I didn't copy/paste anything. Do a Google search on my post, and if a result shows up that matches, it means I copy/pasted. There are even search engines to check if a text is plagiarized. Go ahead and show me which of my posts is plagiarized.
And, yes, you do lack reading comprehension, because I was talking about the tax evasion techniques the über-rich use.
Ah, completely wrong. The Social Security trust fund is completely isolated from the general fund.
https://www.ssa.gov/oact/tr/2020/
Of course the money is invested in treasury bills. That is REQUIRED BY LAW. Would you rather they stick it in the bank? Yeah, that's a great idea.
Looks like Trumpet had a losing day at the pickle park. Hide you pets everyone.
No, it's what I said...
https://www.investopedia.com/ask/ans...d-invested.aspSocial Security is a pay-as-you-go system, with taxes on current workers paying for the benefits owed to retired workers and others. For many years, the income Social Security received from payroll taxes was more than sufficient to cover the benefits it was paying out. Over time, the Social Security Trust Fund accumulated a reserve that, at the end of 2019, totaled nearly $2.9 trillion.
Today it amounts to a variant of a Ponzi scheme.
Truth Detector (08-09-2020)
Then what's with all the winy bitching about it? Good lord; man up dude.
So in the less then likely event Biden wins the election, do you think he will follow Trumps precedent of donating his entire $400K salary every year?
There's nothing "normal" about your whiny bitching. The LAW makes no distinction regarding income, race or religion.
"When government fears the people, there is liberty. When the people fear the government, there is tyranny."
A lie doesn't become the truth, wrong doesn't become right, and evil doesn't become good just because it is accepted by a majority.
Author: Booker T. Washington
Yes; it's a brilliant PONZI scheme. Force Americans to pay into the account. Take their money and fund deficits that Americans then have to pay for in taxes. Then, when they retire, FORCE them to buy into Medicare with the paltry amount of monthly payments they receive.
If anyone else tried such a PONZI scheme, they would end up in jail.
"When government fears the people, there is liberty. When the people fear the government, there is tyranny."
A lie doesn't become the truth, wrong doesn't become right, and evil doesn't become good just because it is accepted by a majority.
Author: Booker T. Washington
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