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To: TimF who wrote (103371)5/12/2000 5:04:00 PM
From: willcousa  Respond to of 186894
 
OT- Social Security - The idea is to take 2% of the 12% tax, ie 1/6th, and place it into individual investment accounts. These could be offered like IRA accounts and invested within those guidelines. The earnings will be superior to current benefits so the system should be made stronger. The money would not be available to the politicians to spend which is what they presently do with it. The accounts would enable everyone to learn something about investing by doing. Banks would be incented to seek low income customers to get their accounts and should help those without a banking relationship establish one.