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


To: RetiredNow who wrote (212735)12/6/2004 6:37:11 AM
From: Road Walker  Read Replies (2) | Respond to of 1573558
 
re: So you say, we need to do nothing? That is silly.

If you think I ever said "we need to do nothing" you can't read.

In fact I listed the points we need to do, that would put SS in the black, maybe too much in the black.

John

I'll repeat:

The solutions are so simple.

1. Raise FICA a bit, maybe 10%
2. Figure a formula that splits the difference between inflation and wage appreciation for COL adjustments.
3. Eliminate the cap on FICA taxes, currently at $80K.
4. Eliminate benefit for those with more than $100K in income.