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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (21632)6/14/2004 4:28:42 PM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
RE:"1.8% increase in fica taxes seems reasonable to me in a general sense, but at this point I don't want to see *any* increases in fica taxes until republicans are voted out of office because they clearly are using fica as a way to offset their expenditures in other areas as well as tax cuts. If we can get a responsible administration in 04 then maybe this can go through. I am not in favor of *any* fica tax increases as long as those Bush tax cuts are still in place, for sure."

Sounds like a "get bush" thing to me. Hope for the worst until we get him out of there?



To: Lizzie Tudor who wrote (21632)6/15/2004 10:06:21 AM
From: Les HRead Replies (1) | Respond to of 306849
 
The increase probably just extends the date when the operating cash flow turns red. The date for the exhaustion of the trust fund is irrelevant since there's nothing in the trust fund and it implies that the politicians will raise general taxes to make up the shortfall in the interim.


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