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

To: Srexley who wrote (551493)	3/13/2004 4:36:20 PM
From: Steve Dietrich	Read Replies (2) \| Respond to of 769670

Rex, i normally don't get into this with you because your posts are devoid of substance and you never add anything to the debate. It's extremely tedious to be on my end of it. SS is only one payroll tax so your 6.5% is bogus to start with. And most economists including Republican economists agree that employees end up paying the full amount of the SS deduction in wages that would've been higher had the employer not had to pay his share. That is, the employer share is passed on to the employee. Furthermore every flat tax proposal i've seen (Forbes, Kemp) exempt the first $30,000 or so of income from the tax. So of course low income workers would pay less under a flat tax without payroll taxes. You debate like a child. You don't know what you're talking about yet you demand attention. Trust me, i'm not getting anything out of these kinds of exchanges. The SS Trustee report is the basis for any SS debate. If you don't know what it is or what it says, again, you have nothing to offer. The SS report uses very conservative estimates for future gdp growth: 2.5%. Most economists use a number more like 3.5% for predicting the future (check out the OMB and CBO). Using 3.5%, SS never fails. Using 2.5% SS has no problems until at least 2042. Those are the facts. Republicans lie and exaggerate the trouble SS is in to justify privatization. Look it up yourself. Stop being a fool. Steve Dietrich