"Bill McKee" wrote in message
ink.net...

"Jim," wrote in message
...
Bill McKee wrote:

"DSK" wrote in message
...

I will detail how the government spends the SS tax money because you
aren't smart enough to figure it out yourself.

1) The government extracts 15% of my income and puts it into the
"Social Security Trust Fund".

Bull****. SS taxes are nowhere near that high. Why do you have to lie to
try and make a point?


2) The government takes my 15% and gives the "Social Security Trust
Fund" an IOU in the form of a Treasury Note or Bond.

Uh huh. So a Treasury bond is just "an IOU"? I guess a $20 bill is just
a green piece of paper?



3) My 15% is now in the general account of the government.

No more than your neighbors mortgage payment is in your checking account
if you use the same bank.


4) The government blah blah blah (snipped)



John H wrote:

That last statement isn't quite fair. DSK is one of a kind.

Not really. The group that I belong to is called "smart people who have
boats." We prefer facts to illogic & bull****.

DSK



How much is the Social Security tax (FICA)?

Look at your paycheck or check www.socialsecurity.gov

I know what it is, but I want DSK's opinion. And if you look at your
paycheck, how much is your real FICA?

Looks like jimmycomma is another one of those simpletons that can't
comprehend the true rate of taxation of FICA.