Tuesday, February 22, 2005

Social Security Redux

Bush opened the gate to raising taxes as a part of Social Security "reform". He said we can consider increasing the income level from $90,000 that is subject to FICA taxation. That is not only raising taxes, it is not something that will contribute to solving the problem. We have more money coming into the treasury from FICA taxation now than is going out in the form of payments. If you think giving the politicians even more to spend on things other than social security will cure the long term problem brought on by demographic certainty, this pig in a dress may appeal to you.

Personal Unsecured Loan