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: Road Walker who wrote (288694)5/20/2006 3:49:05 PM
From: Tenchusatsu  Read Replies (3) | Respond to of 1571926
 
JF, the real problem is that Social Security receipients are getting more in benefits than they put into the system. Like I told Ted before, it's a Ponzi scheme but that's because it was set up that way in the first place.

One problem I have with raising the FICA cap is that it's still a regressive tax. If we're going to fund the system from those with the means, then let's eliminate the FICA cap.

Tenchusatsu