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View Diary: Why Now is the Time to End the Social Security Tax Loophole (87 comments)

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  •  FDR changed the rules and (0+ / 0-)

    Clinton et al removed the rules. I don't think "the dole" matters much anymore. Just because people pay in doesn't mean they are going to be propped up by their personal investments because the storage mechanisms are not reliable any more.

    So what if it's welfare, if you starve the system, more problems squeeze out elsewhere, and other laws need to be passed to address the shortfall from some other program.

    It's the same way with these corporate tax cuts. Fewer people are employed and more are drawing UI insurance. Except the tax cuts got to stay and the loss of activity is covered by the rest of us in the 99%. It always squeezes out.

    There's no guarantee the system will work for any of us, SS should be for everyone that needs it, and not necessarily based on how they paid in. There's a shadow population out there that makes things work.

    •  GOP loves welfare, welfare Queens to be exact (1+ / 0-)
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      Clem Yeobright

      and thats why the GOP is telling us SS will be broke in 2033.

      Well maybe, maybe not

       photo SStrustees2090-1.png

      SS might be good with wage growth and job creation, thru 2090 as per the Trustees low cost scenario.

       photo SSD2-1.png

      ...... Social Security blogathon March 25th thru March 29th. #HandsOffmySS FDR 9-23-33, "If we cannot do this one way, we will do it another way. But do it we will.

      by Roger Fox on Tue Mar 26, 2013 at 08:04:02 PM PDT

      [ Parent ]

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