tag:blogger.com,1999:blog-4053585.post2867299695806986570..comments2024-03-17T08:19:05.517-04:00Comments on Viking Pundit: Erichttp://www.blogger.com/profile/15911276942829790135noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-4053585.post-21324799962841909022008-09-22T22:17:00.000-04:002008-09-22T22:17:00.000-04:00Oh, OK. Well, let me offer this rejoinder:If, say...Oh, OK. Well, let me offer this rejoinder:<BR/><BR/>If, say, the Republicans offered to raise FICA taxes by 5% to shore up Social Security's finances, but asked that 2% of that be diverted to personal accounts, I'd wager that the Democrats would still refuse that deal.<BR/><BR/>It's all about keeping cash in the hands of Washington. Open that floodgate of private savings (you know, "freedom") Erichttps://www.blogger.com/profile/11486910318208004303noreply@blogger.comtag:blogger.com,1999:blog-4053585.post-16035698276958832642008-09-22T03:12:00.000-04:002008-09-22T03:12:00.000-04:00The point seems straightforward enough. If the or...The point seems straightforward enough. If the original Social Security deduction percentage was increased later, then so could the percentage taken out for stock accounts. <BR/><BR/>It's hard to tout the stability of the "small percentage" that would be diverted to personal accounts, while simultaneously denouncing the historic volatility of the deduction. Especially now, when "the nanny Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4053585.post-74199432291856464102008-09-21T12:54:00.000-04:002008-09-21T12:54:00.000-04:00I genuinely don't get your point. Are those two s...I genuinely don't get your point. Are those two supposed to counterbalance in some way?Erichttps://www.blogger.com/profile/11486910318208004303noreply@blogger.comtag:blogger.com,1999:blog-4053585.post-25860722530242218202008-09-20T23:27:00.000-04:002008-09-20T23:27:00.000-04:00First of all, the personal Social Security account...<I>First of all, the personal Social Security accounts that were proposed would have diverted only a small percentage of FICA taxes (2% of the 12.4% was often cited).</I><BR/><BR/>Wow! Just 2%, you say? Sounds great! What could go wrong?<BR/><BR/><I>Third point: Social Security once collected 1% of a worker's income and now collects 6.2% (with employee match that could go towards your salary, Anonymousnoreply@blogger.com