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Social Security Insanity Syndrome

Honest question:

How can current social security benefits ‘belong’ to the retired, but taxes being collected currently not be ‘belong’ to those paying it in?

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3 Responses to “Social Security Insanity Syndrome”

  1. bobby_b says:

    Think of a chain letter.

    If you’re one of the first participants, you get a letter in the mail with $20 in it. You can hold it in your hand. It “belongs” to you.

    If you’re one of the later participants (say, #150 through #98,329), the letter never shows up. You have nothing in your hands. Nothing “belongs” to you.

  2. PolicyGuy says:

    You’re obligated to pay Social Security taxes, but you have no property rights to benefits. See Nestor v. Flemming (US Supremes).

  3. Andy says:

    I thought this was one of them rights that was in the constitution?