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To: engineer who wrote (33434)6/28/1999 12:17:00 PM
From: marginmike  Respond to of 152472
 
Yah dont forget Alan Greenspam trying to destroy markets so your investements decline(fight inflation not growth). I will vote for Forbes, and the flat tax!



To: engineer who wrote (33434)6/28/1999 6:33:00 PM
From: JGoren  Read Replies (1) | Respond to of 152472
 
A large portion of the Clinton proposal is posturing for the 2000 campaign. Neither side really wants to do a lot, because they want an issue to use in the election. Plus, you have to ask for more than you think you could get in a compromise. I still think the big problem, which baby boomers must understand and pressure on, is the capital gains that are locked in and need to be freed up without any or much tax so that we can retire. The really interesting dichotomy is that Clinton says the SS plan will be voluntary but maintains SS also must remain universal. The two are mutually exclusive, of course.

The medicare drug issue is little more than an attempt to lock in drug benefits that the Dems can increase over the years. It would start out as not very expensive and then rise dramatically.

The problem is the American people still think SS and medicare are true insurance programs where one takes out what one put in; the public still doesn't understand that the taxes you pay today are spent, largely, on today's recipients.