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  1. axolotl


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1.   Oct 26, 2006 5:22 PM

» axolotl - Is Warren going to collect any SS?

Yes, some people pay SS tax and will never collect much from SS (I think) because their income will be too high in retirement. The statistics are that the top 5% or 10% in income, pay like 80% or 90% of all income taxes. In any case, Warren is wrong about rates being the problem - a flat tax or a VAT tax would be more efficient and less socialist and less complicated. Warren is super at making money, but on other subjects, he is not so super.

-- posted by axolotl


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