Discussion

• n*t* :

  I think there are two problems, progressive funding and taxpayer theft.

  I agree that we should remove the cap, the burden should be on all americans not just the working and middle class.

  Second both parties have been raiding that fund since I can remember. Reagan raided it in the 80's and Clinton balanced the deficit with it in the 90's. Washington should not be left off the hook on this one. At minimum we should buy one of Gore's lock boxes.

  Posted on November 12, 2007 2:23 PM

• robert beal :

  Raising the cap is a, sorry, no-brainer. The payroll tax is the heaviest of all tax burdens, and reforming it is a powerful tool for burden "deshifting."

  I also like Reich's idea of a payroll-tax holiday on the first, he says $15,000, of income. I say set the bar higher, based on the actuarial reality.

  Finally, I am surprised that the notion of means testing Social Security is as "no go" as it seems to be -- the resistance sounds as purely ideological as that to "socialized medicine."

  Posted on November 12, 2007 9:42 PM