The president, in an interview published Wednesday in several regional newspapers, left the door open to the idea of raising the cap on wages subject to the Social Security tax as a way to help cover the transition costs of private accounts. Earnings above $90,000 are not subject to tax now.
Let's cut through the shit. Here's my plan: Don't raise the payroll-tax cap. Flat out eliminate it. Do nothing else. Then wait 'til this idiot's out of the White House and see how it's going.
No comments:
Post a Comment