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Obama to Push Higher Social Security Tax?
Check out this link and tell Us what you think now...
8 Answers
- Anonymous1 decade ago
Is Obama wanting to raise the SS tax, or index the income for inflation?
Right now if you earn $88,000 or more per year, you are paying the same amount of SS tax. That amount was set in the 1980's and never been indexed for inflation.
So is that what Obama is referrring to? The link doesn't mention it.
And it is an easy fix to the looming SS shortfall.
- Anonymous1 decade ago
That is a link to a website where people whine. So what? I think it takes guts to level with the American people and tell them that you don't get something for nothing. If we don't start managing our nation's finances more conservatively than the conservatives have done under reagan and two bushes then we will go bankrupt.
- Anonymous1 decade ago
Well, we have two options to try and save social security...higher Soc. sec. taxes to cover it or reducing benefits to older Americans...neither one is very popular, but there are only two options
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- yutsnarkLv 71 decade ago
I hope so. Better to be proactive, than to wait until the system goes broke.
- Anonymous1 decade ago
blah.