Most of have expected this. Many folks daren't even think about this. Trump hints that there is a way to abolishing the income taxes!
(twitter.com)
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At a point after no income tax Social Security could be cut and revamped to take care of the most indigent reducing that cost too.
Thank God Trump is too smart to campaign on this idea
Id be happy to sacrifice my monthly SS of theyed just return the money i paid in with 7 percent interest compounded over 43 years. Everyone who has ever paid in ought to be paid back out at that rate. It's doable.
You never "paid in" to anything.
It is a scam, and always was.
They collect SS money and it goes into the same pile as other tax money.
Nothing is set aside for you or anyone else. There is no "lock box."
SCOTUS ruled back in 1939 that SS is a welfare program, not a retirement fund.
In fact, while FDR was promoting it as a retirement program to the public, his attorneys were arguing in the courts that it was a welfare program, because they knew that the feds have no constitutional authority to impose a retirement program in the States.