Larry King: Arianna Huffington talks campaign strategy with panel
October 22, 2008 in Barack Obama, democrats, John McCain, karl, rove, obama,biden,sarah,palin,mccain,john,michelle,o'reilly,politics,white,house,democrats,republican,ron,paul,teen,mothers,barack,barrack, McCain, Obama, Palin, Republican, Sarah Palin | Tags: Arianna, campaign, CNN, Huffington, King, McCain, Obama, post, Robocalls, Rovian, smears, socialist, strategy, tax policy
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October 23, 2008 at 5:40 pm
Charles
Obama’s tax plan will destroy the Social Security system.
Obama says his income tax plan will lower taxes for 95% of Americans. There is just one problem with this, 40% of Americans already pay no income tax. Obama’s response to this is that these people pay Social Security tax. Well, that’s not income tax, but a contribution to their retirement plan. So if he wins and implements his tax plan, for the first time in the history of Social Security, 40% of the people who will get retirement benefits will have paid nothing for them. Social Security will then loose all pretext of being a retirement plan, and will become a national welfare program.
This will cause Social Security to lose public support in a massive way. Leave Social Security contributions out of income tax plans. If you take some peoples income taxes to pay others Social Security taxes, Social Security will be destroyed forever.
http://strategicthought-charles77.blogspot.com/2008/10/obamas-tax-plan-will-destroy-social.html
October 23, 2008 at 8:02 pm
cole55