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Old 09-01-2011, 01:24 PM   #21
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Thanks for posting the article. That Trust Fund money was used over the last 30 years to fund a huge tax cut for the extremely wealthy of the country.
Yep, that's all it was used for. We didn't fight a few wars, we didn't spend a bunch of money in a "stimulus" program, nobody got any food stamps or government benefits. Every nickel of SS overpayments went to tax cuts, and every bit of the tax cut went to the wealthy.
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Old 09-01-2011, 01:41 PM   #22
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Yep, that's all it was used for. We didn't fight a few wars, we didn't spend a bunch of money in a "stimulus" program, nobody got any food stamps or government benefits. Every nickel of SS overpayments went to tax cuts, and every bit of the tax cut went to the wealthy.
Here's where the NYT says the money went over the past decade.
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Old 09-01-2011, 01:44 PM   #23
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Old 09-01-2011, 02:34 PM   #24
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Every nickel of SS overpayments went to tax cuts, and every bit of the tax cut went to the wealthy.
That's just not true. Everyone who pays income taxes received a tax-cut. percentage-wise it was all about a 10 percent cut. If you are a high income type person then your ~10 percent is more than someone who hardly pays any tax.

Percentage-wise the less-affluent people did better than the affluent.

It's just math.
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Old 09-01-2011, 02:37 PM   #25
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