To: trumandogz
Anyone under the age of,say,60 who thinks that their retirement will even remotely resemble that of their WWII-generation parents
needs to have his/her head examined.Within the lifetime of all such people “Social Security”,as we know it today,will cease to exist.In it’s place an entity will be created...and most likely called “Social Security”....that will be 100% means-tested thus making it a form of welfare and enraging those of us who were stupid enough to save for our retirements.
39 posted on
10/15/2007 2:54:58 PM PDT by
Gay State Conservative
(If martyrdom is so cool,why does Osama Obama go to such great lengths to avoid it?)
To: Gay State Conservative
The dims want a universal program, thus no direct means testing. However, the dims want indirect means testing through raising the FICA tax limit, increasing taxes on dividends and capital gains, and increasing taxes on social security payments. After paying FICA taxes many years, you can look forward to pitiful benefits reduced by taxes on the benefits. Those benefits are just a return of the FICA taxes confiscated many years ago.
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