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To: djsherin

I don’t know what people are expecting here. There is no way we can pay the money due to people without a tax increase or a major cut in benefits. If I had to pay in for 40 plus years so some other schmoe can get a check then damn skippy I want it back.

Either that or let me out now and they can keep it and we’ll call it even.


9 posted on 07/29/2008 2:17:23 PM PDT by misterrob (Obama-Does America Need Another Jimmy Carter?)
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To: misterrob

A current tax increase will not solve future social security problems. A current tax increase will be spent currently.


11 posted on 07/29/2008 2:19:42 PM PDT by Daveinyork
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To: misterrob

I’d like out. The government sells SS as an insurance policy, but it’s a tax and as such what you pay in isn’t what you get out. It’s proportional from what I understand, but you pay for the current generation of beneficiaries, not for yourself. AND it’s forced, not a choice made by the person to whom the benefits and costs go.


12 posted on 07/29/2008 2:20:38 PM PDT by djsherin
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To: misterrob

I expect them to raise taxes, or change the terms IN 10 YEARS when out flow begins to exceed income. Until then, we could even CUT payroll taxes and come out better of.

Again, its to nobody’s benefit to tax more than is needed and wasting the excess on garbage programs. Raising Payroll taxes now just exacerbates the problem.


14 posted on 07/29/2008 2:22:09 PM PDT by DManA
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To: misterrob

I was told 30 years ago not to expect Social Security. I believed it then. Is still do.


19 posted on 07/29/2008 2:30:42 PM PDT by DManA
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To: misterrob
"There is no way we can pay the money due to people without a tax increase or a major cut in benefits."

Wrong. Private Accounts.

26 posted on 07/29/2008 2:41:14 PM PDT by Uncle Miltie (Bernanke is a Monetary Slut!)
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To: misterrob
There is no way we can pay the money due to people without a tax increase or a major cut in benefits.

Sounds like a plan to me.

49 posted on 07/29/2008 6:18:36 PM PDT by Sloth (A domestic enemy of the Constitution will become POTUS on January 20, 2009.)
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