[Mr. Bird]

To fund all the obligations of the Social Security system, payroll taxes will have to more than double by 2040—on top of whatever it costs to buy all those prescription drugs

Now, I'm certainly not going to defend extending the ugly things, but someone somewhere recently did a more dynamic analysis of the financial burdens we are going to face, and revealed a relatively large elephant in the room: when the boomers start cashing their ss checks, they'll also be withdrawing trillions of taxable dollars from their 401(k)'s. Maybe that's how we fund the last generation of ss recipients....

[KantianBurke]

I vaguely recall another poster writing that such a policy wouldn't work. Not sure what the gist was to be honest. Regardless, I'll be sure to vote for ANY candidate who favors abolishing SS.

[Axenolith]

Remember that stupid *itch Pat Schroeder from CO? She proposed levying an across the board 10% taking on everyones 401K and IRA when she was in office!

I hope she's having an uncomfortable retirement...