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re: If social security is doing so great why do we now need myRA?
Posted on 12/28/14 at 3:40 pm to SpidermanTUba
Posted on 12/28/14 at 3:40 pm to SpidermanTUba
quote:Yet you claim to be a PhD? That claim smells to high heaven.
Yep.
In 2013 Social Security paid $812,259,000,000 in benefits.
Payroll tax contributions were $726,217,000,000.
Therefore, 89.4% of of the money used to pay benefits in 2013 came from tax contributions in 2013. I think 89.4% qualifies as "most"
1
Posted on 12/28/14 at 3:45 pm to NC_Tigah
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