UnThreaded | Threaded | Whole Thread (15) | Ignore Thread Prev | Next
Author: Chipsboss Three stars, 500 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 753708  
Subject: Re: Let's debate Social Security Options Date: 3/29/2000 2:38 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 1
for 1HappyFool,

You took the words out of my mouth -- I agree with all of your post.

Here's a suggestion that I think is worth examining, not that I have made up my mind on its merits: Since social security "contributions" are not deductible for income tax purposes, people are paying income taxes on income they don't currently get. Credit the social security program with those income taxes and the shortfall may disappear. Of course, that would leave less money in the federal budget for other programs. A serious suggestion along these lines would have to specify what other programs to cut. I'd nominate agricultural programs for a start, particularly cases where agriculture takes tax-payer subsidized water to produce surplus products, also tax-payer subsidized. If this leads to substantial depopulation of the High Plains or other regions, so be it. I greatly admire the buffalo, prairie dog and black-footed ferret anyway.

Chips, who thinks that no such problem gets solved in isolation
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (15) | Ignore Thread Prev | Next

Announcements

Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Post of the Day:
Macro Economics

Implications of the Ballad of Ted Plotz
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement