Alan: American conservatives assume tax hikes are less likely than God revoking The Law of Gravity. In fact, tax hikes are inevitable. Social Security will be guaranteed perpetual health by a combination of lifting contribution caps on the wealthy while making small increases in FICA rates as recommended by the Senate Special Committee on Aging.
***
The hard numbers on Social Security. "These eye-popping numbers show what will have to be done if we don't change scheduled benefits, now or in the future. Yet no change is exactly what the American people want. In a study released last month, the Pew Research Center asked 10,000 adults to choose between two statements: Social Security benefits should not be reduced in any way, or some future reductions need to be considered. Sixty-seven percent endorsed the first, 31% the second.." William A. Galston in The Wall Street Journal.
No comments:
Post a Comment