If you add the two tax increases, 6.0 percentage points and 4.1 percentage points, you get a 10.1 percentage point increase, an amount that ranks up there with total Federal Income Tax collections. Note that this increase is not to improve or expand programs, it s just to make sure that current club members don t stick future club members with an even higher bill. In this area, Mr. Gore remains entirely clueless and Mr. Bush has taken a timid step without ever revealing the true size of the problem. Political pundits have said, Social Security is the third rail of American politics. The pundits are wrong.
Truth is the third rail of American politics.
Questions of general interest will be answered in future columns.