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wiggs

(8,849 posts)
5. Fine line...but the intent of the dems is to lower payroll taxes for stimulative effects and
Wed Dec 21, 2011, 01:49 PM
Dec 2011

make up the SS shortfall with other revenues. The past tax holiday was paid for by general fund reimbursements so there was no SS impact.

I don't like the precedent of the general fund paying for SS...makes it more vulnerable. But if it's temporary I'm down with it. OR...if allowing it to go back to original rates proves too burdensome and too politically charged next year, THAT'S when you pull out alternative revenue generating solutions like raising the cap on taxable income and kill two bird with one stone...continue to keep payroll taxes low for bottom 10% and then provide additional revenue to keep benefits in place after 2037.

Just like all these things, dem messaging needs to be up to the task of the tactic. And we're not off on the right foot to begin with because most people believe SS is bankrupt or in serious trouble, when it is not. You have to get the basic issue and the fundamentals right to begin with otherwise shifting public opinion down the road is all the harder.

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