To: Eric Pode of Croydon
What I particularly like is the position that Christie is taking. The sense that high income earners in retirement should have their benefits taxed to zero. Among the great inconsistencies of the SS mess, that is my favorite. Perhaps it wasn't Christie, but then it would likely have been Warren in some early stage of her career who probably intoned that SS was some form of "sacred social contract" with retirees, that one paid in to the system while working in order to receive benefits in retirement. Well, OK, not for rich folks.
To: Wally_Kalbacken
So basically, not only will people who work hard and have success get taxed at a much higher rate, but then, when it comes time to collect, won’t get anything? The super rich won’t care, but the just over the line folks will get gypped big time. That decreases incentive to produce. It also penalizes savers who save and invest and have something left for their own retirement. This scheme is meant as just another money grab. What they need to do is not give it to people who have not paid in and especially not give it to illegals.
8 posted on
05/28/2015 5:17:44 AM PDT by
Bookwoman
("...and I am unanimous in this...")
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