The authors' main calculations also make no allowance for bequests to descendants (Mr Bush has promised that the retired should be allowed to transfer part of their individual accounts to their heirs).
The idea that Joe Sixpack is paying taxes and Phil Driscoll is being given tax breaks for money he uses to pay for vacation homes is both abhorrent and absurd to this retired SBC pastor who continues to receive part of his retirement in the form of a housing allowance.