At 06:35 PM 2/24/2003 -0500 Bryon Daly wrote:
>I didn't think Dan was implying that SS tax should be folded into the
general tax
>code; just that the double taxation here should/could be fixed. All that
would take
>is allowing a federal tax deduction for what is paid to SS tax, perhaps in
the same
>way 401K contributions are not taxed. This shouldn't require tinkering
with SS
>at all, it would only affect the federal tax.
Ummm..... this isn't exactly double taxation. Using this logic, at a 29%
tax rate, 28.9999999999% of one's income is double taxed......
JDG
_______________________________________________________
John D. Giorgis - [EMAIL PROTECTED]
"The liberty we prize is not America's gift to the world,
it is God's gift to humanity." - George W. Bush 1/29/03
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