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

To: neolib who wrote (213567)	12/18/2004 10:06:24 PM
From: Amy J	Respond to of 1578098

Neolib, you misunderstood me. A 33% reduction has been in the works for Gen X and Gen Y, for decades now. This has nothing to do with Bush's proposal. If you look at your annual SS report (that all working Americans get), you'll see the 2/3 benefits mentioned (i.e. 1/3 reduction). So, that already exists. Bush's proposal is a 40% reduction. That's only 7 pt drop, in exchange for 16% less in taxes (thru privatization). So Gen X or Gen Y probably would prefer the Bush deal. I hope that makes more sense. Regards, Amy J