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Politics : PRESIDENT GEORGE W. BUSH
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To: Peter O'Brien who wrote (430478)7/21/2003 6:42:25 PM
From: Steve Dietrich  Read Replies (1) of 769670
 
<<Why do _today's_ workers have to fund existing retirees
in addition to funding a surplus for their own retirement?>>

I agree that payroll taxes are far too high. Something like 70% of workers pay more in payroll taxes than in income taxes. Yet only cuts in income taxes are ever offered to workers. It's extremely unfair. And in my opinion it's an intentional attempt by the Republicans to shift the tax burden downward towards lower income workers.

It can't possibly be very efficient to have a structural deficit in the non-SS budget and a structural surplus in SS.

We need to agree on what we're going to collectively spend money on and then find the best way to raise that money.

Of course it'll never happen.

But policy is made by our elected officials.

Steve
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