No. of 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
Print the post  


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.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! 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.