this post was submitted on 04 Jan 2024
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-42
The future of Bidenomics: You pay Social Security tax on all of your income? (www.foxbusiness.com)
submitted 11 months ago by [email protected] to c/[email protected]
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That’s a hard pass for me. I’d rather opt out of social security. It’s a ponzi scam. If the government had put that into a private account, I’d have millions of dollars in there.

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[–] skydivekingair 7 points 11 months ago (1 children)

The difference between Social Security and a Ponzi Scheme is the Ponzi lures people in with promises of high rate of return. Social Security is involuntary and promises flat returns (not even rate since deduction amounts are different based on earnings).