Comments on: Tax Showdown Looming

By: mark levin

mark levin — Mon, 28 Nov 2011 14:00:18 +0000

If the tax is reduced it won’t be put in that lock box so there will be less money in which to retire with. Oh that’s right, there is NO lock box and the money is used by the govt to fund all the giveaways.

If the libs were so smart, which they are not, the tax reduction would come from the FEDERAL WITHHOLDING.

By: Moose613

Moose613 — Mon, 28 Nov 2011 11:49:59 +0000

If they other government agencies would pay back what they have borrowed over the years from the Social Security Trsut fund in order to balance their own budgets, Social Security would be one of the most heconomically healthy of all government agencies.

By: ahavas_yisroel

ahavas_yisroel — Sun, 27 Nov 2011 21:26:10 +0000

akuperma, I don’t understand why the dems want to reduce the social security tax. Social security is already in such trouble, why are they reducing the ss income even further? Is it so they can then say, they have to abolish social security altogether because it’s bankrupt? Isn’t it bankrupt already?

By: akuperma

akuperma — Sun, 27 Nov 2011 20:34:47 +0000

The payroll tax is the dumbest tax on record. It is a flat rate tax but only on the middle class and lower and only on earned income (either from payrolls or self-emplyment), and also serves to make it expensive for employers to higher people (in effect, subsidizing overseas outsourcing of jobs). The best suggestion is Herman Cain’s proposal to abolish it, and replace it with a combination of a sales tax and a flat tax covering all income.