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Have you somehow missed all the Republican proposals to cut benefits to seniors through SS and Medicare in order to continue the tax breaks for the wealthy???
One of the big disconnects I see is conservatives arguing about high corporate and personal tax rates, while liberals point to low effective tax rates, especially for the wealthy and corporations. Here's an idea: why don't we stop using the tax code as a way to incentivize or reward certain behaviors and start using it as a tool to equitably collect revenue for appropriate government functions? Yes, we'll all fight about what's "appropriate," but let's agree that we need a tax code overhaul that simplifies everything. I hate having to play games with FSAs, IRAs, and whatever other alphabet soup I can to avoid taxes. Let's just let people spend their money how they want, without massive tax implications.
that is not true. the special notes issued to the Trust Fund are guaranteed only by the Word of Congress (you are free to decide for yourself how much that is worth), not the Full Faith and Credit of the United States.
even the AARP now agrees that popping the cap won't get you enough to fund SS. benefits will have to be reduced :shrug:
because a surplus isn't coming.
Do you mean the cuts in the Health Care Act? Maybe you missed those.
I think it's a good idea to stop giving bennies to people who have never paid a nickel into SS, or Medicare. Maybe that's the reason that they're going belly up. Whatcha think? Brings us back around to the whole, "spending more than you bring in", thing.
I found this article in The Globe and Mail and had to share. I admit I smirk when I hear Americans complain about tax rates as I knew they pay less than most developed countries. In fact, tax rates in the US today are comparable to those of 1965! Having said that, there's no graph that shows which country gets more bang for their taxed bucks, but that is another point altogether.
I'm interested in hearing feedback and whether this surprises you or not.
U.S.: In state of denial over taxes? - The Globe and Mail
It would be wonderful to have posts based on something a little less than coming from a socialist nation and an extremely liberal News Org.
Feel free to post data from other sources....
Those who are able to read and comprehend what they read and are past the 35th grade now how interpret what they read.
Have you somehow missed all the Republican proposals to cut benefits to seniors through SS and Medicare in order to continue the tax breaks for the wealthy???
It would be wonderful to have posts based on something a little less than coming from a socialist nation and an extremely liberal News Org.
No cuts to benefits for seniors. Just cuts to insurance companies.
No wonder the right hates it
It would be wonderful to have posts based on something a little less than coming from a socialist nation and an extremely liberal News Org.
these would be the tax breaks that resulted in the wealthy paying more taxes, yes?
You calling OECD "a socialist nation" now?
Many far right conservatives in this country today feel the US was a socialist nation for the half century period when our tax system was more progressive.
October 2008 is 22 months after the "libbos" took over the government.Originally Posted by apdst
The jobs left when the Libbos took over the government. Remember the 5% unemployment rate, back when we had a government that understood that it couldn't create jobs?
Please tell me you didn't post that? Please tell me your memory isn't that short? (Re: Unemployment rate from October 2008 per NYTimes.com)
Feel free to post data from other sources....
Those who are able to read and comprehend what they read and are past the 35th grade now how interpret what they read.
The relevant test is to point out where the Constitution gives the government the power to create SS, SSI, Medicare, etc.Wow. Please show me where in the Constitution it is stated that there be in SSI, etc.?
no. it was cuts to providers, which mean that seniors wouldn't get healthcare. according to the Medicare Actuaries; were Obamacare to fully go into effect, huge percentages of providers would simply stop seeing Medicare patients all-together, or go bankrupt.
The relevant test is to point out where the Constitution gives the government the power to create SS, SSI, Medicare, etc.
This is just plain silly.I have seen no evidence or that in the last 30 years, all I have seen is different spending priorities. It was the GOP majority vote that created the biggest part of our recent debt, the optional war in Iraq.
Feel free to post data from other sources....
This is just plain silly.
The INCREASE in entitlement spending from FY2008 to FY2009 exceeds the full cost of the war in Iraq, thus far.
This is just plain silly.
The INCREASE in entitlement spending from FY2008 to FY2009 exceeds the full cost of the war in Iraq, thus far.
This doesnt address a thing I said.The surplus is guaranteed though the full failt and credit of the US.
This response indicate a great ignorance of how SS works.The FICA cap will need to be raised to repay the SS funds for general fund uses so tax cuts could be provided to the wealthy.
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