Politics for Pros- moderated Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Politics for Pros- moderated

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mary Cluney who wrote (105713)	3/24/2005 11:04:17 AM
From: DavesM	of 793759

The problem with #4: Lifting the retirement age to those with professions that require hard physical labor? This would unfairly punish those at the lower end of the economic scale. Also, if you were to look at the expected lifespan of Americans, what you will find is that: Asian Americans live about as long as the Japanese (nation with the longest average lifespan); Whites live about as long as the average European; Hispanics live on average, longer than whites (and longer than those living in Latin America or Cuba); and African Americans have the shortest average lifespan of any ethnic or racial group. Taxing income over $90,000 would essentially lift the cap off of the tax side of SS, while keeping a cap on benefits would destroy the basic idea of the plan. This would finally end the idea of Social Security as a Government run social "insurance plan" to a Government social "welfare" program". re:"4. Select and adopt a new structure. You can make SS solvent by increasing retirement age and taxing those making more than $90,000 a year. The problem is not going away any other way."

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next