General Discussion
In reply to the discussion: All temporary taxcuts should be allowed to expire. [View all]airplaneman
(1,382 posts)Social security is not in big trouble but it will be if we go from 1/6 cutback in funding to 1/2 cutback in funding. Obama's make work pay credit was a good idea that gave 10K a year and 100K a year couples $800 bucks each with no threat to social security. The 2 % give the 10K couple $200.00 and the 100K couple $2000.00 and it threatens the sovency of social security. I am so tired of the bigger income person always getting the better break. The Bush tax cut was a massive dumping of the treasury leaving no money for anything. I too want it to expire and I dont care if it is for everybody. This making a buch of exceptions is never helping anybody but the rich. I want taxes fair and broadbased with people in poverty paying 0 and people at 2x poverty paying only a little, the middle class pays a modest amount and the rich paying the most. All the republicans want wages taxed but not dividens, not interest, not royalties, not capital gains, no death tax, and protection of all the means of wealth creation for the rich. All forms of wealth creation should be taxed. I also think a tax on stock trades and derivative trades at about 0.5% would be a great idea as Europe is considering.
-Airplane
