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krw[_3_]

In article ,
says...
Han wrote:
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 the excess contributions were invested in corporate stocks/bonds
rather than government debt, future shortfalls would be covered by the
profits of those corporations - such as Exxon-Mobil - rather than taxing
future generations a second time for the same purpose.

Do you really want Congress owning (all) corporations?

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.

Agree. That is exactly what I am living on in retirement - the
investments I made during my working career. And those investments are
also paying my medical insurance premiums with no undue financial pain.

--
Keith