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tptacek
on Jan 30, 2011
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Scott Adams: How to Tax the Rich
It isn't? Social security is solvent assuming no funding changes until 2037.
bd_at_rivenhill
on Jan 30, 2011
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In an accounting sense, but it will start drawing from income sources other than payroll taxes as soon as outlays exceed those incomes, which will happen a lot sooner. The trust fund is an accounting fiction, and a debt to yourself is not an asset.
byrneseyeview
on Jan 30, 2011
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"Solvent until..." is a contradiction. If you're solvent until you have to pay your bills, you're broke.
tptacek
on Jan 31, 2011
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The "solvent..." part of that assertion isn't severable from the "... without changes to..." part.
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