Sean Hannity calls Social Security “a bad Ponzi scheme”
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Sean Hannity calls Social Security "a bad Ponzi scheme"
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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.