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amdx[_3_]

On 10/26/2014 9:51 AM, wrote:
On Sun, 26 Oct 2014 08:51:03 -0500, amdx wrote:

On 10/25/2014 8:54 PM, wrote:
On Sat, 25 Oct 2014 19:49:18 -0500, amdx wrote:

FICA is a retirement and disability payment, it does NOT count.

Since 1968 FICA is just another income tax, intermingled with the
other revenue in the budget.

That may well be, but the fact is, it is a disability and retire fund.
You pay into it and you get a check sent to you.
It is not like an income tax where you pay in and people that don't
pay in get a welfare check sent to them.

Mikek

I guess you never heard of SSI but the reality is that FICA has been
"on budget" since 1968 and the government has spent the surplus for
pretty much anything they wanted. Now it is a distinction without a
difference since FICA does not even cover the checks they write.

I understand that. It is the line that liberals use about taxes, when
it is said that 47% don't pay income taxes, "Oh, but they pay payroll
taxes" meaning FICA, that is for their disability and retirement
program. It is not an income tax it is a disability and retirement
program.
Ok, nuff said, you look at it your way, I'll look at it my way.
Mikek