Bush Tax Cuts for the Rich Today, Less Social Security for You Tomorrow

[Eric J in MN]

MoveLeft Media:

President Reagan signed into law higher taxes for workers to pay into Social Security on April 20, 1983, and we still pay those higher Social Security taxes from our paychecks today.

In 2001 and 2003, Federal Reserve Chairman Alan Greenspan encouraged Congress to pass Bush's tax cuts for the rich. Bush signed these tax cuts for the rich into law.

Now we have a Social Security fund which should be solvent though 2042, but thanks to the tax cuts for the rich, we have a 2004 budget deficit of $477 billion.

Greenspan's answer is to keep the tax cuts for the rich, but cut what recipients of Social Security get, he announced last Friday ("Greenspan's Social Security Alarm," CBS/AP, Aug. 27, 2004.)

John Kerry, by contrast, wants to reverse the Bush tax cuts for families making over $200,00.

We and our relatives probably won't receive the amount of Social Security we expect unless John Kerry is elected in November.
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Please send a link to my article on how Bush threatens Social Security to undecided relatives and acquainances:

http://www.moveleft.com/moveleft_essay_2004_09_02_bush_tax_cuts_for_the_rich_today_less_social_security_tomorrow.asp

[lanparty]

1. I never believed that whole check thing ..

Bush was just playing money man by borrowing money. It would be like stealing someones credit card, buying a big screen TV for yourself and a George Forman grill as a gift for their birthday.

If they were SERIOUS about stimulus, they would have cut payroll taxes and saved the expense of having to cut so many checks.

[Eric J in MN]

2. kick

kick

[flpoljunkie]

3. Dems need to hammer unneeded tax cuts for rich paid for with your SS taxes

Many people do not understand this at all!

[Eric J in MN]

4. I agree. If Bush wins, he'll be cutting Social Secrity and using the

money for the deficit he caused with tax breaks for the rich.

[cthrumatrix]

5. it's pretty simple - the $$$ given out has to come from somewhere

if the economy doen't grow and bring in other tax revenues

[Eric J in MN]

8. right (nt)

nt

[UTUSN]

6. Through the Web of LUNTZ Focus Group Phrases Is This Demonic Agenda

********QUOTE*****
http://www.salon.com/opinion/feature/2004/08/25/bush_second_term/index.html

And you thought his first term was a nightmare
What Bush has planned for America if he wins.
- - - - - - - - - - - -
By Charles Tiefer

Aug. 25, 2004 | .... Under Bush's slogan of an "ownership society," the Republicans intend a long-term effort, using changes in Medicare, Social Security and taxes to pit better-off and worse-off Democrats against each other, offering all-but-irresistible incentives for some to desert the others -- and any progressive national coalition. .... A second-term Bush agenda will constantly impale Democrats on the dilemma of abandoning their poorer, sicker, older and minority groups, or seeing their better-off, healthier and younger members lured off to the other party. If it sounds like a political nightmare for the Democrats, that's because that's what it is planned to be. ....

********UNQUOTE*******

[Eric J in MN]

7. Then again, how many Democrats, rich or poor, want

Social Security privatized?

I'm guessing close to zero.

[DeepModem Mom]

9. I wish we could get this issue out there --