[Jimbo]

[ QUOTE ]
Thus a married couple who together earns $87,000 pays $10,788 in Social Security taxes, which is the same amount as a married couple who together earn $1,087,0000 or $100,087,000.


[/ QUOTE ]

Wheras you see this as unfair I see it as quite reasonable. I don't buy the Socialist platform Andy and neither should you. At full retirement age both your hypothetical couples will receive the same social security checks. However the wealthy couple will likely have additional income and be forced to pay more income tax on up to 50% of their social security income. They will get much less net from thier SS income, this should please you.

[ QUOTE ]
I stand by my word "looted." Since 1983, the government has spent almost $5.4 trillion more than it took in. But the debt grew by "only" $3.6 trillion because of excess Social Security taxes. The rise in Social Security taxes has finances income tax cuts.


[/ QUOTE ]

Then you lose credibility by doing so Andy. The debt you (and politicians) are quoting is simply external debt which does not include the debt the government owes to itself. That does not mean the internal debt does not exist since by law it is required to be repaid. Andy please do not stoop to low liberal political trick language in an attempt to scare people into believing something that isn't true.

Jimbo