My House Message Board - Msg: 17953538

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Pastimes : My House

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To: Original Mad Dog who wrote (27)	9/4/2002 6:22:04 PM
From: Lazarus_Long	of 7689

Dang! We're not THAT far apart! Well, maybe. 1. Reduce the self employment double tax to encourage entrepreneurial behavior and small business creation. Why? To benefit you? Why should you be in a special class that escapes this punishment? Slacker! Take it like a man! :-) The employee pays x%. The employer pays x%. The self-employed pay 2x%. What's the problem if your going to use a scheme like SS? 2. Allow people to self direct a portion (say around 25 percent) of their SS "contributions" (confiscations) to accounts of their choosing (IRA type vehicles). You say 25% I say 100%. If you allow them to keep the 75%, they'll play the same fraudulent games they do now with it. Why bother changing anything then? 3. Separate the accounting for SS so that it cannot be used to cover for large operating deficits. (this is gonna cause lots of pain in a few years unless the economy is really strong at the time). My scheme inherently fixes this fraud. The gov't doesn't HAVE the money, so it can't steal it. At least not without obvious theft. Which could cause REAL trouble. 4. Allow canine investments to be tax free. I like dawgs. But the human variety should not get a free ride. They should be quadruple taxed.

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