FICA is a scam, and if you are younger than 40 years old, you lost all of that money.
Second, FICA is your retirement money and has nothing to do with financing the government.
If you detect a contradiction, don't tell me, tell the Democrap that refuses to admit that FICA is a scam and is an actual tax.
FICA is a scam, and if you are younger than 40 years old, you lost all of that money. ~Humble
I don't think it should either unless you are also going to include future benefits as well. This is, or should be separate from the general operating fund of the government, despite the present practice of "borrowing" from SS funds. ~meyer
Koblenz is right in raising the issue of FICA. Of course it's (SS) a scam but the subject of the thread is Which Wage Earners pay the taxes - not who receives, or may receive future benefits. Something like 75% of wage earners pay more in FICA than they do in other taxes. FICA is now. Benefits are on the other side of the ledger and another argument. What the Federal Government does with FICA, Medicare and Income Tax is irrelevant. People have this burden now.
To NOT include the mandatory FICA tax in the equation makes any discussion on Who Pays the Taxes a bogus one.