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Bush gets progressive with SS
Old 04-28-2005, 03:53 PM   #1
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Join Date: Feb 2005
Location: San Diego
Posts: 4,958
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.
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