- Credits
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Indeed, I gladly accept my monthly Social Security check. Not a single taxpayer dollar goes to Social Security. FICA is the Federal Insurance Contribution Act. My Social Security Check is an annuity, no different than an insurance annuity from State Farm, paid for by premiums deducted from my paycheck and matched by my employers.And yet I am sure that you gladly accept your "SOCIAL SECURITY CHECK" and depend on it as part of your retirement. So I would suggest that you should not point fingers at others about socialism as you yourself have accepted it if you draw a Social Security check.
However, Medicare is different. Medicare is welfare for old people. Only Part A, in patient hospital care is fully funded by employee/employer contributions. Part B is 70% funded from general revenue. Part D is fully funded from taxpayer dollars.