4 ms·

I didn’t think payroll taxes were hypothecated in the US?

• legitronics 8mo ago
  In general, no they aren’t. But there is the social security tax, which is individually tracked and collectively allocated for that office. And the Medicare tax which goes off directly to that program. These two constitute a major component of money going into the system.
• nickff 8mo ago
  There was a time when that was the intent, but it doesn’t really matter anymore, as there are not enough payroll taxes to cover the programs anymore.