View Single Post
  #47 (permalink)  
Old 03-19-2008, 12:04 AM
Excaliber Excaliber is offline
Senior Club Cobra Member
Visit my Photo Gallery

 
Join Date: Jul 2002
Cobra Make, Engine:
Posts: 15,712
Not Ranked     
Default

I don't have a clue how were going to get a handle on the social security issue, it's going in the red for sure in due time. What plans do the other candidates offer that sound better? Were going to have to do something, of that there is no doubt.

I do know this, to compare social security taxes of the foreign countries mentioned to our social security tax is grossly misleading. It suggest that taxes in general are far less than they are in the USA, which is not even close to true. Taxes are way higher in the UK, for instance, the extreme price of gas, which is mostly due to tax. There just taxing their people in a different way.

Another burning issue is Health Care. I like Hawaii's method myself. An employer is required by law to provide health insurance to it's employees. Sometimes the insurance isn't that good and might come with a big co-pay if you use it. Other plans allow the employee to pay a reasonable percentage out of his pocket to gain a much better health plan overall. There is State sponsored insurance plans with little or no cost for those who are unemployed or live below the poverty level. All in all, it seems to work pretty well. Maybe thats why our taxes are so freakin' high here! There is no free lunch.

Last edited by Excaliber; 03-19-2008 at 12:08 AM..
Reply With Quote