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Politics : President Barack Obama

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To: RetiredNow who wrote (103777)11/3/2011 2:45:30 AM
From: bentway  Read Replies (2) of 149317
 
It IS partisan gobbledygook. The SS payout money can come from RAISING TAXES (not mentioned by you) to pay back the borrowed money. Just as we did when we borrowed even more heavily to pay for WWII. During and after WWII, for the next 20 years, the top tax rate was 91%, to PAY for WWII.

taxfoundation.org

What we'd be paying for here are the "Reagan Revolution" tax cuts, the Bush Tax cuts and wars. I think Republicans should pay an extra tax surcharge for voting themselves a 30 year free lunch.
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