Friday, January 28, 2005

From The Archives

From a 2/5/2004 post:

Here's a proposal I'd like to see analyzed: means-tested matches, on a sliding scale, to Roth and Traditional IRA contributions, with EITC recipients getting some amount match-free.
Amidst all of the talk over privatization, I've yet to hear much along these lines. But this is a form of "ownership society" I could support -- as long as (1) it is in addition to Social Security, (2) it is funded out of the general fund and not Social Security taxes, and (3) it is funded in a revenue-neutral fashion by, e.g., partially reinstating the estate tax.

AB

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