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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (358744)	2/13/2003 1:06:29 PM
From: sea_biscuit	Read Replies (1) \| Respond to of 769670

If they really mean to help the poorer classes, they would do the following: 1. No upper income-limit for SS taxes. 2. Reduce SS tax percentage from 6.2% to a level -- probably 5.8% -- that keeps the SS account balanced (This also has the advantage of lowering the burden on the employer -- especially the small businesses that choose to follow the law). Adjust this percentage on an annual basis to keep the account balanced. 3. No income-taxes on the first 50K of income. Don't hold your breath. They won't do it.