You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #10: I'm sorry, but thats fucking crazy. [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion: Presidency Donate to DU
phleshdef Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-09-11 09:01 AM
Response to Reply #4
10. I'm sorry, but thats fucking crazy.
Edited on Fri Sep-09-11 09:02 AM by phleshdef
You would have to extend this payroll tax cut for a long ass time before it did any significant damage to social security. Your whole argument is based on wild eyed slippery slope nonsense. If we are going to give middle class people a tax cut like this at all, at the end of the day, its going to take money out of federal coffers. It doesn't matter if it comes from the general fund or the social security fund. That "wall" between the 2 never has and probably never will mean a damn thing. Its a phony wall to begin with. If you take money out of revenue and give it to people, you are putting social security and any other government program under the same exact "threat". Everytime you argue for any kind of stimulus that is not offset by something else, then you are advocating for a scenario that presents the same potential "danger" to social security that you are describing. It is no different.

The fact of the matter is, if we want Social Security to be solvent, we have to raise the cap. And if we actually did raise the cap, we could make a payroll tax cut like this permanent or even a bit larger because the additional money coming from upper income earners would more than cover it.
Printer Friendly | Permalink |  | Top
 

Home » Discuss » General Discussion: Presidency Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC