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From: jld@ulysses.UUCP (Jeff David)
Newsgroups: net.taxes,net.legal
Subject: Re: Social Security (how to get out)
Message-ID: <1416@ulysses.UUCP>
Date: Mon, 6-Oct-86 08:12:25 EDT
Article-I.D.: ulysses.1416
Posted: Mon Oct  6 08:12:25 1986
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Xref: mnetor net.taxes:609 net.legal:3809

> > Like many other people, I believe that by the time I am old enough
> > to collect it, Social Security will be long gone.  Meanwhile, SS
> > takes a larger percentage of my income every year, with the maximum
> > amount ever increasing.  
> >  
> > IS THERE ANY WAY OUT???
> 
> No.

Alas, Andrew is right, there is no way out unless you are good or lucky
enought to get all of your income from investments.  The libertarian think
tank, the Cato Institute, has been working on an idea called the "Super IRA"
which would allow people to opt out of SS and put an equivalent amount into
a Super IRA account.  They've gotten the ears of a few congresscritters, but
not enough to even start to make a difference.