Kolbe-Stenholm Support
- Date: Tue, 1 Jun 1999 23:17:26 -0400 (EDT)
- From: Drew Vactor <dvactor@The-Tack-Room.com>
- Subject: Kolbe-Stenholm Support
Thanks for the hard work making sense of this complex issue. We
have known for years about the IOU's in the empty trust funds and
I am encouraged that there is a bi-partisan centrist position to
address the bankruptcy of the SS system. As a small business
owner, I see the onerous effect of the enormous tax burdens of
the government making life extremely difficult, especially for
entry level workers. Every effort MUST be made to freeze or if
possible lower this tax burden.
It is also important to begin allowing those who are willing to
participate in preparing for their own future to invest some of
the money being deducted from their hard earned income. That is
why I support the Economic Security 2000 position of allowing at
least a portion of deductions to be privately invested, much like
IRA accounts and other savings vehicles.
Thanks again for your hard work on this committee.