At 09:51 PM 5/12/2005 -0500, Dan M. wrote: >> Pardon my >> bluntness here, but this system is just plain stupid. Or at the very >> least, stupidly risky. > >You know, back when I started working, it wasn't.
And what happens if the company goes bankrupt? >If the money were spent to fund SS instead of paying for part of Bush's tax >cuts, "Paying for tax cuts" is a non-sequitur. Social Security is also fully funded this year, so that is a non-sequitur as well. > Look at the taxes _and_ the benefits and > see if, on average, SS is progressive or regressive. You're playing word games. A poor person making minimum wage is paying a 15.3% tax rate. A CEO making $22 million this year is paying a 0.06% tax rate. That's regressive under anybody's definition of economics. And oh yeah, that CEO earning $22 million is going to get a taxpayer-funded check when he retires. JDG _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
