[muawiyah]

Ghilarducci is a fiscal idiot. She's failed to account for the fact that 401(k) accounts are subsequently taxed at INCOME TAX rates and not at the far lower CAPITAL GAINS TAX rates.

Otherwise, this old broad is advocating something little different from "W"'s Social Security privatization deal with a hidden increase in Social Security taxes.

Folks will continue to direct their investment dollars to the stock market and will pay no taxes on their investments at all until they make "withdrawals", and then pay only at the capital gains rate.

See how easy it was for that woman to TRICK Democrats?

[Post Toasties]

It’s totally different than GWB’s privatization plan.