Under your scenario I would pay into SS according to my spending habits and pull out according to my stated earning habits. Which would be great for me personally since I am a very frugal, self employed person. I would end up making minimum contributions and maximum withdrawals. I get to control both !!
Added by David E. Rose on June 21, 2011 at 2:23pm — 2 Comments
Seems to me that it is against American values to have a non-contributory retirement system.
What has made this country great is our value of personal responsibility. To remove that from the Social Security system - which was a step away from those values - completely seems to be moving us in the direction of socialist europe.
Added by David E. Rose on June 20, 2011 at 10:11am — 4 Comments
I understand the value of taxing consumption instead of production and belief it to be an admirable goal if not esential in the long term. The Fair Tax does that ! Which is very good.
Two points that I need to understand better are:
First: Don't we need to first pass a Constitutional Amendment against income tax before authorizing a national sales tax. History tells us that if we do not close the door Washington will utilize all revenue…
ContinueAdded by David E. Rose on June 19, 2011 at 2:31pm — 2 Comments
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