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Political Factoid
If the Social Security and Medicare payroll
taxes are completely eliminated,*
then the Social Security and Medicare
programs will run out of money even faster.
This is not rocket science,
but it still may be too complicated for some people.
| * |
The 2011 budget "compromise" was a start -
when it reduced the payroll taxes that
pay for Social Security and Medicare.
|
cf.
777,
869,
118,
121,
1713
|
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-30-
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