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To: John Carragher who wrote (36514)10/14/2000 10:29:11 AM
From: Charles Tutt  Read Replies (2) | Respond to of 64865
 
With the income level phaseout, IRA's are hardly much use to the rich.

Instead of "privatizing" SS, why NOT just increase IRA deductions allowed? Wouldn't the effect be similar, with the degree of choice higher in IRA's? And it wouldn't require yet more rules.

All JMHO.

Charles Tutt (TM)



To: John Carragher who wrote (36514)10/15/2000 6:33:00 AM
From: JDN  Respond to of 64865
 
Dear John: I presume you are in jest. the rich have little use for IRA's too immaterial. JDN