Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: dljordan

Yep, we agreed to high SS taxes to solve this problem, NOW WE are the ones STEALING the futures of the “Jugend”


21 posted on 01/01/2011 9:14:31 AM PST by Marty62 (Marty 60)
[ Post Reply | Private Reply | To 20 | View Replies ]


To: Marty62
Yep, we agreed to high SS taxes to solve this problem, NOW WE are the ones STEALING the futures of the “Jugend”

That's exactly right. You agreed to taxes. You also agreed to a certain formula for calculating benefits. Finally you agreed to spend all of the money in the "trust fund" and a whole lot more borrowed money besides. The money you earned is gone and your benefits will be paid from new taxes on newer workers who have their own lives and futures to try to secure in addition to paying for your retirement.

23 posted on 01/01/2011 9:22:01 AM PST by rogue yam
[ Post Reply | Private Reply | To 21 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson