The Looting of Social Security: Pre-taxing the Baby Boomers

On April 20, 1983, one of the most significant developments in the history of Social Security legislation took place with great fanfare. It was the signing ceremony for the Social Security Amendments of 1983, which President Ronald Reagan called landmark legislation. The author says it laid the foundation for what was to become one of the greatest frauds ever perpetrated against Americans by the government.