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To: Victor Lazlo who wrote (157514)5/29/2003 11:26:57 PM
From: Oeconomicus  Read Replies (2) | Respond to of 164684
 
I'd be in favor of means testing for SS on the benefits after they get out what they put in. After all it's not suposed to be a tax.

You are right. Lizzie seems to forget that it is an involuntary pension system, not a tax. It is not "regressive" at all - highly paid workers simply cap out on the maximum contributions to (and benefits from) the system.

BTW, there's another reason why Skeeter's Buffett argument is bogus - Buffett skewed the comparison with his secretary by including SS contributions in their effective tax rates.