REPANDPROUDOFIT

Social Security Supplemental is a different program. Its paid out of general taxes.

Social Security is paid out of work contributions = FICA. Its a compulsory retirement savings program.

They are two very different elements of Social Security.


15 posted on 11/08/2010 4:06:16 AM PST by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: goldstategop
Social Security is paid out of work contributions = FICA. Its a compulsory retirement savings program.

No, it is not a retirement savings program. Your contributions do not belong to you. A person could pay into the system for 50 years and not receive a dime except for a small burial allowance. It is a Ponzi scheme.

20 posted on 11/08/2010 5:23:56 AM PST by kabar
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