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Reply #33: Reply #15 says there is no trust fund. and why. The problem's with D.C. , not with Social Security. [View All]

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No Elephants Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Aug-14-10 08:43 AM
Response to Reply #24
33. Reply #15 says there is no trust fund. and why. The problem's with D.C. , not with Social Security.
"Taxing the highest tax brackets at 100% wouldn't even begin to cover it."

Specifics? Links?


Even if your statement--whatever it means in specifics--were true, we could do a few things, other than borrowing, that would at least help.

One is to raise income taxes. Another is to lift or mmodify the cap on contributions. A third is to apply some kind of income limit on eligibility for OASDI. Another is to raise the eligibility age some.

Has D.C. done any of that?


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