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View Diary: Why do Republicans hate Social Security? (218 comments)

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  •  No it wouldn't; this presumes that (5+ / 0-)

    SS' finances are unstable (they're not), and it turns a wage insurance program into a welfare handout.

    Furthermore, since it puts SS into surplus, it's basically a backdoor income tax; so those funds that are supposed to go to SS just get loaned back to the general fund.

    An honest approach would be to raise income taxes by 12 points on top incomes, and to leave SS alone until a couple years before the trust fund gets to 100% of payouts (if it ever actually reaches that point).

    Non enim propter gloriam, diuicias aut honores pugnamus set propter libertatem solummodo quam Nemo bonus nisi simul cum vita amittit. -Declaration of Arbroath

    by Robobagpiper on Fri Sep 23, 2011 at 08:22:39 AM PDT

    [ Parent ]

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