To: Bigun
They should cancel the Earned Income Tax Credit which is promoted by the left as a rebate of the payroll taxes. It makes no sense to rebate payments into a pension/retirement system yet not decrease their future claims on Social Security and Medicare. They get the same credit for quarters worked even if they don't pay in the tax.
The other thing is that with Medicare premiums growing 10 to 15 percent per year it's only a matter of 10-20 years where retirees pay a quarter or more of their Social Security check just to keep Medicare.
10 posted on
10/25/2003 7:16:39 AM PDT by
lchoro
To: lchoro; Principled
Everything you have said is true but half measures or no longer in order. The ONLY long term cure is the one suggested by the poster Principaled. Get them OUT of our paychecks entirely!
14 posted on
10/25/2003 12:10:23 PM PDT by
Bigun
(IRSsucks@getridof it.com)
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