Social security funding has been robbed to pay for liberal spending programs. Social security must also be reformed to allow young people to have the resources available to save for their own retirement. IRA's and other tax reduction programs have been helpful but now is the time to allow people to direct their own retirement funds so that they might enjoy more competitive rates of return. Estate taxes and capital gains taxes should also be eliminated as a means to protect the property rights of the elderly. And, tax reforms that do not take into account the fact that the elderly were taxed on income during their income earning years and are now primarily in a period where they are consuming capital, should be avoided.
Health care is another significant concern for the elderly.
Freedom of choice must be preserved and expanded. The freedom to contract for medical care must not be denied to those who are currently in programs like Medicare. Moreover, medical savings accounts should be broadly available. Copyright 2000 by Young Americans for Freedom. The opinion expressed does not necessarily represent the views of Young Americans for Freedom.