To: PigRigger
A problem with the logic is that they are using income during working years as a surrogate for wealth. It doesn't work that way. Just because you had a high income during your working years doesn't mean you have a high wealth during your retirement years, particularly with the high taxes we are paying these days.
To: Brilliant
"A problem with the logic is that they are using income during working years as a surrogate for wealth. It doesn't work that way. Just because you had a high income during your working years doesn't mean you have a high wealth during your retirement years, particularly with the high taxes we are paying these days."
Never said I agreed with what I stated, in fact I think it is a loser plan from the get go.
However, it doesn't matter what we think is right; Congress needs cash to fix this pyramid scheme and those who are earning higher incomes are going to pay for it. To Congress, whether higher income earners get their fair share is irrelevant; just so long as they take the poison without complaining is all that matters to them.
107 posted on
04/29/2005 4:59:36 AM PDT by
PigRigger
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