we don't have employers that set it up for us as far as retirement. retirement seems to be all on employer anymore, do for you that is o do for you, number one. host: diane, we will take the number one question. guest: so what i would suggest, though, if you think about your -- not sure how old you a working had career, the government has been taking 12% of your wages every you worked, hat which is remarkable. theou had been able to take 12% yourself, put it in the market rket, the stock has grown strongly over recent decades, you would have been under the than current social security system. don't forget, middle income money to 't have the save for themselves is partly because the government has taken so much money from your wages the years to fund social security system. cato.org, to check out chris edwards work there had. director of the tax policy [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] [captions copyright national able satellite corp. 2018] >> a look

we don't have employers that set it up for us as far as retirement.ent seems to be all on employer anymore, do for you that is o do for you, number one. host: diane, we will take the number one question. guest: so what i would suggest, though, if you think about your -- not sure how old you a working had career, the government has been taking 12% of your wages every you worked, hat which is remarkable. theou had been able to take 12% yourself, put it in the market rket, the stock has grown strongly over recent decades, you would have been under the than current social security system. don't forget, middle income money to 't have the save for themselves is partly because the government has taken so much money from your wages the years to fund social security system. cato.org, to check out chris edwards work there had. director of the tax policy program. appreciate your time, as always. guest: thank you very much. "washington , on journal," end the program where we began today, on this tax day, sking the question, do you think you pay your fair share in

as far as retired and current teachers, so far what legislators are telling us is that it may not hurt us as bad as senate bill one was initially planned on doing, which was governor bevin's intention to begin with and until we started protesting. so i do feel like that there has been some safeguarding maybe by us being vocal. however, what it does protect is the future educators of kentucky. because start gs i want to say july, 2018, new highers are going to go into what's called a hybrid cash value plan. and they will not have been any guarantee for pension. so in other words, it's going to be hard to retain due to quality future educators in the state of kentucky and -- >> how far are you willing to take this? are we -- i know you have one sick out planned. will you do it more through the year? what if the bill gets signed into law? how strong of a stand are you willing to take? >> i'm ready to do whatever we need to. tomorrow night or tomorrow they are going to be passing the budget and for the two years and that budget is going to attack public schools. we're going to lose funding