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To: leadpenny
2) Lift the cap on FICA contributions (currently in the $80,000+ range) so we all can go down the path of complete socialism together.

While I agree that lifting the cap would be a stupid idea it is not a potential "solution". The amount of revenue it might raise is meager in comparison to the amounts needed if there isn't a basic, fundamental restructuring.

The only pols out there talking about this idea are the dedicated class warriors (e.g. Teddy).
8 posted on 01/16/2004 5:50:21 AM PST by G L Tirebiter
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To: G L Tirebiter
It's not a stupid idea as long as we're going to keep the system. The cap is arbitrary and unfair to the middle class (me). I don't care what fat Teddy thinks.
10 posted on 01/16/2004 6:20:56 AM PST by leadpenny
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To: G L Tirebiter
Besides, Fat Teddy and the rest of congress reach their cap half-way through the year. If I gotta pay the 12.4% on all my income, why not Teddy? (If we keep the system)
12 posted on 01/16/2004 6:28:07 AM PST by leadpenny
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