> Brian wrote: > Who ARE these people!?!?!?! > GRRRRRRR............help me Gruss. >
I agree with them AND you. Here's how: 1.) Social Security should be for catastrophic failure only. That is, welfare. And it shouldn't be much. 2.) Given that it's welfare, it should come from an untouchable "lock box" fund. 3.) The fund should come, at least in part, from the taxes of those not saving for retirement. Here's the GG plan: 1.) Social Security is dismantled with a particular set of people. Say, those under 20 today. 2.) The existing fund is divvied up based on some formula of contribution, savings, etc. Some people will get sorta screwed, but the benefit is they won't have to pay SS anymore. 3.) Going forward, as part of your taxes, you'd have to meet a certain threshold of savings. If you don't, you're taxed at a higher rate and those taxes go directly to the SS fund which is untouchable by congress or the President. In a nutshell: SS goes away, those that know how to save get too, and those that don't go on Welfare pensions. Along the way if they didn't meet the savings threshold, they are taxed the equivalent of what SS is today. What d'ya think? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Purchase Contribute 3 from House of Fusion, a Macromedia Authorized Affiliate and support the CF community. http://www.houseoffusion.com/banners/view.cfm?bannerid=53 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:164763 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
