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Politics : The Citizens Manifesto -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (87)	6/15/2005 10:27:52 AM
From: RetiredNow	Read Replies (1) \| Respond to of 492

In answer to your last question, I think the people don't want SS reform. They just want a fix that will ensure another 50 years of SS payments. So I think if we are opting for pragmatism, we should forget about private accounts and go for an increase in the retirement age to 70, an expansion of the income limits to $150K, and/or an increase in the tax rate to 15%. Any of those would add at least few decades to the life of the current system. My biggest problem with the current system is that it will always need to be tinkered with periodically. In addition, it is set up in such a way that politicians can get their grubby hands on the surpluses. Those are too great a tempation for politicians who are in office just a few years. I'd like to take that money out of their hands permanently.