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Old 11-08-2014, 04:09 PM   #1
xoxoxoBruce
The future is unwritten
 
Join Date: Oct 2002
Posts: 71,105
Quote:
Originally Posted by Big Sarge View Post
Income Tax will never be more than 3% of anyone's income: FDR

Social Security will be in a trust fund and cannot be spent by the government: FDR
You're just spouting bullshit now.
When the income tax started in 1913 the top rate was 7%.

Quote:
There has never been any change in the way the Social Security program is financed or the way that Social Security payroll taxes are used by the federal government. The Social Security Trust Fund was created in 1939 as part of the Amendments enacted in that year. From its inception, the Trust Fund has always worked the same way. The Social Security Trust Fund has never been "put into the general fund of the government."
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