Re: OT: Rating the President
"O.K. Let's say the millionaires deserve a tax cut because they have been taken advantage of by the system."
OK, we agree here. (:
"W is claiming that EVERYONE is getting a tax cut. "
My understanding is if you pay income tax, OR have children, you are getting a tax cut. To be honest, if you aren't doing either, and are at a workable age, you are a drain on society, and certainly don't deserve to be getting even more money from the government.
"If your in the top 5% make over 128k "
I probably make just under 100k a year, so no, I am not in the top 5% by your numbers. I am not pushing this because it benefits me. I push it because it is the right thing to do. If I ever do make it to the top 5%, I would like to think I was treated fairly.
"but if your not then your being duped"
More of this class warfare argument. Rich versus poor. Well, in America the Rich are the ones persecuted, because they make a smaller voting block than the poor. I for one, would like it to stop, and start giving back to them some of the money that has been taken away.
"If you don't care about Social Security fine just tell people that the money they're paying for Social Security isn't for Social Security and call it what it is: Income Tax."
My understanding is that when you go into deficit spending (which we currently are), you do raid Social Security funds. For a while there when we had a surplus, we were not raiding Social Security funds. It therefore appears to me (and in case you haven't noticed yet, I am not an expert in federal budgets, but my guess is you aren't either (: ), that the 44% of the money that is SS, is not considered a part of the budget money. Only a small fraction is raided when you run into deficit spending. George Bush's plan is that this tax cut will spur the economy which will raise tax revenues, which will make borrowing from SS unnecessary. If we can actually manage to avoid deficit spending for some time, we might be able to better analyze whether the current SS taxes are too high based on the demand of the SS system. If we find, that we can meet the needs of SS with a lower tax rate on it, I am all for cutting it. However, at this point, there is more concern that SS will be inadequate and therefore the tax rate raised. If that occurs, cutting it right now for "everyone" would be sending the wrong message about Social Security.
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