Mr.Phips
Junior Chimp
Posts: 8,548
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« Reply #1 on: May 05, 2013, 07:59:08 PM » |
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The best solution would simply be to eliminate the cap on the tax base, but continue to cap benefits at the level of someone who made $115,000 a year(indexed to inflation each year of course). This would eliminate any shortfall in the system indefenately.
And in response to the Republican mantra that people should control their own retirement, Democrats should simply offer a separate, stand alone system much like the Thrift Savings Accounts to everybody to give people more chance to save for retirement. And if Republicans being up the whole "more government" argument here, then Democrats should simply ask them "so you don't think the American people are good enough to get what members of Congress and federal workers get"?
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