Fortunately for you, weâve got the details on Mark Labbettâs net worth for 2017. In 2017, Mark Labbettâs net worth was estimated to be $2 Million.
Bush ready to raid social security to fund tax cuts. THE faltering American economy could force American President George Bush to break one of his key campaign pledges not to use the country's abundant social security funds to finance other areas of government spending.
In 1935 Townsend handed in to President Franklin D. Roosevelt a petition supporting the Old Age Revolving Pension Plan that had been signed by over 20 million people. In response to the petition, Congress passed the Social Security Act. In 1933 Francis Townsend proposed a scheme whereby the Federal government would provide every person over 60 a $200 monthly pension. Townsend claimed that his Old Age Revolving Pension Plan could be financed by a Federal tax on commercial transactions.