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Forum Post: SS/Medicare cut a payroll tax ripoff

Posted 6 years ago on Dec. 9, 2017, 10:27 a.m. EST by agkaiser (2516) from Fredericksburg, TX
This content is user submitted and not an official statement

our SS and Medicare are prefunded by the payroll tax paid primarily by the poor who have no income tax liability because of low income. The trust fund has been borrowed and spent on crony contractor businesses and the privatization fraud. By cutting SS/Medicare benefits they're effectively defaulting on their debt to the most poverty afflicted people in America.

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