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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (29125)9/29/2001 6:04:21 PM
From: ajtj99  Read Replies (1) | Respond to of 30051
 
Zeev, if you're talking about low income wage earners, most are not self-employed, thus they pay about half that 15% SS tax you mention. Furthermore, there is the earned income tax credit, which compensates them already.

I agree that SS needs to be reformed. I just don't see it happening until the next administration. It is a political powderkeg.