Sunday, July 11, 2010

Fixing Social Security

According to the Congressional Budget Office we have several choices.

I favor taxing covered earnings up to $250,000 without an increase in benefits or better yet, taxing covered earnings above the taxable maximum without an increase in benefits. Why? Because higher income earning men live longer than lower income earning men. Seems only fair that those that are going to live longer should have to pay more into the system.


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