First there are no trust funds. All SS revenue goes into general revenue in exchange for treasury bonds that are repaid with general revenue funds. Do the algebra.
Second, the article states: "It was designed to provide extra income to lower-income groups at the expense of those with higher incomes" This is a bold faced lie as taxable income is capped so high incomes do not pay SS tax on income above the cap.
Recommend the author be confined to a nursing home for dementia.
Gary Taube
of OH
@
Jun 17, 2009 09:55:59 AM
just change your answers
To figure out which ones you got wrong, just change your answers until you get them all right!
Katie
of LA
@
Jun 16, 2009 13:47:07 PM
My Test
Which ones did I get right? Useless score if it doesn't give that.
Larry Lorenzoni of CA @ Jun 19, 2009 16:19:17 PM
Gary Taube of OH @ Jun 17, 2009 09:55:59 AM
Katie of LA @ Jun 16, 2009 13:47:07 PM
Jeanie Jones of TX @ Jun 16, 2009 12:47:45 PM
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