 Monday, August 27, 2001
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Terence R. Wilken writes in the new issue:
"We all know that social security is the third rail of politics. Why is this? It is a government program where the government taxes its citizens that work in order to pay its citizens that do not work. In order to generate the "revenue" (do not call it taxes, as that will give it a bad name) it takes the money out of your salary. You only have to pay about 8%, but your employer also coughs up 8%. That means that it takes 16% of your income to pay those who do not work."
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