Quote:
Originally posted by Mmmm, Burger (C.J.)
My favorite:- As president, John Kerry will not raise Social Security taxes, raise the retirement age, cut benefits for people that rely on Social Security, or privatize Social Security. He will consider making sure that high-income beneficiaries don't get more out than they pay in.
So, how does this "save" social security?
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Well, it doesn't rule out means testing. And my memory is fuzzy on this, but doesn't the Social Security tax only apply to the first $80,000 of income? Removing the cap wouldn't be the same as increasing the tax.