Current social security taxes go straight to current social security stuff. Its a paygo system. It used to be something like 15 wage earners per current social security recipient, but as of when I last read up on it, that was down to 3 to 1 and continuing to slide towards the red.
The first social security recipient paid in like $15 before returning and then collected like $20k or something before dying.
Current social security taxes go straight to current social security stuff. Its a paygo system. It used to be something like 15 wage earners per current social security recipient, but as of when I last read up on it, that was down to 3 to 1 and continuing to slide towards the red.
The first social security recipient paid in like $15 before returning and then collected like $20k or something before dying.