Quote:
Originally Posted by Riot
 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" |
and you go take a reality pilll.
If the SS tax was actually invested in the same form it came in, CASH (even in actual T-bills) the roughly 40% of taxes paid in 'cash' taken in each year wouldn't be available to 'waste' on political pork whether it be reps or dems.
It's that simple!