From: Dave Head on 27 Jul 2010 07:59 On Tue, 27 Jul 2010 04:34:13 -0700 (PDT), Larry G <gross.larry(a)gmail.com> wrote: >question. What happens to SS and Medicare with a FAIR TAX? They continue. They are just paid with proceeds from the Fair Tax.
From: Michael Coburn on 27 Jul 2010 13:06 On Tue, 27 Jul 2010 07:59:18 -0400, Dave Head wrote: > On Tue, 27 Jul 2010 04:34:13 -0700 (PDT), Larry G > <gross.larry(a)gmail.com> wrote: > >>question. What happens to SS and Medicare with a FAIR TAX? > > They continue. They are just paid with proceeds from the Fair Tax. NO! They will not continue. The corporate media and the capitalist overlords will destroy these social insurance systems very quickly. The only thing that has kept the Social Security system from being destroyed is that it is, in fact, a government mandated SAVINGS program that is paid ONLY by wage earners. As such, the OWNERS of the means of production cannot cheat the common people out of it. They are already balking at paying back the money they borrowed from the SS Trust Fund and proposing ANY AND ALL "reforms" that will erase that debt. -- "Senate rules don't trump the Constitution" -- http://GreaterVoice.org/60
From: Matthew Russotto on 27 Jul 2010 22:43 In article <i2n3mn3d5g(a)news4.newsguy.com>, Michael Coburn <mikcob(a)verizon.net> wrote: >overlords will destroy these social insurance systems very quickly. The >only thing that has kept the Social Security system from being destroyed >is that it is, in fact, a government mandated SAVINGS program Social Security is not a savings program. -- The problem with socialism is there's always someone with less ability and more need.
From: bugo on 28 Jul 2010 00:50 "Larry G" <gross.larry(a)gmail.com> wrote in message news:8da0a5fb-f993-416a-8e39- > What Republican Candidates support the FAIR Tax? Mike "Fuckapee" Huckabee is a big supporter.
From: Michael Coburn on 28 Jul 2010 02:31
On Wed, 28 Jul 2010 02:43:16 +0000, Matthew Russotto wrote: > In article <i2n3mn3d5g(a)news4.newsguy.com>, Michael Coburn > <mikcob(a)verizon.net> wrote: >>overlords will destroy these social insurance systems very quickly. The >>only thing that has kept the Social Security system from being destroyed >>is that it is, in fact, a government mandated SAVINGS program > > Social Security is not a savings program. You are entitled to your opinion. I don't accept it as valid and neither should anyone else with a brain. We pay FICA taxes into an account from which we will receive later benefits. That is not really much different than a true personal account but for the fact that the return on savings are better for those who earned smaller salaries (thus were unable to contribute a great deal) then those who earned large salaries. The basic concept is, nonetheless, very similar to a savings system. -- "Senate rules don't trump the Constitution" -- http://GreaterVoice.org/60 |