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Old 08-03-2011, 07:48 PM
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dellinger63 dellinger63 is offline
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Join Date: May 2006
Location: U.S.A.
Posts: 10,072
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Quote:
Originally Posted by Riot View Post
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!
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