The trouble is there is no Reagans or Tip O'Neills in Washington right now.

We are going to create this Trust Fund, not invest real assets.

the top one percent taxpayers pays more than 40 percent of the total income tax burden.

I would warn you trying to raise marginal tax rates to the extent you want to is going to really harm economic growth.

Well again, anybody who has just hit like $100,000, I mean the maximum.

Back then it is kind of hard to get the exact number of workers versus beneficiaries.

I think you are not going to get even close to the revenue you think you are going to get, because you are going to create a huge disincentive for work.

At what point do you raise marginal tax rates up to the point where you literally harm economic growth?

What he wants to do is increase people's taxes to basically about 57 percent.

It was never intended as a welfare program; correct?

This would literally turn at least a good chunk of Social Security into more of a general welfare program.