Social+Security

Social Security should be privatized. It should optionally be provided by a company, much like insurance. There would be many laws that these companies would have to follow. Instead of paying their social security tax to the government, taxpayers would pay it to their social security provider. The government's social security program would still be in place, and this would provide competition in the market. Any provider would have to have a better rate than the government in order to be competitive and attract customers, and this would be great for consumers. Also, so that consumers wouldn't get scammed by any providers, providers would have to state the rate of return up front, and if taxpayers ever wanted to change providers, they could take with them the profits that they have already acquired.

Also see Taxes - Collecting, Taxes - Spending

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