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Elizabeth Warren's "Wealth Tax" Now Will Pay For Social Security Increase

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posted on Sep, 12 2019 @ 04:00 PM
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a reply to: Xcalibur254

Unfortunately that is not how Social Security works. You don’t have an account that you contribute to. Your payments are put in a large pot and money is distributed to current recipients according to their scheduled payments. The leftover money (of which there was considerable amounts until it was raided by Congress) is to help cover in event distributions exceeded contributions (Baby Boomers).

In the event it is determined that there will be no future recipients added to the list, SS taxes will still be withheld until such time as no longer needed to be. In that case, you will have paid in but will be getting jack in return when it would be your time.

Now does anyone have any questions as to why it is so important to ban guns and ban them sooner rather than later?
edit on 12-9-2019 by Ahabstar because: (no reason given)




posted on Sep, 12 2019 @ 06:04 PM
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a reply to: shawmanfromny

Well im not disagreeing wigh you completely, but there is a massive issue of the ultra wealthy cheating the u.s. tax system, getting away with crimes (that perdu family who made billions off the opoid crisis), and often exporting jobs to slave labor in other countries.

This excuse of "but they might leave us if we go after them!!!!" is getting old. A hollywood actress might go to jail for a low-level school bribe while billionaires who made made tgeir billions off of getting people hooked on opoids aren't even being investigated.



 
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