In typical Democrat word mincing fashion, Obama manged two speak out of both sides of his mouth in about 5 minutes. He will listen to all options on Social Security. But after politely listening he will ignore all options. All except eliminate the cap. But it will not be a tax increase. No, no no. It will simply be a few people paying a "little more" to help starving seniors. So if I pay an extra $5000 dollars in payroll TAXES it is not a tax increase according to Obama. If you say so Senator.
Obama at least is honest enough to say what he wants. He is dishonest in not calling it a tax increase, but he is a politician. He is a Democrat, he wants to raise taxes. Nothing earth shattering there. On the other hand Hillary WILL raise taxes but she won't publicly say she will. Given a choice between a lying Democrat who will raise taxes and a truthful Democrat who will raise taxes, I'll take the lesser of two evils and go with the devil I know. Unfortunately Democrats don't feel the same.
The only person running who has the right idea regarding SS is Ron Paul. His vision is pretty simple. Pay people what they've put in. Only allow those who paid in to get benefits (ie no benefits to illegals). He also has this crazy idea that I can save myself for my own retirement. He has this crazy notion that I don't need federal government bureaucracy stealing 12.4% of my hard earned money and giving it to 75 year olds in order for them to afford their tee times. and because I have this ability to do things on my own sans govt, I should be able to get the hell out of the system.
From his website
Imposing any tax on Social Security benefits is unfair and illogical. In Congress, I have introduced the Senior Citizens Tax Elimination Act (H.R. 191), which repeals ALL taxes on Social Security benefits, to eliminate political theft of our seniors’ income and raise their standard of living.
It is fundamentally unfair to give benefits to anyone who has not paid into the system. The Social Security for Americans Only Act (H.R. 190) ends the drain on Social Security caused by illegal aliens seeking the fruits of your labor.
We must also address the desire of younger workers to save and invest on their own. We should cut payroll taxes and give workers the opportunity to seek better returns in the private market. Excessive government spending has created the insolvency crisis in Social Security. We must significantly reduce spending so that our nation can keep its promise to our seniors.
Crazy isn't it? Might be why Ron Paul raised $5M in one day last week. Lots of crazy people out there with these crazy notions.
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