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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Joe NYC who wrote (153413)	10/15/2002 6:44:50 PM
From: i-node	Respond to of 1585457

What would they do when they retire? Social Security would turn into a welfare program if it is not tied to people's earnings. And more importantly, what would you do with the current retirees, who would pay their Social Security. I didn't say I had this ALL WORKED OUT<g>. There could, however, be some reporting required for SS purposes. But it could be very basic. This is all pie-in-the-sky anyway. Bill Archer, as chairman of Ways and Means, was really drawn to the idea of NST. But he couldn't get ANYTHING done on it. After his retirement, I just don't see anything happening on it. Adding exceptions is a vicious circle. You add exception, the rate goes up, the cheating goes up Having handled many sales tax audits over the years, I haven't found this to be the case. Because the scope of the audit is so much more limited than that of an income tax audit, there is relatively little "wiggle room" on issues of taxability. Either way, a NST is so far superior to the current nightmare that I would gladly support it with or without exemptions.