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Horrible ideas leading to old people dying in the streets. Eliminate the cap on income subject to the payroll tax, and this problem goes away.

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I do not consider Ryan a hero. First because he berard more of the blame for the Tax Cuts for the Rich and Deficits Act of 2107" than even Trump. Second, his approach to deficit reduction was focused almost entirely on expenditure reductions. We need rather to increase low deadweight loss taxation like on net CO2 emissions and Personal income taxation (with some dead weght loss prevention tweaks like indexing capital gains instead of rebasing them on inheritance. replacing deductions with partial tax credits for favored forms of consumption (mortgage interest, charitable donations) and replace the wage tax with a VAT for social insurance transfers.

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