On Thu, 27 Nov 2008 14:12:05 -0800, "Jeff Strickland" <crwlr@[EMAIL PROTECTED]
>
wrote:
>But, none of your argument sup****ts the suspension of FICA as a means of
>stimulating the economy, and it does not change my argument that FICA
taxes
>are a direct benefit to those that pay them -- assuming Social Security
>lasts long enough for people to collect after paying in for a lifetime in
>the work force.
>
What connection is there between the FICA tax and the payment
of Social Security?
They are completely independent of one another.
Note that the SS payments exceed the FICA tax collected. How is that
possible? Simple. There is no connection between them.
(Well, ok, there is a political-psychological connection.)
Before you try to discuss this, take a little time to read Mark Adkin's
explanation of trust funds.
"How Government Trust Funds Really Work"
http://frontal-lobe.info/adkins.html
Mark wrote that essay several years ago. I thought I had called
attention to it earlier here but may have misfired the post.
Mason Clark
*Greater America in the Age of Rebellion*
http://frontal-lobe.info/greateramerica.html
-- many excerpts you can see --
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