On Fri, Oct 1, 2010 at 10:41 AM, Robert Munn <[email protected]> wrote: > > On Fri, Oct 1, 2010 at 10:26 AM, Judah McAuley <[email protected]> wrote: >> There are several changes that can be made to extend the solvency date >> out to the limits of the CBO forecasting, for instance, raising the >> cap on income subject to SSI. Currently the cap is at $106,000 in >> income. If you raise that to $250,000 or remove the cap altogether the > > So the solution is ... raising taxes. I would never have guessed that.
That is a solution. There are others on the table as I've shown you again and again. You are welcome to have a reasoned debate about which one is the best option. > Even raising taxes to 100% for all income brackets would be > insufficient to fund these programs forever. These programs are fiscal > black holes, the sooner we confront this reality, the sooner we can > change these programs to make them sustainable. Otherwise we are > screwing future generations for our own greed. First off, I talked about raising the income cap to which the current rate is applied, not anything about changing the existing rate. In fact, if we removed the income cap entirely we could probably lower the existing rate while still funding the program adequately. As for the rest of your argument, it's bullshit. Any of the solutions put forward (and I'm sure others out there that haven't been analyzed by the CBO and the trust fund board) will adequately fund the program for the next 75 years. Is that "forever"? No, but it is as long (or longer) than you can reasonably forecast and provides a substantial cushion to allow new generations to change things as new situations come to light. You don't like Social Security. That's fine. Doesn't entitle you to make shit up about it though. Now, if you want to talk about financial problems with Medicare, I'll be right there with you. That sucker (and health care in general) is a nasty mess. Judah ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology-Michael-Dinowitz/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:328410 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
