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Dave says

(5,496 posts)
5. Absolutely it will--if we maintain the political will
Thu Jun 11, 2026, 08:57 PM
Jun 11

It might not pay 100% of the benefits we receive today, but tomorrow’s workers can continue to pay FICA tax. Those funds will be used in turn to pay retired and disabled workers their well earned benefits. Federal income taxes are not used.** Unless the Repubs plan to steal that, too? It’s possible.

Of course, I guess we can have 100% unemployment in 2036. If that happens it’ll be pitchforks and guillotines for those who made it happen. And we’ll levy a substantial wealth tax on those that remain.

(No wonder the trillionaire class are building bunkers and buying private islands for themselves. What are these vampires planning?)

It’s an inter-generational compact. Workers pay the retired generation, who paid benefits to the generation that retired before them. When current workers retire (or are disabled), the generation behind them will pay benefits to them. That’s how it works—unless the Repubs intend to destroy that compact. Why? It’s the cruelty, isn’t it? Sadistic vampires.

**FIT is used to repay what was borrowed from the Social Security Trust fund, which belongs to workers, under taxed billionaires and millionaires. I can see the latter reneging on their obligations. But there still is the flow of FICA taxes from workers to the retired and disabled. It better be hands off of that!

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