Quote:
Originally Posted by dellinger63
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!
|
That doesn't even make any remotely logical sense.
Oh, wait! I think you thought I meant that the funds are physically kept separately. LOL - no. That's not what I am saying when I say the "funds are kept separately". I am talking about normal accounting procedures. Not your scenario of a man cashing your check, and putting money into little separate piles .... Seriously? That's how you think? You think that people (employers) should be required to write a separate check for each separate Med and SS account? LOL!
Dell, I want you to do something really brave: go read Wikipedia, regarding "Social Security - United States"