home *** CD-ROM | disk | FTP | other *** search
/ NetNews Usenet Archive 1992 #31 / NN_1992_31.iso / spool / pnw / general / 3024 < prev    next >
Encoding:
Internet Message Format  |  1992-12-22  |  932 b 
  1. Path: sparky!uunet!news.tek.com!shaman!frip!andrew
  2. From: andrew@frip.WV.TEK.COM (Andrew Klossner)
  3. Newsgroups: pnw.general
  4. Subject: Re: Tax the rich!
  5. Message-ID: <2377@shaman.wv.tek.com>
  6. Date: 22 Dec 92 20:26:03 GMT
  7. References: <1533@nazgul.UUCP> <13088@sail.LABS.TEK.COM>
  8. Sender: news@shaman.wv.tek.com
  9. Reply-To: andrew@frip.wv.tek.com
  10. Distribution: pnw
  11. Organization: Tektronix Color Printers, Wilsonville, Oregon
  12. Lines: 14
  13.  
  14. []
  15.  
  16.     "eliminating Social Security Benefits for just one year would
  17.     completely pay for the deficit."
  18.  
  19. Yes, but those benefits are paid completely out of FICA payroll taxes,
  20. i.e., taxes that -- in theory -- are earmarked to pay these benefits.
  21.  
  22. If the feds did their accounting honestly, the Social Security income
  23. and payments would be on a separate budget and wouldn't be part of this
  24. discussion.
  25.  
  26.   -=- Andrew Klossner  (andrew@frip.wv.tek.com)
  27.                        (uunet!tektronix!frip.WV.TEK!andrew)
  28.