From: utzoo!decvax!decwrl!amd70!clif Newsgroups: net.politics Title: Social Security (again) Article-I.D.: amd70.1339 Posted: Sun Jan 23 15:27:32 1983 Received: Mon Jan 24 08:02:06 1983 I think people are being awfully pessimistic to think that there won't being any Social Security when they retire. Although I certainly concede that the system cann't continue paying the same level of benifits without a major change. I cann't imagine the Goverment suddenly stopping Social Security since it would cause such a political backlash. For what it is worth (does RR read net.politics ? he should) here are my suggestions for saving our Social Security (SOSS). 1. Eliminate the current 36K limit on FICA taxes. When SS first started most people were finished paying FICA taxes by June. Now most people pay FICA the entire year. There are enough tax breaks for the rich why give them an additional one. 2. Make everyone pay into the SS system most notably Federal and State employees. (This scheme would generate 300,000 just from members of Congress, the Supreme Court, RR and George Bush) 3. Tax Social Security benifits. The Administrations proposal to tax Social Security benifits for those people with a an adjusted gross income of more then 25K seems reasonable. 4. Index the increase in benifits to the average after tax! wage increase, not the CPI (I believe this is also part of the Administration's proposal) 5. Encourage old folks to die, by giving them special tax breaks for kicking off before 65. :-) (just kidding) Clif Purkiser {ucbvax decwrl}!amd70!clif