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 Taubeof OH9:55AM June 17, 2009
To figure out which ones you got wrong, just change your answers until you get them all right!
Katieof LA1:47PM June 16, 2009
Which ones did I get right? Useless score if it doesn't give that.
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Larry Lorenzoni of CA 4:19PM June 19, 2009
Gary Taube of OH 9:55AM June 17, 2009
Katie of LA 1:47PM June 16, 2009
Jeanie Jones of TX 12:47PM June 16, 2009