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re: 56% of GOP voters want govt to pay more in monthly SS benefits/medicare
Posted on 5/17/24 at 11:46 am to David_DJS
Posted on 5/17/24 at 11:46 am to David_DJS
quote:
Participants are entitled to SS checks (loan repayments)
The Citizen is the bank. It gave money to the Gov (loan) with the Gov stating this:
quote:
Section 201. (a) There is hereby created an account in the Treasury of the United States to be known as the Old-Age Reserve Account hereinafter in this title called the Account.
SEC. 202. (a) Every qualified individual (as defined in section 210) shall be entitled to receive, with respect to the period beginning on the date he attains the age of sixty-five, or on January 1, 1942, whichever is the later, and ending on the date of his death, an old-age benefit
The terms of the Loan from the US Citizen to the US Gov.
quote:
we are borrowing money to the federal gov't when we pay social security taxes?
Lending it... very much so.
quote:
And if that analogy is solid, how is it different from me borrowing money other ways I pay taxes
Name the act that says the Federal Gov agrees to take your money and give you, as an individual, anything that you will take ownership of.
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