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Politics : Formerly About Advanced Micro Devices

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To: TimF who wrote (329081)	3/15/2007 7:34:44 PM
From: Road Walker	Read Replies (2) of 1575538

re: The fact that payroll taxes take up over 15%... I let it go before, but do you really think that if employer SS taxes were reduced to zero that everyone would get a 7.5% raise? It's funny to hear you suddenly worrying about "these people". SS just works. Low overhead, a (barely) sustainable living standard for the poor elderly who couldn't work past 65 years old and couldn't save for a 20 year life span when they couldn't work. Does it need to be tweaked? Certainly! The max contribution was set when a $90K salary was a fortune. Are the baby boomers an issue? Certainly! We probably need to raise the taxes a little for maybe 10-15 years, and then they can be lowered as the echo boomers come into their prime earning years. Should the SSA invest in more risky securities... maybe, I'm not sure. Should we stop socially insuring the disabled or those that are left without parents? No. It's a good program. You go on and on about how great military spending is, when we equal the rest of the world, in total, in that category. But you whine like hell about SS, which helps support our seniors, while we trail the rest of the industrialized world in that category. Military spending is up ~50% under Bush (all on the fed credit card, partially funded by SS receipts). Give me a 15% increase in SS funding and it's a non-issue... and probably will run a surplus for as far as we can see. You care more about Iraqi's than US seniors?

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