Sunday, Jan. 6, 2013 | 2:01 a.m.
After reading Jo Ann Simmons in Thursday’s Sun, “Kill the cap on Social Security tax,” I only have one thing to say to her: Way to go!
I totally agree with her, but let me go just a little bit further.
When Social Security was created in 1935, all incoming funds were to be placed in Treasury bonds and not to be used for any purpose other than providing benefits for retirees.
What has happened is that Social Security has become the cash cow for the government to use for whatever purpose it deems necessary or for that matter unnecessary.
In addition to increasing the cap on the amount deducted for Social Security, the other logical thing to do is leave Social Security to pay out for Social Security and nothing else.