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Pastimes : Let's Talk About Our Feelings!!!

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To: Neocon who wrote (72349)1/16/2000 12:23:00 PM
From: Lizzie Tudor  Read Replies (2) of 108807
 
From this list, SSI at the bottom (which is more like a welfare program) doesn't come from the SS trust... then there is the family benefits issue, which mostly has to do with the non-working spouse payouts which you pretty much have to have - same with disability. The only real fluff from this list is the survivor benefits I would say.

You aren't going to get too far trying to cut the "waste" from SS without touching the retirement age and benefits of the core recipients, is my point. It is the core beneficiaries who are getting the windfall here, somebody has to deal with that.

If you cut the current 15% ss taxes down to say, 8% total (4/4 match employee/employer), then maybe a small tax increase could be a go for some other stuff like the military if need be. But the bottom line is that without cutting SS taxes, almost no other tax increases on the young are really possible, since they already pay the 30% fed + state tax + 7/15% fica + medicare - the whole thing is over 40%. The other option to raise taxes for the military is an increase in capital gains.
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