Obama proposes new taxes on wealthy.
edit: Index it to the EXACT same COLA that SS receive. If they want to start (continue) playing fast and loose with the inflation numbers, have apply to both revenue *and* payouts.
Works for me.WashPo said:Obama will propose new taxes on the wealthy, a special new tax for millionaires, and eliminating or scaling back a variety of loopholes and deductions, officials say. About half of the tax savings would come from the expiration next year of the George W. Bush administration tax cuts for the wealthy.
edit: Index it to the EXACT same COLA that SS receive. If they want to start (continue) playing fast and loose with the inflation numbers, have apply to both revenue *and* payouts.