[vaudine]

Yes, I know that the payroll taxes that are supposed to go into the SS "trust fund" that isn't, do not actually get into a lock box. However, payroll taxes are paid in to fund SS. Yes, you get to keep a few dollars of your money from FICA; however the money to pay SS recipients has to come from somewhere; so if you buy a house or refinance, about the same amount comes into the govt. from you as a fee on mortgage ins. There will not be enough coming in, as the number buying and refinancing will not equate to the number working and contributing through FICA. Therefore, the mortgage fee will creep up and other "fees" will be found to bring in more money.

If you think this admin. and the Dems intend to let us actually have more of our own money, think again.

Low income will probably be exempt or get subsidized, so working peeple making much above minimum wage will be funding this redistribution in several ways that will make us long for the FICA tax again.

vaudine

[WilliamIII]

If you think this admin. and the Dems intend to let us actually have more of our own money, think again.

All I know is that the payroll tax is being lowered and it was INSANITY for Republicans ever to oppose that.

“I am in favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it’s possible.” — Milton Friedman