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[–] KosherHiveKicker 0 points 1 point (+1|-0) ago  (edited ago)

((( Robert Jacob Samuelson )))

Why economic growth lags - By Robert J. Samuelson ( Published Jan. 18, 2016 )


So the fucking Kike wants to "Balance the U.S. Budget" by further robbing the 98% of retired workers, and those still currently working towards retirement? These are the very people who have had ~30% of each paycheck deducted over their lifetime to fund Social Security.

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[–] lemon11 1 point -1 points (+0|-1) ago 

30%? The SS payroll tax is 6.2% * 2 (employee and employer), so 12.4% of compensation, though would be slightly less as a proportion of total cost to the employer. And whatever they take out of income tax (I don't know how much) is small in comparison (this says 4% funding from income tax, 84% from payroll tax, in 2014).

It's all theft. Why defend one theft over another? Because it suits your ends?

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[–] KosherHiveKicker ago  (edited ago)

Remind me exactly where I am "defending one theft over another".

Additionally the "~30%" payroll deduction covers multiple Federal Taxes, and Programs. I just didn't break it down into a specific percent for SS.

The people who have paid, and are paying into the Social Security Program are doing so upon the agreement that when they retire from the workforce that they will receive a basic income security net from the Federal Gov. These workers are NOT stealing anything.