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To: KriegerGeist
I heard it said (or read it somewhere) that is all of the FICA withholding taxes had been put into an interest savings account [seperate form general funds] that Social Security and Medicare would not be nearly as bad off as it is...even though Galveston, Texas has an even better proven system when they opted out.

Yes, but if they did that Social Security wouldn't be able to pay out to people who didn't pay in.

4 posted on 10/23/2008 8:52:12 PM PDT by supercat (Barry Soetoro == Bravo Sierra)
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To: supercat
at this point in US history, it would appear that every tax is just another layer of paper to prop up the house of cards played at level of gov...

the beast has simply become self destructive to its own appetite...

5 posted on 10/24/2008 4:05:56 AM PDT by Gilbo_3 ("JesusChrist 08"...Trust in the Lord......=...LiveFReeOr Die...)
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