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Author: LooseChange One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75340  
Subject: Re: The Great Debate Date: 10/24/1998 9:18 AM
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TL, your opinion is well taken, but don't you also think that if ALL income is taxed for ALL people, then ALL people should be allowed a benefit of SOME type. I would like to make the point that there are more ways than one to skin a cat for this means testing issue.

Instead of paying benenfits back to those that are "well-off" upon retirement (the Fed. gets to decide where the line is here, unfortunately), substantial tax credits could also be an option going forward. This would allow the Fed. to keep their loot while the people that made the right decisions and planned ahead will feel that they have been rewarded for their efforts.

This solution is still sacrificing some future revenues, but should go a long way toward getting us over the "peak" of the SS problem. Let's throw that one over the wall to be batted around for a while.

LooseChange
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