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 Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

JDPriestly

(57,936 posts)
10. He also supports lifting the cap on the payroll taxes.
Mon Oct 19, 2015, 06:31 PM
Oct 2015

I think that is a good idea. The cap is far, far too low.

All income should be taxed to pay for programs that provide the social safety net in our society. This would not be from the same tax portion that funds Medicare or Social Security. It would be an added tax specifically for this person.

Here:

http://useconomy.about.com/od/fiscalpolicy/p/Hillary_Economy.htm

Hillary states that she would require employers to pay for the family leave for new mothers.

She also takes credit for negotiating the TPP.

Now that is an interesting thing, because she is recently said she would not vote for it.

I do not trust Hilary.

I also don't like the idea of the retirement savings accounts. It would be better to better fund Social Security. Who wants to have to do all the work involved in managing investments in their 80s and 90s?

My mother was doing these things in her 90s and although she was great at managing money, very intelligent and well educated, it just upset her unbelievably to do all that business at the age of 95 - 98. It was too much for her. Just going to the bank was a tremendous burden.

If you are rich enough to pay someone to do all that paperwork and watching interest rates and investments for you, then those accounts are no doubt great. But for most of us, they are more trouble than they are worth. We should all be putting more into Social Security and investing that money in American infrastructure improvement which pays us all in the end.

Recommendations

0 members have recommended this reply (displayed in chronological order):

She would like to respond with this: Fred Sanders Oct 2015 #1
Right off, I see problems. JDPriestly Oct 2015 #7
I like the fact that Sanders is going to give a major speech on his vision for America and to Fred Sanders Oct 2015 #9
I listened to the speech JaneyVee posted. JDPriestly Oct 2015 #14
It is a long campaign, as I am often reminded when I point out how much Clinton leads by....so.... Fred Sanders Oct 2015 #22
They both have plenty of time to offer specifics. bigwillq Oct 2015 #2
From her website: BlueCheese Oct 2015 #3
Lots of plans -- and no plan to fund them. JDPriestly Oct 2015 #15
She wants to do all those things as long as they don't upset business as usual. Cleita Oct 2015 #4
didn't Bernie just hill2016 Oct 2015 #8
He also supports lifting the cap on the payroll taxes. JDPriestly Oct 2015 #10
ok two questions for you hill2016 Oct 2015 #12
Usually when Conservatives want to make something "more affordable" Maedhros Oct 2015 #13
Hillary wants to give a tax credit of $2500 to help with college expenses. JDPriestly Oct 2015 #16
$2500 versus free in state tuition... Fearless Oct 2015 #21
Here: JaneyVee Oct 2015 #5
Janey, I watched the whole thing. JDPriestly Oct 2015 #17
All the polls show people prefer Hillary over Bernie on the issue of income inequality!!! reformist2 Oct 2015 #6
Because no one knows where Hillary stands on it. She speaks in tepid generalities. JDPriestly Oct 2015 #11
Read this: JDPriestly Oct 2015 #18
It didn't take very long for me to find out more by searching for "Hillary Clinton tax plan" online. BlueCheese Oct 2015 #19
That's Bernie's plan also. JDPriestly Oct 2015 #20
Latest Discussions»Retired Forums»2016 Postmortem»What are the specifics of...»Reply #10