Quote:
Originally posted by Tyrone Slothrop
If you wanted to fix the system, you'd strike a bipartisan deal to increase the payroll tax some, increase the cap on income subject to the tax some, and curb future benefits some. You'd get enough votes from both parties to give everyone cover. To get there, you'd have to go with incremental change, and compromise.
Needless to say, that's not what this White House is interested in.
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I think that if reform is going to happen, you are going to see something along these lines. Some in the adminstration have already been testing the argument that a rise in the cap is not really an increased tax, which is of course, horseshit, but may be necessary.