SI
SI
discoversearch

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.
Strategies & Market Trends : The Residential Real Estate Crash Index
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Amy J who wrote (26103)12/17/2004 3:05:07 PM
From: Les HRead Replies (2) of 306849
 
RE: "There was one report that suggested Bush's change for SS is to purely reduce the benefits for the younger generation, indirectly so thru privatization. But the younger generation would rather see privatization since no one believes SS will be around. "

Sounds like it. The current proposal is to permit younger workers to invest 2 percent of their income (or roughly 16 percent of their SS taxes) into investment accounts in exchange for a 40 percent reduction in their claims on future Social Security benefits.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News