Episode 136: To Find Solutions, Follow the Incentives
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The Benefits of Sunsetting Social Security
When you're no longer taxed starting at age 45 if you take that 12.4 percent that was going to taxes and is now coming into your pocket put it into an IRA a 401k by the time you retire. And this has the added benefit of sunsetting Social Security out of existence. So we get to continue making good in the promises we made to retirees because we've got people paying in from age 20 to age 45 but once the current cohort of job entrance reaches retirement will be done. There'll be nobody else on Social Security.
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