Originally posted by oboe
You know I read somewhere the 75 year gap in SS could be completed eliminated in one fell swoop by simply eliminating the cap on payroll taxes - currently only the first $90,000 earned are taxed for SS purposes.
I like this. It leads me on to the idea that we could probably totally eliminate the deficit if the government just taxed everyone at 100%.
OK, maybe that's a little too harsh.
How about this... no matter how much you make, you only get to keep a maximum of $50,000. That's enough for anyone to live on.
The government would get the rest to pay down the deficit and national debt. Because we all know that's what they'd do with it. They sure wouldn't just keep spending and speennddiinng and ssspppeeennndddiiinnnggg forever because they're so responsible with our money.