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GTripp0012 · 03-25-2008, 11:31 PM

Even if it was sustainable (which it isn't), with the accelerating rate of inflation looming, $520 isn't going to buy a decent pair of shoes in 40 years. Of course, since the tax is a percentage, I would be paying well more in tax than I would ever receive.

The only wrong answer here is to increase the tax. Even if we do nothing, at least the fund will exhaust itself, and then the program will be dead anyway...its just that a bunch of people will be screwed since they were dependent on it.

03-25-2008, 11:31 PM	#17
GTripp0012 Living Legend Join Date: Mar 2006 Location: Evanston, IL Age: 38 Posts: 15,994	Re: How to Fix Social Security Even if it was sustainable (which it isn't), with the accelerating rate of inflation looming, $520 isn't going to buy a decent pair of shoes in 40 years. Of course, since the tax is a percentage, I would be paying well more in tax than I would ever receive. The only wrong answer here is to increase the tax. Even if we do nothing, at least the fund will exhaust itself, and then the program will be dead anyway...its just that a bunch of people will be screwed since they were dependent on it. __________________ according to a source with knowledge of the situation.