The best news about Biden's preparation for his new job

[malaise]

He's been studying FDR and the new deal. That is what is required -emphasis on the social good must be #1 on the economic agenda.

[whathehell]

1. Yes!!

Best news of the morning!

[AZ8theist]

2. REPEAL AND REPLACE THE TRUMP TAX SCAM.

Jack up the top tax rate to "the good old days" of the 1950's........90%

Then use the money to shore up Social Security, expand Medicare and Medicaid, pump money in public schools and infrastructure.

Eliminate tax subsidies for oil, and use the money to expand clean energy.

Then use the excess left over to hire 10,000 FBI agents to infiltrate and eliminate the white supremacist Nazi terrorist groups and militias poisoning our country.

[SammyWinstonJack]

3. In a perfect world......

[ronatchig]

6. I would add

Remove the income limit on the Fica tax. Also think about uping the employer contribution for corporations.

[AZ8theist]

8. Agreed

[augyboston]

10. Spot on!

When the purchasing power of social security has declined by over thirty percent since 2000, something has to be done to increase the benefits.

We should also create a new senior based SS COLA system that more realistically reflects senior health care costs.

[pazzyanne]

11. Yer!!! nt

[mopinko]

13. that wont happen.

scrapping the cap is a bad idea. raising the limit is fine, but it isnt a tax.
if you scrap the cap, you have to also scrap the max on benefits. i dont think bill gates needs social security checks in the 10's of thousands.
just tax ppl properly on their income and dont hose up ss. it undermines the while thing. teddy kennedy told me so.

[JustABozoOnThisBus]

16. The more you put in, the more you get monthly, but ...

it's not a simple calculation. If you put in twice as much as your neighbor, you will probably get 150% as much back. So if you put in five times as much as your neighbor, you probably get 175% back. It's a sliding scale, and ends at some known limit.

Scrap the cap. Bill Gates might get 5000 per month; he won't get millions.

[mopinko]

18. scrap the cap and it isn't an insurance program any more.

it's not a honey pot. disconnect inputs from outputs and it changes the very nature of the program.
it's intended to insure MIDDLE CLASS PEOPLE. keep it a middle class program.
soak the rich on their income tax.

if you think it is under siege now, start making some people put in more than they get out and see how far you get.

this was bernie's worst idea. he lost. twice. so should his ideas.

[ronatchig]

25. I paid 7.5% on my entire income,

I don't think making the top incomes pay the same is so unfair. I would settle for a .0001% tax on stocks sales. That way corps. are chipping into employees retirement.

[augyboston]

9. Add more brackets as well.

Totally agree with all aspects of your post.

I would add that we need to add more tax brackets as well.

My son; who has a healthy income and has no issue with paying taxes, did point out to me that he should not pay the same marginal rate as Lebron James.

[JustABozoOnThisBus]

17. I doubt if your son pays the same marginal rate as Lebron.

Lebron should have tax accountants and attorneys setting up corporations so he pays a far lower rate than your son.

More brackets is not the answer. Fewer tax dodges might work.

Any change will have to pass a senate which still has a filibuster.

[moonscape]

24. And reinstitute inheritance tax for multimillionaires.

Sorry Trump kiddies. Oh wait, maybe your dad won’t have more than 1 million left after all in which case you kids claw each others eyes out for your share. Hey Tiffany, was becoming like them worth it now?

[DeminPennswoods]

4. He needs to find his Frances Perkins and Harold Ickes

then.

[Bernardo de La Paz]

5. Interesting how we never heard about tRump studying anything before taking office or during. nt

[pazzyanne]

15. Well, we do know what his bedside book was.

I'm not sure he wasn't studying Mien Kampf based on the things he has done during his tenure, however.

[malaise]

19. He was studying how to con the planet

and his followers

[frazzled]

7. Biden has been preparing for his new job for 48 years

Just saying.

[GopherGal]

21. Step One: have a soul

Step Two: Grow past toddlerhood and into a fully functioning adult

Two steps further than 45 ever got

[Roy Rolling]

12. One more day.

We can remove the asterisk from the word president*.

[jaxexpat]

14. ......for the second time this century. just to be clear.

[catrose]

20. That makes me feel better about him thsn any ad or testimonial

[Stuart G]

22. Kick and Rec..for all to see...no text..

[Blue Owl]

23. K&R

[demtenjeep]

26. Biden is the right man for this time

this job

[malaise]

27. He is the first President to call out white supremacy in an inaugural address

That says a lot