The Motley Fool Discussion Boards
Retirement Discussions / Retired Fools
|Subject: Re: Obama on payroll tax||Date: 6/16/2008 11:19 PM|
|Author: SeattlePioneer||Number: 13455 of 19483|
<<Personally, the "donut hole" between $102k and $250k that Obama leaves me scratching my head. Does this make sense to anyone? It seems like a flat payroll tax would be "cleaner."
You had me confused for a while, there, but I agree with you here. If we collectively find a benefit from continuing Social Security (I do), then it needs to be funded by something besides the smoke and mirrors system.
Don't increase taxes, means test benefits.
The problem isn't that taxes are too low, it's that too many upper middle class and upper class people receive benefits from this welfare program.
Why pay benefits to people thatr don't need them?
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|