[Opinion]

11/7/2004: How to Fix Taxes and Social Security (Laurence J. Kotlikoff via The Washington Post; free registration required)

Excerpt: With his reelection won, President Bush says he will move forward on two big domestic issues: the tax system and Social Security. Both are much in need of our attention; there was little serious discussion of either during the presidential campaign. Notwithstanding recent tax cuts, our tax system places a huge burden on middle-class Americans, reducing not just their take-home pay but also their incentives to work and save. And Social Security is a time bomb:[.]