Via The Decembrist: Senate Democrats Shine a Bright Light on Bush "Privatization Tax": With the new "privatization tax," the Republicans are going to give with one hand and take away with the other. Their plan will allow individuals to take money from the Social Security Trust Fund and put it into private accounts. But to recoup this money and lost interest for the Trust Fund, the Republicans will issue the new privatization tax, which will eliminate benefits by up to 70 percent or more.