Quote:
Originally Posted by Riot
Social security monies and Medicare monies are kept separately, though, each is an independent percentage of FICA.
Again, the only change I would make is raising the cap to $250,000. No need to raise the age if that is done. No "overhaul" needed, just a tweak. People in America work longer than other countries to get to retirement already.
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Bullshiat!
The cash, collected in the form of taxes, is deposited into the general fund and then 'credits' (future tax promises) are issued to each's account. The 'cash' meanwhile goes to everything from the bridge to no where to Obama flying home for his b-day bash.
If we only had the monies kept seperately we'd have only 30% of the debt we do now!