Sunday, January 23, 2011

Daily Kos: Third Way's false start on "saving" Social Security

The ONLY change that needs to be made in SocSec is to remove the salary cap. At that point, all future deficits disappear and the system is solid. Yes, it screws (very marginally) the highly compensated, but our tax system is (at least at the moment) progressive, so it's not a huge shock to anyone's system. So someone takes home 135k ...instead of 145k, they'll deal with it, precious babies.

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