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Old 02-14-2005, 05:19 PM
bktx1 bktx1 is offline
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Default How to pay for the Social Security Transition?

raise the ceiling on eligible wages from $90k to $250K. The payroll tax is extremely regressive; why not let everyone "feel the pain?"

Going into debt only hurts everyone, but especially the poor. Inflation is a regressive tax.
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Old 02-14-2005, 07:05 PM
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raise the ceiling on eligible wages from $90k to $250K. The payroll tax is extremely regressive; why not let everyone "feel the pain?"
They do "feel the pain" up to $90k just like everyone else.
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Old 02-14-2005, 08:03 PM
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Default If they still have $160K to go

they are feeling a lot less pain than the poor slob making $9.00 at Walmart.
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Old 02-14-2005, 09:55 PM
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The same old "stick it to the rich, they can afford it" class warfare mantra. While you're at it, join up with the people who say that the "rich" shouldn't get SS when they come of age. Tell me. How much taxes should the rich have to pay? 50%? 60%?

While you're at it. What do you consider rich? 90K?
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Old 02-15-2005, 06:58 AM
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We already have a welfare system.
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Old 02-15-2005, 06:28 PM
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We already have a welfare system.
It is important to remember that we have TWO welfare systems: (1) one created ostensibly to help those who couldn't help themselves, but which has turned into a system where the government enables, and in some cases encourages, people to behave in a reckless and carefree manner; and, (2) one created by political hacks to protect from the realities of the market products like ethenol which takes as much energy to create as is produced by it use.

The first type needs a serious retooling and the second needs to be abolished.
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