Social Security: Fact and Fancy

Contrary to popular belief, social security is not a form of insurance but a form of relief, its payments not a premium but a tax. It is inequitable in its benefits, discriminatory as to who receives them. It is, in short, concludes Dillard Stokes, a fraud. In this book a leading tax expert makes a thoroughly documented analysis of every provision of the Social Security law. Examining documents and case histories from government files which have long been kept secret, Mr. Stokes feels the evidence is clear that the Social Security most of us believe in has been quietly destroyed. We no longer have a self sufficient system for self sufficient people. Equity is no longer the guiding principle. The administrators transformed Social Security into a European type, universal pension scheme, and in so doing deliberately made it an instrument for the redistribution of property. Dillard Stokes is strongly in favor of a social security program, and he outlines a sound, truly equitable plan whereby Social Security can be restored to a fair and honest system. "This book is a challenge of both the theory and practice of Federal social insurance in the United States. It should be studied not only by our administrators and legislators but also by all citizens, employers and employees who pay the tax for this gigantic system."