🚀 go-pugleaf

RetroBBS NetNews Server

Inspired by RockSolid Light RIP Retro Guy

Article View: pnw.general
Article #736

Re: Tax the rich!

#736
From: Mike Quigley
Date: Tue, 22 Dec 1992 21:41
22 lines
1287 bytes
>	"eliminating Social Security Benefits for just one year would
>	completely pay for the deficit."
>
>Yes, but those benefits are paid completely out of FICA payroll taxes,
>i.e., taxes that -- in theory -- are earmarked to pay these benefits.
>
>If the feds did their accounting honestly, the Social Security income
>and payments would be on a separate budget and wouldn't be part of this
>discussion.

Town Hall had a discussion on SS the other night. One critic said that
the SS ``trust'' fund is completely gone. Empty! Kaput! Drained! The SS drone
just looked sheepish and said something to the effect that congress
will always come to the rescue of the SS system.

Within 15 years, it will take two working people to support every person
on SS.

If you're under 50, may as well kiss-off SS, unless you actually DO trust your
government!

Mike
Technical Details
Message-ID: <4104@master.CNA.TEK.COM>
Path: arc1-ca.pugleaf.net!sparky!uunet!news.tek.com!master!freddy!mikeq
References: <1533@nazgul.UUCP> <13088@sail.LABS.TEK.COM> <2377@shaman.wv.tek.com>

Show Full Headers
Complete Article Headers
Path: arc1-ca.pugleaf.net!sparky!uunet!news.tek.com!master!freddy!mikeq
From: mikeq@freddy.CNA.TEK.COM (Mike Quigley)
Newsgroups: pnw.general
Subject: Re: Tax the rich!
Message-ID: <4104@master.CNA.TEK.COM>
Date: 22 Dec 92 21:41:19 GMT
References: <1533@nazgul.UUCP> <13088@sail.LABS.TEK.COM> <2377@shaman.wv.tek.com>
Sender: news@master.CNA.TEK.COM
Distribution: pnw
Organization: Tektronix, Inc., Redmond,  OR.
Lines: 23