Quote:
Originally posted by wonderwench
cthulhu,
One more comment on what SS was never meant to be:
It was never intended to be The Retirement Plan for working Americans. It was never intended to result in a payroll tax that is at a higher rate than the original income tax. (The original income tax was only supposed to be assessed on The Rich).
As the old joke goes: "I was all for taxing the rich until I realized they were talking about me."
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I guess your use of caps in "The Retirement Plan" is supposed to mean "the end all, be all." When SS was passed, retirement plans, benefits and other concessions to workers weren't quite so common. SS was passed as a retirement plan for those without the means to support themselves. That is what is taught as historical fact. What was it if not that?