Sounds good doesn't it? Most of us are not rich. However, that's how the government institutes all of their money and power grabbing schemes.
For example:
- The income tax (instituted in 1913) was only taxing the top 1% of Americans. Now the majority pay income tax
- The Alternative Minimum Tax was to cut loopholes for the top 1%. It was never indexed for inflation so now many middle class people are also hit by the AMT
- How many toll roads were implemented until "the road was paid for", but never became toll-free. Despite the fact that the cost of collecting the tolls exceeds the tolls collected
- Social security was for retirement and disabilities, but it became another funding source for Washington. They keep saying Social Security is in trouble starting in 2017. Well, if you actually look at the IOUs in the "trust fund", Social Security actually has funds through 2041. But, because Washington spent the trust fund, they'll have to raise taxes in 2017 to pay it back to the trust fund.
I agree that we need reform. However, the government should be responsible for fairness controls and regulations not total control.
And, if the plan is so great, why is there an exception for Congresspeople and Senators? They should be forced to take the "public plan".