Monday, January 24, 2005
New Strategy on Social Security (washingtonpost.com)
The "add-on" approach is a good compromise appraoch. It is one that I thought would occur in conjunction with a slight increase in the payroll tax.
In 2001, the Dumocrats did not split the difference between Bush's prospsed top rate of 33% and the then-top rate of 39.6% (Split would have been 36.3%). Bush got 35%.
With that in mind, I could see Bush getting closer to what he wants than the Dems getting what they want (a tax increase).
The "add-on" approach is a good compromise appraoch. It is one that I thought would occur in conjunction with a slight increase in the payroll tax.
In 2001, the Dumocrats did not split the difference between Bush's prospsed top rate of 33% and the then-top rate of 39.6% (Split would have been 36.3%). Bush got 35%.
With that in mind, I could see Bush getting closer to what he wants than the Dems getting what they want (a tax increase).
Comments:
Post a Comment
