SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (222037)3/4/2005 7:51:38 PM
From: Road Walker  Read Replies (1) | Respond to of 1573925
 
re: Once the fund is drawn down than the same thing will be true. It won't be a repayment of borrowed money anymore but the practical result is the same both before and after all the money is repayed.

Where will the money come from for private accounts? If new, incremental taxes and debt are good enough for private accounts, why is a slight adjustment not good enough for people who have already paid in, to maintain the system?

The answer is gray, not black and white. Fixing SS is much cheaper than private accounts, that don't fix anything. Except some Republican dogma issues.

John



To: TimF who wrote (222037)3/4/2005 9:33:56 PM
From: Alighieri  Read Replies (2) | Respond to of 1573925
 
Repaying of that money is indeed going to have to come from income taxes or other non-SS taxes.

The money borrowed came from payroll taxes. What the fed spent was payroll tax money. You say that the money to be repaid will come from income taxes as if the money borrowed never existed.

Al


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News