The Motley Fool Discussion Boards

Previous Page

Retirement Discussions / Retired Fools


Subject:  Re: Obama on payroll tax Date:  6/18/2008  5:31 PM
Author:  SeattlePioneer Number:  13498 of 20791

<<No problem --- I'm sure Democrats will be glad to provide a procedure for imputing credit for Social Security benefits for those who never paid taxes as a part of "Comprehensive Immigration Reform."

The last I knew you had to pay into social security for 40 quarters (10 years) to be eligible for social security retirement. Tell me where you get that "never paid in" statement.


Never discount the creativity of politicians who are giving someone else's money away.

<<WASHINGTON -- "We might be on the cusp of giving billions of dollars worth of our senior's Social Security money to illegal Mexican workers, and it's getting almost no media attention whatsoever," warned Brad Phillips, a spokesman for TREA Senior Citizens League, one of the nation's largest nonpartisan seniors groups with 1.2 million members.

TREA Senior Citizens League filed a Freedom of Information Act (FOIA) lawsuit in U.S. District Court Thursday morning - after what the group styled as "numerous refusals over three years by the U.S. Department of State and Social Security Administration to provide a draft of - or virtually any pertinent information regarding - the impact of the Totalization Agreement with Mexico on the U.S. Social Security Trust Fund."

The Totalization Agreement could allow millions of illegal Mexican workers to draw billions of dollars from the U.S. Social Security Trust Fund. The agreement between the U.S. and Mexico was signed in June 2004, and is awaiting President Bush's signature.

Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us