Get ready for higher taxes.  The National Center For Policy Analysis gives us an advance warning on some of the tax hikes boomers can expect and some suggestions:

Workers planning to retire in the next 25 years will have fewer opportunities to save and will face a higher tax burden to boot.  What can be done to avert this impending disaster?   The aim should be to maximize the opportunities for baby boomers to earn and save without tax penalties, while restraining spending growth on elderly entitlements.  To do so, Congress should:

• Make the Bush tax cuts permanent — particularly the income, dividends and capital gains tax rates.
• Continue to raise the ceiling on retirement account contributions, and retain the higher “catch up” contribution allowed for 50-year old and older workers.
• To avoid payroll tax increases and slow the growth of Medicare spending, allow workers to contribute after-tax earnings to an account to “prepay” retirement health care expenditures.
• Similarly, allow younger baby boomers to prefund their Social Security benefits by saving some of their payroll taxes in personal retirement accounts, reducing their dependence on the pay-as-you go system.