Obama tax cut could hurt Social Security

I say cut payroll taxes and Social Security be damned. I don't expect to ever see a dime of SS, so why should I continue to pay into it? FDR's Ponzi scheme is at the point of collapse, just like Madoff's.

Baloney, these con artists are looting the Social Security Trust Fund even more than in the past. If a Republican tried this, AARP and the blue hairs would be raising a hue and a cry, and old codgers would be waving their canes and walkers while demonstrating in the streets. The media would be endlessly repeating about the evil GOP throwing grandma in the street by taking away her social security for a tax cut. This is just going to shorten the fuse on the coming entitlement time bomb. So much for the Social Security lock box that the Dems kept talking about during the 2000 election.

The Democrats buy votes with promises of handouts! If you pay taxes you get screwed. The 40% that don’t pay get a check! The same people that brought us Sub-Prime, Failures at Fannie Mae & Freddie Mac Now bring you more goodies What will happen when the Federal Government defaults on its debt obligations? They can’t walk away and declare bankruptcy!

What will a new Obama Administration have to give up to Democratic Party committee chairs to get part of what has been promised? How many pork projects will be re-titled job producing incentives? How many campaign coffers will grow to get bill passed? Will Democrats who were free mudslinging at the Illinois Governor and Jr. Senator investigate/or release investigation results of Charlie Rangel's problems with reporting income ETC.? Will this double standard continue throughout an Obama Administration?

Think they should add a tax on those who earned huge sums in the real estate scams and one to those who had voted for tht idiot Bush

Hey TyinPS Were you asleep when "Bendover Barney" was sputtering before the lockstep media about the bad Bush administration for trying to reign in Fanny and Freddy or is your problem the usual liberal selective recall of the facts? Oh yes and do not overlook "Call me Chuck" Schumar.

"One AARP official said that a reduction in the amount withheld from worker paychecks could be designed as a credit that would not reduce the payroll taxes that are credited to the system's trust funds or the amount that would be credited to each worker's future retirement checks." Translation - Some people don't have to "contribute" to their SS but still get the full benefits they would get if they did pay the taxes. TypinPS - Why the Bush comment? Up until Democrats took over Congress two years ago, things were going pretty good economically. Once Dems took control of Congress, it has all been downhill. And now that Obama has been elected, the race to the bottom has really accelerated. Newton showed us F = M*A and hence A = F/M. In this case, M = "mental capacity of Democrats" - hence the huge increase in the acceleration we have seen since the election.

Those who call the SS system a ponzi scheme understand neither the SS system or ponzi schemes. Nor am I going to waste my time giving the willfully blind canes. The deficts we have run up over the last 8 years are too big. Something has to give. We have at most a couple of years of tax and spending stimulus' to get the economy jump started before we MUST increase taxes and reduce spending to reduce the staggering debt load we are carrying. Times up. The old game of blaming Dems for spending and Pubs for tax cuts for the rich are over. Both sides MUST give up the ideological fixed positions they have entrenched themselves in or we will be facing a greater crisis then the current one. Another crisis of even greater magnitude may undermine the basic political structure of our gov't. No one will want this.