[Post Toasties]

To my knowledge, there was nothing ‘mandatory’ about GWB’s proposal, which is another difference.

[muawiyah]

Sure there was. It was deceptively simple. You continued to pay Social Security Tax. That's mandatory. You could elect to have some of it diverted to the stock market.

Still, it's the initial funding activity that's most critical in these plans.

Obamasama's Mad Bomber Associate cronies here propose creting an add on ~ that is, a higher tax level, and allowing that to go to US securities.

All same thing GI. Mandatory is mandatory. More is more. Frankly, I think it's common theft to attempt to graft previously voluntary 401(k) money into the Social Security tree. I will shortly be moving my money out of my IRAs to Canada, or maybe even Mexico (to dollar denominated accounts). How about you.

[muawiyah]

Sure there was. His proposal continued the existing “mandatory” taxation system.