Reply #61: Really?

[nancyharris]

If you are indeed a lawyer then you should be perfectly aware that the surplus Social Security has been funneled into the general fund since it was first enacted. This has spanned both Democratic and Republican administrations and control of Congress. You should also be aware that the surplus money (like all general fund money) is ALSO used to support a myriad of social programs that would never be funded without that tax source.

If you are indeed a lawyer you surely have some understanding of the Social Security tax burden currently levied on small business that is equal to the SS tax paid by all of their employees combined – AND they receive NO benefits. This is the epitome of regressive taxation. At least when you retire you will get some return on your SS insurance payments. The small business owner pays 25 times what you pay and receives NOTHING in return.

BTW – the insolvency year for SS is 2013 – and it has and it has nothing to do with general tax rates.