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Politics : Clinton's Scandals: Is this corruption the worst ever?
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To: David Johnson who wrote (551)8/5/1998 12:18:00 PM
From: Les H  Read Replies (1) of 13994
 
Social Security tax as recently as the 70's was only 3% on the first
$ 3000. The second figure was considerably below the median income
at the time. Now, the income ceiling is considerably above the
median income and the tax is over 15%.

Social Security tax not only saps money people would save for
retirement, but for contingencies such as education, medical care,
and unemployment.
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