Tuesday, August 13, 2024

Steve’s Barking; How to kill Social Security

 It’s come to my attention that the politicians in the United States want to kill Social Security. They don’t say it outright but 45 and the present VP are saying that we shouldn’t pay tax on Social Security. Hell no one likes to pay taxes, but that was the President Reagan administration way of keeping my social security solvent, even though there had to be in the Clinton administration tax even higher the workers that was put into the social security system. Now we’re running short on cash in the system right that we are taking money from the general funds to pay the interest on the social security bonds. So for the short term those who have other income will not have to pay tax on their social security depleting the funds faster then anticipated and only getting 70 cents on the dollar that was excepted.

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My reading of the tax on social security goes right back into the system 

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