April 14, 2014
What No One Wants to Admit About Social Security Taxes
It’s a bummer when you see how much income tax comes out of your paycheck. But when you see that Social Security line item, do you think, “At least that’s going to pay for my retirement”?
The tax money you’re paying into Social Security today is going to fund today’s retirees. Who will pay for your benefits? The next generation of workers.
And the payout gets worse with each generation.
|An IRS Employee Urged People to Reelect Obama||Obama Picks Overseer of Government Shutdown Decisions for HHS|
- Can you name the five ways Obama’s foreign policies have failed?
- Want to know how much the Obamas and Bidens paid in income taxes?
- Imagine not being allowed to use social media. Here’s what one Cuban-American has to say about the “Cuban Twitter.”
The Heritage Foundation | 214 Massachusetts Avenue, NE | Washington, D.C. 20002 | (800) 546-2843