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

To: TimF who wrote (364575)	12/28/2007 7:42:28 AM
From: Road Walker	Read Replies (1) \| Respond to of 1586540

Increasing the tax rate, and applying it to a much larger part of people's income amounts to a very large tax increase, not an easy or painless solution, but rather a painful and harmful one. No. As a percentage of all the taxes people pay it would be very small. And combined with a raise in the cap, it would solve the 'problem'. But the midpoint keeps getting worse past 2040, and the high end is around 9.5% of our GDP. And the low point is about where it is today. Fertility rates are going up and longevity may be flat or decrease. Immigration is a large part of the calculation. There are way to many variables....