Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Bill Clinton Scandal - SANITY CHECK -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (31363)	1/31/1999 11:08:00 PM
From: sea_biscuit	Read Replies (1) \| Respond to of 67261

...the progressivity in payouts from SS makes SS the best deal for low income workers among the income levels. First off, unless the Reagan government stopped mingling the SS funds with the regular taxes (which it didn't, of course), its intentions are questionable. Besides, many people agree (or at least suspect) that the younger people won't be getting any SS benefits in their old age anyway. So, what Reagan did to the younger poor people was to tax them more even as he reduced the taxes on the rich people.