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Reply #46: We could raise taxes on the rich right now. We could cut taxes on poor right now [View All]

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Statistical Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-01-10 10:01 AM
Response to Reply #44
46. We could raise taxes on the rich right now. We could cut taxes on poor right now
We could make minimum wage $14 in this country right now.

None of those things have happened.

What makes you think after you magically end FICA taxes that all the cost of SS will fall on this rich. You really think the same Congress which isn't raises taxes on rich rich now, which isn't providing living wages for the poor, and which isn't cutting taxes for the middle class will suddenly dump the $1T cost of SS funding all (100%) on the rich?

Really? :rofl:

What will change? If they aren't helping poor/middle class now how will ending FICA suddenly change their priorities.

IT WONT. FICA goes away. Taxes will rise for everyone. Your means test will give SS the label of welfare. Benefits will get cut to the point that more and more people will get out less than they are paying in taxes. Politicians will start talking about how if we just cutback on SS we can lower taxes.

You seem to live in some fantasy land where the poor and middle class have more representation than the rich. Must be nice.

I live in the real world and FICA/SS has ensured the program remains solvent for 60 years through the most conservative administrations.
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