Attention, Students: Your Money’s On the Line

From CampusMagazine.org. Without personal accounts, my generation gets ripped off:

if the current system is not reformed, our generation will face benefit cuts of up to 25 percent or tax increases of up to 50 percent. Putting our tax dollars to work for us through compound interest, personal accounts are a much better solution than benefit cuts or tax hikes. Social Security taxes have been raised 40 times since their inception. Another round of tax hikes will only delay the problem and cost our generation jobs just as we begin to enter the work force.

Posted by on June 22, 2005 12:59 AM to Social Security Choice