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.
Politics : Liberalism: Do You Agree We've Had Enough of It?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
Recommended by:
TideGlider
To: Woody_Nickels who wrote (161061)10/21/2013 9:55:28 AM
From: Thehammer1 Recommendation  Read Replies (1) of 224748
 
You may be right about the raiding of SS regarding the shortfall aspect. It would definitely be in better shape if they had no raided those funds. My opinion is that SS could have been run as a true insurance plan and the bulk of ones money could have gone into 401k type plans. Every year, I get my report from SS on how much, I put into SS. However, it leaves out the corporate part of the contribution or double the actual amount I "contributed"

When one brings up 401k plans, the socialists keep bringing up "risky", "playing the market" and other terms that imply one will lose everything. I think there are ways to alleviate those concerns, but I also think that every liberal fears the general population having an equity interest in corporate America.

- All contributions will be fully excludable from federal income taxes.
- People would be able to invest in variety of products that are risk appropriate for their overall level of savings, age and stage in life.
- Parents could begin to contribute for their children from birth. Every person would have an account associated with them that follows them for life
- Corporations and individuals can make voluntary contributions to these plans
- Traditional pension plans will be phased out.
- As accounts reach certain thresholds, people will be able to utilize more discretion in their investments
- The government will not manage these funds or accounts.
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