MAKE NO MISTAKE: The Payroll Tax FUNDS Social Security and Medicare. TODAY, trump just promised to DEFUND them.

had a good chat with my brother in law. It is a total police state. $1600AUD fines for being out and about without your papers. Cops everywhere. Road stops. Total economic shutdown. Worse than I’ve heard from anywhere yet. Not fake news

Social Security and Medicare are not taxes! They are deductions that will fund your retirement. It's your own money first and foremost that will give you a monthly income when you retire from the workforce.

Biden will only be president in your dreams.

Who has been instilling all this false info out there about payroll taxes and Social Security/Medicare. They are not one and the same.

For instance, if Trump ever did away with all payroll taxes, Social Security will still be deducted from your paycheck because it will FUND YOUR RETIREMENT after you quit working.

Once you apply for Social Security, you will receive a monthly payment for the rest of your life, along with Medicare.

Now do you understand that Social Security is not a payroll tax?

It's funny. You all hate zoomers but when they get refunded you cry cause Trump did it...gtfo with your bullshit

Defund welfare boy




MAGA last stand

It was NEVER funded.

READ the Social Security Act of 1935. They told you from the beginning there is NO TRUST FUND. A trust fund is never mentioned in the SS ACT.
It is called a trust account in which is recorded your contributions. This was not said but I believe the only reason they keep account is to make sure you pay all they determine you owe.
The ACT says all taxes collected will be deposited in the general fund as IRS tax receipts.
In a decision after the year 2000 the United States Supreme Court determined the Social Security Administration has no contractual obligation to pay any funds to anyone. The ACT is NOT an insurance policy. The funds are collected to increase revenue. If you don't believe me then read the very first paragraph of the act where it explicitly states and I quote 'to increase revenue'. The first paragraph goes on to state and I quote 'and for other purposes'. Do you think Congress can think of other purposes to spend the money?
When you realize the general fund of the United States is an IMF account in a bank in Puerto Rico then you will realize we have been lied to since 1935 at the latest. Anyone who claims there is a SS Trust Fund is either uneducated or bald face lying to you.
Each state SS administrator tells Congress how much money the state is going to need for the next year and Congress appropriates it out of the general fund for the next year.

Uh, no to you paying for your eventual SS payments.

READ the Social Security Act of 1935. They told you from the beginning there is NO TRUST FUND. A trust fund is never mentioned in the SS ACT.
It is called a trust account in which is recorded your contributions. This was not said but I believe the only reason they keep account is to make sure you pay all they determine you owe.
The ACT says all taxes collected will be deposited in the general fund as IRS tax receipts.
In a decision after the year 2000 the United States Supreme Court determined the Social Security Administration has no contractual obligation to pay any funds to anyone. The ACT is NOT an insurance policy. The funds are collected to increase revenue. If you don't believe me then read the very first paragraph of the act where it explicitly states and I quote 'to increase revenue'. The first paragraph goes on to state and I quote 'and for other purposes'. Do you think Congress can think of other purposes to spend the money?
When you realize the general fund of the United States is an IMF account in a bank in Puerto Rico then you will realize we have been lied to since 1935 at the latest. Anyone who claims there is a SS Trust Fund is either uneducated or bald face lying to you.
Each state SS administrator tells Congress how much money the state is going to need for the next year and Congress appropriates it out of the general fund for the next year.

How old is Trump?

If Biden proposed this they would be buying the tools already to put his mug on Mount Rushmore.