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Response to WCGreen (Reply #14)

Tue Jan 1, 2013, 10:18 PM

37. Not true

The amount you put in has a relationship to what you get because congress decides it does. Congress could eliminate social security tomorrow, and no one would get any of their contributions back. Social Security is not considered a federal debt, and doesn't have the standing of a debt -- this has been litigated extensively by the Roosevelt administration.

As such its a wealth transfer tax -- perfectly legal, and I support it, but its not some sort of savings account.

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