That didn't take long.
Eggster demonstrated that Social Security will run out of money, and Obama proposes a tax hike to fix it.
A tax hike on those earning more than $109K, which, IIRC, is LESS than $250K.
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Wisconsin native. "The true soldier fights not because he hates what is in front of him, but because he loves what is behind him."--GKC "Liberalism is the modern and morbid habit of always sacrificing the normal to the abnormal" --G K Chesterton "The only objective of Liberty is Life" --G K Chesterton "A man can never have too much red wine, too many books, or too much ammunition." -- Rudyard Kipling
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1 comment:
If memory serves, eliminating the cap on the portion of the FICA/self-employment tax that goes to Social Security would only extend solvency for a couple years.
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