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What do you think of Bush's proposal on Social Security Tax? [View All]

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ckramer Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-10-04 04:26 PM
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What do you think of Bush's proposal on Social Security Tax?
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That's what I heard from the discussion on NBC this morning, Bush is proposing that 1/3 of your social security tax from your paycheck be put into your private account for retirement purposes.

Honestly, what do you think about that?

On personal level, it sounds enticing to me because I would be able to use this extra amount of money to invest in stocks for I've got a little experience in playing the market.

But I don't know what that would do to other people like current retirees, or anyone who depends on their SS to survive.

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