Posted on 02/27/2005 12:59:54 PM PST by wagglebee
Can't argue with that.
Social Security reform ping.
May I suggest another approach for the Dems. Simply subsidize lifestyles that will result in reduction of average lifespan to around 67 years.
How about:
1. Legalize gay marriage.
2. Decriminalize and eventually legalize narcotics.
3. Legalize prostitution.
4. Uh... never mind, I think they already got the memo.
My prediction: There will be a new 1% tax on individuals and employers that will be controlled and owned by the taxpayer. That will be to mollify those who want personal accounts. They will also raise the wage cap a little, probably to $100k. Then they will raise the age at which you can start early retirement. They will then claim that they have saved sosacurity forever.
If you would like to be added to this ping list let me know.
John Linder in the House(HR25) & Saxby Chambliss Senate(S25), offer a comprehensive bill to kill all income and SS/Medicare payroll taxes outright, and provide a IRS free replacement in the form of a retail sales tax:
H.R.25,S.25
A bill to promote freedom, fairness, and economic opportunity by repealing the income tax and other taxes, abolishing the Internal Revenue Service, and enacting a national retail sales tax to be administered primarily by the States.Refer for additional information:
Wouldn't be surprised to find this little exercise results in a tax increase. Personally I am really tired of getting taken.
Euthanasia is how they plan on dealing with it.
Strong candidate for understatement of the year award in my book!
(The non-final solution?)
/The Clockwork Orange..........the British 'are' coming?
/Sarcasm in the 'Public Schools'.....
/Columbine?
IMO an effective marketing tool would be a Times Square lighted sign with the trillions getting ever larger every day....saying "look how much it's costing us to wait"
socialism security bump
read later
Social Security should be kept as is for anyone over 50 and after that it should be cancelled. Then workers should have the option of putting away 7 per cent of their income with a company and government match going into a mutual fund or index fund.
How about giving everyone the option of keeping same or switching?...
What happens, BTW, to all the $ I've put in if we switch???
You lose it. YOu would have lost it anyway. Congress has used it in the biggest ponzi scheme ever devised.
I agree we could give people the option.
If you look at what the stock market had done over ANY 15 year period (based on a 50 year old retiring at 65) in the last century, even a 50 year old would benefit from privitization. The stock market over any considerable period is a very sound investment and produces significant returns; in contrast, the 'Rats Ponzi scheme has barely covered inflation.
http://www.djindexes.com/mdsidx/index.cfm?event=showAverages
I am 58. If I had been putting my SS tax in investments since I began working, I would have millions.
You might find this interesting.
https://www.benchmarkinvesting.com/DowReturns.asp
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