Posted By n/a on 12/17/2007 12:54 PM
F.I.C.A. Federal INSURANCE Contribution Act---Nowhere do I see the word tax in this program. This is an insurance premium paid to help the retired when they no longer have an income. I don't know of any other type of insurance that hasn't gone up in cost in over twenty four years or one that is more important. A slight increase in the premium and an increase in the amount subjected to the premium every other year should solve the funding problem. -------------------------------------------------------------------------
Very well spoken, jimelda! Your observation exposes the pervasive and recurrent Republican lie that the private sector can always do the job more efficiently than the government. The fact is that the government (at least under ethical administrations) does not find it necessary to skim off the cream to be given to multimillion-dollar-salaried executives before applying funds to their intended purpose--in fact, and this is the part that is most galling to the greed-driven, the government is not required to make a profit, or merely break even, for that matter!
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