cryptoanarchy.wiki

Arise, you have nothing to lose but your barbed wire fences!

1996-08-20 - Re: US Taxes on X-Pats (getting off topic)

Header Data

From: Alan Horowitz <alanh@infi.net>
To: Stephen Cobb <stephen@iu.net>
Message Hash: d4c77ca7d4ec46a3f810c4f2f58f756ff7e294fd69ca69115ca77f897a2abaf2
Message ID: <Pine.SV4.3.91.960819172944.22993I-100000@larry.infi.net>
Reply To: <1.5.4.32.19960819135353.009e0510@iu.net>
UTC Datetime: 1996-08-20 01:14:40 UTC
Raw Date: Tue, 20 Aug 1996 09:14:40 +0800

Raw message

From: Alan Horowitz <alanh@infi.net>
Date: Tue, 20 Aug 1996 09:14:40 +0800
To: Stephen Cobb <stephen@iu.net>
Subject: Re: US Taxes on X-Pats (getting off topic)
In-Reply-To: <1.5.4.32.19960819135353.009e0510@iu.net>
Message-ID: <Pine.SV4.3.91.960819172944.22993I-100000@larry.infi.net>
MIME-Version: 1.0
Content-Type: text/plain


It sounds unfair, for sure. However, the whole thing is a fraud based 
upon a myth. FICA witholding is NOT credited to an individual's account, 
or even to Social Security benefits in general. By statutory law, all 
such receipts go into the Treasury's general fund.

So, they are NOT "social security contributions". Period.

Thread