I do like it. When are you running for president? On 7/14/05, Gruss Gott <[EMAIL PROTECTED]> wrote: > > 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? > >
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