@Kamaji
Uhhh,I paid into SS for over 50 years bubba,and the deal was I would get a retirement check for paying into it.
What sort of diseased mind would see that as "welfare"?
@sneakypete Boy did you let yourself get taken for a ride.
Do you routinely fail to read the small print?
Show us your contract, your agreement.
You can't. You paid an additional tax on your income - read the god-damned statute, for once in your life - you didn't pay for a retirement pension. And the checks you get - those aren't coming out of a pension annuity you paid for - those are cash payments coming out of general revenue funds, and are welfare payments - payments intended to maintain your welfare.
I'm sorry, but I'm really getting sick and tired of people claiming that they bought something with the income tax they paid and to which they're entitled upon retirement.
This what the social security tax says:
IRC 3101(a) "In addition to other taxes, there is hereby imposed on the income of every individual a tax equal to 6.2 percent of the wages (as defined in section 3121(a)) received by the individual with respect to employment (as defined in section 3121(b))."
"[T]here is hereby imposed on the income of every individual a tax ..."
How much more blindingly obvious can it get that this is just another income tax, a regressive income tax imposed on wages?