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Reply to "What Would You Be Willing to Do to Save SS?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous] http://www.economist.com/blogs/freeexchange/2009/04/are_payroll_taxes_regressive Not regressive. [/quote] They are not arguing that it isn't regressive, they arguing the absurd position that it isn't a tax. Instead, it is "a contribution to a forced savings/social insurance scheme." If that's true, you don't pay income tax either because it is actually "a contribution to a forced scheme for the general welfare and the common defense." And all these years I've been grumbling about taxes, turned out it was perfectly ok, they were just "forced contributions."[/quote] +1. Did you read the article? The article clearly states that even the authors they cite are on the fence about progressivity/regressivityprograsivoty. Then they pull out, "well, maybe it would be progressive of you included disability benefits." Well great, it's nice to speculate and all that, but in the end you need to prove it.[/quote]
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