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Han Han is offline
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Default O/T: What's Next?

Doug Winterburn wrote in
:

Han wrote:

snip
And now FICA taxes hould be leveled on ALL income, earned and
unearned, so the fat cats pay a little more of the War costs.
Although it would mean I would pay more taxes too.


That will result in running up debt at a faster rate as every excess
SS dollar that goes into the "trust fund" is a dollar of debt with
interest. When the funds need to redeem those debt bonds, future
taxpayers will have to bail out the funds.

Again, no matter what you think the rhetoric implied, retirements ar paid
from current taxes, if you really want to have a real retirement, it is
up to you, through your union (puke), employer (double puke), 401K, IRA
or what have you. SS is just a drop in the bucket, not really enough to
live on.

As far as Medicare/Medicaid/health insurance is concerned, I believe that
a certain fairly low level should be compulsory. Add-on insurance should
be affordable, and available at different levels of benefits and
premiums. It should also be underestood that smoking or other dangerous
habits should carry a penalty.


--
Best regards
Han
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