Cancel tax cuts for the really rich and Social Security is saved
This from a column in the Washington Post today:
"Rolling back Bush's tax cuts just for those Americans who earn more than $350,000 a year would come close to covering the shortfall, according to the Center on Budget and Policy Priorities. It noted that the CBO's more modest estimates of the shortfall suggest that rolling back the tax cut for those high earners would more than cover the entire problem. "
This is an essential part of the Social Security debate (a debate that is overly-manufactured, and not really where our entitlement discussion should be focused right now). I don't think it would be too hard to convince people that the alternative to any drastic change in Social Security, something that's been working, is simply to roll back tax cuts on people who make more than $350,000. In my mind, this should be the buzzphrase on the lips of anyone who is worried about the direction of the discussion right now.
2 Comments:
My point exactly!
How is taking money from the "really rich" and giving it to SS fixing the problem of SS not having enough money in it? Who gives anyone the right to take money from the "really rich"? SS was designed as a pyrimid scheme to get the government a lot of money up front and a problem for the future. Well, the future is here. Nowhere are the citizens of the united States of America (united is not supposed to be capitalized) guaranteed any benifits from SS. The only reason they are payed is to keep people willing to pay into an investment that has negative returns. SS is completely volintary, but once you sign up for it, it becomes a manditory part of your life. If you don't sign up for it in the first place, you can keep your money and invest it wisely. (Not to mention, away from the greedy hands of the politicians.)
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