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The essential nature of Social Security accounting is such that FICA tax is unrelated to FICA spending. At the moment, much of your FICA tax is spent on genera
by higher 16y ago
The essential nature of Social Security accounting is such that FICA tax is unrelated to FICA spending. At the moment, much of your FICA tax is spent on general fund items. In the future, much of your income tax will be spent on FICA items.
- 2arrs2ells 16y agoThanks for explaining!