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Politics : Formerly About Advanced Micro Devices

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To: Tenchusatsu who wrote (218035)	2/8/2005 7:02:35 AM
From: Road Walker	Read Replies (1) of 1572099

re: Sure, you can change SS to a progressive tax and have true welfare for the elderly, but why isn't any left-wing politician proposing that? My guess is that the idea will not sit well with the average American citizen, because most citizens, if given a choice, would rather choose a meritocracy over a communism. They have chosen, 70 years ago. A slightly progressive social insurance program. I'm not sure what you are adding to the discussion, especially with "meritocracy over a communism". What's the point? Do you want to turn SS into a welfare program? There are some interesting pie charts in today's WSJ. I was surprised to see the weight of the SS contribution to government receipts. Individual Income Tax - $966.88B; Social Insurance and Retirement - $818.82B; Corporate Income Tax - $220.26B (other about $170B). The "Unified Budget" certainly can hide a lot of crap, with a surplus and about 1/3 of total revenue. John

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