DSK wrote:
Walt said:

Plus, workers whose salary is more than $90k don't pay FICA

Dave wrote:

And, of course, get a much smaller percentage replacement of their income
through SS when they retire.

As things are structured now, yes. But if you let social security
"reform" go through as proposed, the percentage replacement will be
about the same: i.e. SQUANTO.

But you are correct in that the difference in payouts from the social
security system mitigates the regressive nature of its collection.


And the problem with that is.... what exactly?

I don't believe Dave thinks it is a problem. Of course I'm sure he's
quite capable of speaking for himselef.

Social Security is not an investment plan.

People who make over $90K/yr have much more comfortable options to
support them in retirement... unless they **** away their money
stupidly, which seems to be the new American way.

That's new?

//Walt