Bush gets progressive with SS

[laurence]

Bush wants to implement an income litmus test:

http://www.msnbc.msn.com/id/7659512/

Boy, depending on how they set that up, that could really produce a disincentive to save(once you reash a 4% withdrawal rate that would cause a benefit phase out, of course)! Could increase the advantage of paying off the house rather than invest.