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Old 11-05-2004, 10:59 AM
Ozek Ozek is offline
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Originally Posted by raytri";p=&quot View Post
We're part of the problem too, Neonimbo, because we keep telling our politicians that we want tax cuts AND increased services.
I don't want tax cuts or increased services. Maybe I'm just different. I don't mind a bit the amount of federal taxes that I pay, and if my pay were to double I wouldn't mind then either. What I do want is less spending. Stop giving corporations money to do things. Stop giving piles of cash to Egypt and other countries. Cut every federal program across the board except for homeland security by 5%. That right there will suck for a lot of people but will save trillions. Stop putting little lines in bills like 'build a 30 million dollar airport here so I can land my jet'.

What I mind paying is my property tax, and my social security tax. Social security tax is the worst because it is estimated that for every 1 dollar you give them today, they hold it for 30-40 years, then give you back 70 cents. That is not fair, ethical, smart, efficient, logical, fiscal, and on and on and on. And don't forget that your employer is also giving them a dollar too and getting zero back in return.

Alan Greenspan has said numerous times that the current system will fail. Privitization is an answer, maybe not the answer, but it will help. A guaranteed 2% gain per year (US treasury bond) is better than a negative 1% gain per year. The government has STOLEN from the system and now it's time to pay it back. Tough cookies. Cut spending and get it done during the transition, and make it so the new system is untouchable, via an amendment to the consitution (it's the only way to force them to never ever touch the money.)

I fully expect that the government will increase social security taxes that your employer has to pay, which will hurt small businesses. But most people won't notice or care since they won't see it effect their check.
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