Home > Cande = Conjecture & Exaggeration, Fande = Fact & Evidence, Music--The Universal Language, Original Thought, The Economy > Say Good-Bye to Social Security…if this sh*tty bill becomes law

Say Good-Bye to Social Security…if this sh*tty bill becomes law

A “Tax Holiday for Social Security” means that no money goes into the Social Security Savings Account from everbody’s checks. That’s BAD for the Baby-Boom Generation who will be looking to live out the rest of their lives without working every day of it.

Pay Attention People. The Bush Tax Cuts for the Superwealthy were a BAD IDEA in the first place. We need to end them right now. We lost $1 Trillion in tax revenue for roads, bridges, schools, hospitals, National Parks, and on and on…because of the Superwealthy getting $1 Trillion in Tax Cuts under George W. Bush. Now it looks like the Superwealthy are going to get close to $1 Trillion in Tax Cuts under President Obama!?

Nah, somethin’ ain’t right here.

I recommend We, the People, reject the tax cuts for the Superwealthy and simply readjust the top tax-brackets to where they were when Bill Clinton was the President.

* Yes, Obama got an extension of Unemployment Benefits, but that is standard, bi-partisan policy for the last 40-plus years, as Senator Sanders pointed out in his filibuster. “That’s not a concession” from the Republicans, the Senator stated. President Obama got rolled for a bi-partisan policy gimme? While the Republicans got $800 billion in Tax Cuts, most of which go to the Superwealthy? No kidding, the top 1 percent income earners get 25 percent of the tax cuts, if this sh*tty bill becomes law.

source: http://finance.yahoo.com/news/Tax-cut-package-Whats-in-the-cnnm-1700940584.html;_ylt=AknY95cnsx7iIqGteT8kUzO7YWsA;_ylu=X3oDMTE1ZThwOWU4BHBvcwM1BHNlYwN0b3BTdG9yaWVzBHNsawN0YXhjdXRwYWNrYWc-?x=0&sec=topStories&pos=1&asset=&ccode=

EXCERPT:

“Extended income tax rates: $207.5 billion The six federal income tax rates would remain at the same levels they are today: 10%, 15%, 25%, 28%, 33% and 35%. In addition, itemized deductions would continue to be allowed in full for high-income taxpayers.”

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