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In reply to the discussion: Factcheck - on Tax Cut, Social Security and the General Fund. [View all]RC
(25,592 posts)21. You are seeing what you want to see.
I don't know and don't care what Michelle sees.
Why not just take the money from the General fund in the first place and cap the income level of who gets the money? That would be simpler than the slight of hand pocket shuffle going on now.
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The Payroll Tax Cut opens a door between the General Fund and the totally separately taxed fund for
RC
Dec 2011
#1
That is the real reason this particular tax cut was set up as it was in the first place,
tabatha
Dec 2011
#3
Thats an empty "slippery slope" argument. The "open door" is a product of ideological imagination.
phleshdef
Dec 2011
#16
The Neocons are. They want to make the general fund a sacred cow that cannot do social spending.
joshcryer
Dec 2011
#37
Thank you. They want to be able to say that the Government has to fund SS turning it into a
sabrina 1
Dec 2011
#31
Tabatha, what you seem to fail to realize is that the coupling of GF and SS is the real problem
ThomWV
Dec 2011
#5
"The problem is that by following our current practice of using Social Security System income"
tabatha
Dec 2011
#7
The trust fund represents *future obligations* ("DEBT") to US taxpayers--there is no
Romulox
Dec 2011
#10
None of that contradicts anything I posted. The "Trust Fund Surplus" must be collected in NEW TAXES
Romulox
Dec 2011
#12
Wrong. The trust fund was built up starting in the 80s to PREPAY boomer retirement
eridani
Dec 2011
#25
Every red cent has been "lent" to the US government, and spent. It's sad, but true. nt
Romulox
Dec 2011
#26
In the form of T-bills. If those are imaginary, then so are the ones that China--
eridani
Dec 2011
#33
No. They aren't "T-Bills" (they're "special issues".) But that's not the point.
Romulox
Dec 2011
#39
Nonsense. SS is supposed to be INTERGENERATIONALLY SUSTAINABLE. Future taxpayers
Romulox
Dec 2011
#40
Social Security is an entitlement program by virtue of the fact that participants are entitled to it
lumberjack_jeff
Dec 2011
#17
You don't have a right to receive any specific amount of SS. So that logic is off. nt
Romulox
Dec 2011
#41
Let everything revert, including all the Bush tax cuts. Or completely redo the entire code.
phleshdef
Dec 2011
#23
I don't understand it unless we're to believe the "general fund" is untouchable.
joshcryer
Dec 2011
#36