Dear RobFromGa,
"But they are unwilling to MAKE SURE that Income Taxes are DEAD before instituting a NRST. So, they are trusting the very politicians they say we can't trust."
Yes, that's true.
But even worse is the assumption that the politicians that can't be trusted with the income tax can be trusted not to manipulate the NRST. Yeah, right!
"You have made many good points on these threads. I agree with you that the Expense side of the Tax ledger is where the most imminent crises are, starting with SocSec."
Thanks.
"I think that this is Priority #1 as well, but this effort has lost steam unfortunately."
I wish the folks with all this NRST fervor would wake up and realize that our country is on-track for one really outrageous economic trainwreck if we don't fix Social Security, and pretty much fix it now.
In fact, we're going to have the trainwreck, at this point, no matter what we do. The only thing we can do is take steps to have the collision take place at lower speeds, so that our economy isn't destroyed by the wreck.
I wish Messrs. Linder and Boortz had written a book about a way to privatize Social Security so that folks would be able to take all that dough and put it toward building up their own financial assets, their own retirement nest eggs, rather than feeding it in to a grand Ponzi scheme.
Of course, in Social Security reform, there is no free lunch, and for my generation and one or two generations after me, there will be some pain.
Oh well.
sitetest
"I wish the folks with all this NRST fervor would wake up and realize that our country is on-track for one really outrageous economic trainwreck if we don't fix Social Security, and pretty much fix it now."
While we are wishing, I wish that all the FairTax bashers would realize that maintaining Social Security on a payroll tax base ensures the trainwreck that you are concerned about. Privatization actually makes the insolvency problem worse in the near term.
There is only one proposal that I am aware of which takes the Social Security system off its dependency to payroll taxes.