Right Wing Links to the World & Heritage on SS cap.

boddhisatva kbevans at panix.com
Sun Jan 24 05:58:52 PST 1999


To whom...,

Comrade pms has found a gem here. The Heritage foundation has practically made the argument for the left. By their own figures less than ten percent of the richest part of the population would be affected. What more does one need? Their figures are wonderful and their argument is a shambles, especially in a world where corporate pensions have increasingly become defined benefit plans that are ripping off working people. So the rich don't get their money back. So the rich pay a little more so working people can retire with at least a poverty-level income. So the rich are taxed at what approaches the same *actual* marginal rate as working people. So what?

I cannot think of a more mainstream, common-sense, issue for the American left to get together on than removing the social security income cap. It's tailor-made. It gently injects important ways of thinking into a common sense approach to a problem. It brings in issues not only of income inequality, but wealth inequality, *benefits* inequality, the denial of social responsibility by the American corporation and the rich, the reality that a safety net is a pay-as-you-go affair, the reality that there is such a thing (or needs to be) as a financial infrastructure for working people to which every citizen must contribute her fair share based on her ability to pay and not the benefit she personally derives.

peace



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