Sean Hannity calls Social Security “a bad Ponzi scheme”

Written by Media Matters Staff

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Sean Hannity calls Social Security "a bad Ponzi scheme"

Hannity in front of audio waves

From the July 31, 2024, edition of Premiere Radio Networks' The Sean Hannity Show

SEAN HANNITY (HOST): But generally speaking, there's a tax of up to 50% on one's Social Security benefits if total income is between $25,000 and $34,000. That's not a lot of money. Up to an 85% tax on benefits when income is over $34,000 according to the Social Security Administration.

I mean, you're not even getting your benefits. This is money you paid into the system, and they're basically stealing it from you because unless you live to a 100, you know, how how much of your own money are you ever gonna get back? It's sort of like a bad Ponzi scheme.