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


To: Road Walker who wrote (215552)1/21/2005 11:58:11 AM
From: Alighieri  Read Replies (1) | Respond to of 1573850
 
Since I have no kids and pay taxes to support the schools, are the people with kids getting a "free lunch"?

Uhmm...that's a tough one. I want out of my school taxes!!

Al



To: Road Walker who wrote (215552)1/21/2005 12:49:38 PM
From: RetiredNow  Respond to of 1573850
 
The difference between insurance and social security is that we don't get a choice with social security.



To: Road Walker who wrote (215552)1/21/2005 1:16:16 PM
From: Tenchusatsu  Read Replies (1) | Respond to of 1573850
 
JF, If you have insurance and never make a claim, are the other folks that do make claims getting a "free lunch"? Who is better off, the people who make claims or the people that don't have to?

SS is more like life insurance, not auto insurance. Of course, even a life insurance policy at maturity has limits on its returns. Not SS.

It's a sustainable program that needs periodic tweaks.

The only thing "sustaining" it are the people paying into it. It used to be 2%, now it's 12%, and all because retirees are living longer. I suppose we could center on a new "equilibrium" once the so-called "trust fund" runs out, but who is going to support an extra 5% tax on income below $90K?

Tenchusatsu