acrimony (countable and uncountable, plural acrimonies) A sharp and bitter hatred. [quotations â¼] Her acrimony for her neighbors manifests itself with shouting and stomping. 1826, Mary Shelley, chapter 12, in The Last Man: In her resentful mood, these expressions had been remembered with acrimony and disdain; [...].
The Social Security Amendments of 1983 laid the foundation for 30-years of federal embezzlement of Social Security money in order to use the money to pay for wars, tax cuts and other government programs. The payroll tax hike of 1983 generated a total of $2.7 trillion in surplus Social Security revenue.
Social Security is designed to provide retirement support for American workers who pay into the system. It is funded through FICA taxes (FICA stands for the Federal Insurance Contributions Act). The Social Security Administration levies a 12.4% tax on earnings (6.2% is paid by you, and 6.2% is paid by your employer) to fund Social Security benefits. There's a good deal of confusion surrounding Social Security and how this vast program works, so let's go over the basics that every American should know.