anybody who has just hit like $100,000, I mean the maximum. What is the maximum amount of earnings right now subject to the tax?
We have got to solve a problem. The trouble is there is no Reagans or Tip O'Neills in Washington right now.
This would literally turn at least a good chunk of Social Security into more of a general welfare program.
It was never intended as a welfare program; correct?
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 crea...
I would warn you trying to raise marginal tax rates to the extent you want to is going to really harm economic growth.
You are going to pay in. We are going to save this money for you, and then you are going to pay it out in retirement.
At what point do you raise marginal tax rates up to the point where you literally harm economic growth?
Well again, anybody who has just hit like $100,000, I mean the maximum.
You pay it in, you earn money in investment, and then you get the money out, right?