[PigRigger]

This is the first step; a means test for higher income earner's.

The other shoe will fall down the road (another administration); up the cap on taxable income (a major tax hike in no uncertain terms).

Let's not fool ourselves; it does not matter who is in power, it is gonna happen.

I've been saying this for years now, and now that the breaking point is coming closer, so are our elected officials.

So, the only thing I can recommend to those who are fairly affluent, don't expect much from social security when you retire.

In the end both parties will see to it that social security does not go away; the only difference down the road will be who will be entitled to it and how much you will be required to pay into it (even if you get little or nothing in return).

IMHO

[Brilliant]

A problem with the logic is that they are using income during working years as a surrogate for wealth. It doesn't work that way. Just because you had a high income during your working years doesn't mean you have a high wealth during your retirement years, particularly with the high taxes we are paying these days.