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Pastimes : Let's Talk About Our Feelings!!! -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (72110)	1/12/2000 5:48:00 PM
From: Michael M	Read Replies (1) \| Respond to of 108807

Lizzie -- my daily two cents -- SS is a national program and CA property tax rates are not. Why do you believe Prop 13 caused your SS tax to rise? ONE TAX -- NOW!!! Mike

To: Lizzie Tudor who wrote (72110)	1/12/2000 6:10:00 PM
From: Ilaine	Read Replies (1) \| Respond to of 108807

I was at an American Association of Individual Investors convention last year, and the keynote speaker at the luncheon was the head honcho of the NASDAQ. I was surprised to see how many young people were in the room, but it became clear to me when he spoke, and mentioned how young people today don't think they can rely on Social Security, so they want to invest in the stock market, which drew a lot of applause from them. I think it's that way all over the world, too, young people just don't think that the government pension will be there for them, and they may well be right. In which case, I'd be pissed off, too. But I pay a lot of taxes for things that don't directly benefit me, so I try not to think about it. I've never been on welfare, or had food stamps, or collected on unemployment insurance, but at least we recognize those as safety-net payments for others. I think your points are well-taken, but the way you are expressing your points is a little harsh, maybe.

To: Lizzie Tudor who wrote (72110)	1/12/2000 6:34:00 PM
From: Ish	Respond to of 108807

<<No ish, I know you already know the answer to this, but one more time - they passed the tax freeze laws 20 years ago.>> Hee hee I did. But it effected the 22 year old the same as the 75 year old didn't it? Now do you call the 22 year old who hasn't moved a geezer? Say you buy a house today and the values double in 10 years are you screwing the buyers in 2010? <<SS taxes also started to climb 20 years ago. The people that are in their 60s now were in their 40s then, and they were just as greedy - the demographic shifts were well known at the time. Instead of focusing on the challenges of reforming SS and medicare so that an equitable solution could be had by all (which would certainly mean a cut to them) - they just passed a HUGE tax increase on to the new participants. >> I was 30 then and I never passed a thing, IT WAS A DEMOCRATIC CONGRESS THAT MADE THE LAW. Poor Ish just had to anti up more during his peak earning years. <<The current geezers were just a "gimme gimme" society all their lives, if you ask me.>> You can hate many groups. Race, religion, political parties, but you should lighten up on geezers. One morning you will wake up and be one, if you are lucky enough to live that long.