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Author Topic: Social Security  (Read 1148 times)
Inverted Things
Avelaval
Jr. Member
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Posts: 1,305
« on: April 28, 2007, 11:07:11 PM »
Just kill the damn thing. And make it look like an accident.
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Inverted Things
Avelaval
Jr. Member
***
Posts: 1,305
« Reply #1 on: April 29, 2007, 02:36:20 PM »
Quote from: opebo on April 29, 2007, 02:07:15 PM
Quote from: David S on April 29, 2007, 01:11:41 PM
Quote from: opebo on April 29, 2007, 12:27:13 PM
Simply make all income, whether 'wage' or 'investment' and with no limit, subject to the payroll tax.

In effect that's what you will get if nothing is changed since the shortfall in Social Security will be made up from the general funds which come mainly from income taxes.

BTW when you say "all income" does that include inheritance and payouts from trust funds established as a result of inheritance?

I've never really thought of inheritance as 'income'.  Certainly any income generated by the inherited capital would be income.   But keep in mind, David, the 'payroll tax' is only somewhere around 6-13% isn't it?

Try 15%.
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