Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
In reply to the discussion: Let's try this again: No, Social Security is NOT insolvent. [View all]Taitertots
(7,745 posts)38. I don't buy into the counter productive framing imposed on the situation
Calling it an entitlement doesn't change the fact that it is a regressive tax that directly transfered 2.5 trillion dollars from workers to the wealthy.
We don't need to accept either going directly to all income tax or a harsh regressive taxation scheme. Remove the cap on FICA, remove the exemptions, don't spend the excesses, and move to a progressive tax rate. That solves everything.
Edit history
Please sign in to view edit histories.
39 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
It would have been helpful if the President hadn't idiotically made deficit hysteria..
girl gone mad
Dec 2011
#1
Who would trust the administration to protect Social Security at this point?
girl gone mad
Dec 2011
#20
No one has argued that? There have been DOZENS of assertions of that just on DU.
TheWraith
Dec 2011
#36
Thank you. It really irked me that every Republican presidential candidate said "we all know ...
Scuba
Dec 2011
#4
you are correct. Plus, where some of this meme came from was when FICA revenues fell short of
wiggs
Dec 2011
#6
Well, THAT should stop Republican demagoguery and fear-mongering on the subject
gratuitous
Dec 2011
#14
Our reserve currency status is not very important in the scheme of things.
girl gone mad
Dec 2011
#22
EXACTLY!!! It pure GOP bull shit JUST like the GOP under the Bush administration put the USPS
Justice wanted
Dec 2011
#23
At some point government income is going to have to exceed government expenditures..
Fumesucker
Dec 2011
#28
Investing the social security trust fund in government securities was a stupid move
Taitertots
Dec 2011
#29
Your plan has to assume that income taxes on the rich could have been raised instead
muriel_volestrangler
Dec 2011
#31
The money was taken from the workers to support huge tax decreases on the wealthy
Taitertots
Dec 2011
#39