--Original title "FICA Jujitsu: REAL? URGENT? YOU TELL ME?"--
I’m going to make the audacious claim that one simple idea has the potential, if Democrats rallied around it as a simple yet signature and structural progressive policy commitment at this precise moment of CRISIS OPPORTUNITY, to be a game-changer for the economy, the country and the electoral fortunes of Democrats, and the historical legacy of the Obama presidency.
Here it is, in two simple parts.
1. Cut the Social Security FICA rate for both employees and employers, permanently.
2. Remove the Social Security FICA income cap, permanently.
A major Progressive revolution can happen if we rally behind the SIMPLE concept of a FLAT, FAIR, LOW and PRO-BUSINESS Social Security tax for EMPLOYERS and EMPLOYEES. This simple idea can destroy the Wall Street / Republican stranglehold on the economy.
Here’s why the American people would be on fire for this wonky idea...
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