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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (483845)5/28/2009 12:37:55 PM
From: Tenchusatsu  Read Replies (2) of 1573989
 
RW, > SS has a surplus right now.

Only if you call out what advocates of Social Security have been trying to hide for decades: Current contributions go directly to beneficiaries.

If you account for SS properly, it is vastly underfunded. But don't worry; The One is going to lift the FICA cap on all income above $250K. Nothing like a 12.5 percentage point hike in taxes to fund any entitlement program ...

Tenchusatsu
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