To: Republican_Strategist
Abolish Social SecurityFirst give me back the roughly 14% (7% from me, 7% from my boss for me) of my salary per year that the Govt. took from me, promising to give it back when I'm an old fart.
To: 69ConvertibleFirebird
In 1960 in Flemming vs. Nestor, Mr. Nestor sued the Federal government claiming he had a right to collect Social Security benefits since he had paid his Social Security "contributions." The U.S. Supreme Court ruled that he, and all workers, have no such property right. "I paid in, I contributed, and therefore I deserve my benefits," is, therefore, a common mis-belief among Americans. Congress can change, as the current debate reveals, any and all criteria as to benefit amounts, tax rates, retirement age, etc. They can cut or eliminate benefits regardless of workers' so-called "contributions."
And the money you collect when you draw Social Security will be simply taken forcibly by Uncle Sam from a young worker and redistributed to you.
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