That is just the problem, your perception of the "truth" & the "Facts" I Repeat the "Facts" are factual and over look them. All you do is parrot what you are told by your Pseudo Liberal Democrat handlers and Remember I am a Registered Democrat not a Pseudo Liberal Democrat and you prove that you take and believe in everything that those Pseudo Liberal Democrat Bigots tell you which are a Useful Idoit for them and Obama wants to Cut Social Secuirty Benefits by associating them with the CPI, The Consumer Price Index so when tanks even more Social Security Benefits will Be reduce drastically and for it in his 2014 Budget better wake up the Federal Government can do anything they want when you choose to be a dependent of the Federal Government so suck it up.<quoted text>
That is just the problem, your perception of the "truth" is far from factual. All you do is parrot what you are told by your handlers.
Seniors would see smaller Social Security checks under Obama budget
By Tami Luhby
April 10, 2013: 4:50 PM ET
The Social Security Tax
NOVEMBER 01, 1955 by CLARENCE MANION
U.S. vs. Butler, 297 U.S. 1; Stewart Machine Company vs. Davis, 301 U.S, 548; Helvering vs. Davis, 301 U.S. 619.
All federal taxes, income taxes, estate taxes, gasoline taxes, and social security taxes, go indiscriminately into the same general fund of the federal treasury. From that general fund, Congress makes periodic appropriations for all the purposes of the federal government, including payments for social security benefits.
Congress could continue to collect the so-called social security pay roll taxes even though Congress discontinued all social security benefit payments. Congress could wipe out the social security pay roll taxes and yet continue to pay all present social security benefits out of the general tax receipts of the federal treasury.
Any apparent connection between the collection of social security pay roll taxes and the payment of social security benefits is purely coincidental. The Supreme Court has held that Congress is without Constitutional power to establish such a connection. For this reason, the so-called Federal Old Age and Survivors Insurance Reserve Fund is actually nonexistent. The legal illusion of such a fund was conjured up to dissolve popular resistance to one of the most cruel and unjust systems of taxation ever imposed upon the American people.
The fraud of the great deception is the deliberate and official misrepresentation of social security taxes as payments of insurance premiums for the right to get back specified benefits at a specified time. There is no such right. The government is under no contractual obligation to make any return payment at all. From the very beginning, the Social Security Tax Act has carried this provision:The right to alter, amend, or repeal any provision of this act is hereby reserved to the Congress.