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Please begin with an informative title:

First, Social Security is fine. There's nothing to "save" it from, other than the greedy, cynical hands of senatoids and congresscritters who've become accustomed to scooping into the trust fund whenever they need a little extra cash, like little kids furtively digging into mom's purse.

That aside, if strengthening the solvency of the trust fund without paying back all the loot lifted from it is a priority, there are several paths open. Raise the contribution cap, raise the retirement age, means test recipients. . .


You must enter an Intro for your Diary Entry between 300 and 1150 characters long (that's approximately 50-175 words without any html or formatting markup).

Or apply the FICA tax capital gains, dividends and the other main sources of income for wealthy Americans.

Not only are tax rates less than half for income derived from capital gains, dividends and other sources that don't involve actually going somewhere less comfortable than home and doing things you'd rather not for money, those sources are completely free of FICA taxes.

There has been some talk of narrowing the gap between income tax and cap gains tax rates, but any attempt to do so will assuredly set off a battle royale on Capitol Hill and K Street.

However, a modest nick in cap gains and dividend income to bolster Social Security might be more politically feasible in coming years, particularly if we give the 'Pubs the sound thrashing at the polls they so clearly need.

Should we not prevail in strengthening our position in Congress next month, however, developing a taste for Meow Mix might be advised.

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