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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: Lane3 who wrote (22452)1/2/2004 6:26:19 PM
From: kumar  Read Replies (1) | Respond to of 794490
 
Why would you redirect some of the FICA tax into self-directed retirement accounts rather than just reducing the tax by four percent a year and letting people do what they want with their tax cut?

4% tax cut is a tax cut on gross income. 4% of FICA contribution/year to self manage is a lot less money. I'm sure you can do the math.

Gonna skip the 2nd set of questions temporarily, coz I need to think about it a bit.

And lastly, who do you think would vote or not vote for someone who ran on your platform?

I dont expect any politician to run with this schematic as part of a campaign. There are other variables that would ensure he/she does not win.