11 Nov
Posted by macranger as 2008 Election
The lastest, Obama:
“Democrat Barack Obama said Sunday that if elected he will push to increase the amount of income that is taxed to provide monthly Social Security benefits.
Obama and other Democratic presidential candidates previously have signaled support for this idea.
But during an interview on NBC’s “Meet the Press,” Obama said subjecting more of a person’s income to the payroll tax is the option he would push for if elected president.
He objected to benefit cuts or a higher retirement age.
“I think the best way to approach this is to adjust the cap on the payroll tax so that people like myself are paying a little bit more and people who are in need are protected,” the Illinois senator said.
“That is the option that I will be pushing forward.”
Currently, only the first $97,500 of a person’s annual income is taxed. The amount is scheduled to rise to $102,000 next year.
Obama’s proposal could include a gap or “doughnut hole” to shield middle-income earners from paying more in taxes, he said.”
(Holding my nose in hand faking a sneeze “buuulllllshhitttt”)
Democrats must think the American people are stupid, it’s the only explaination for even the suggestion of raising taxes in an election year. Even more crazy when the last thing anyone wants to hear is how they’ll have even less money if a Democrat takes the president’s seat.
Note whenever you see tax cuts for the middle class it means “We gonna take your ass off”.
4 Responses
Chuck Adkins » Obama says he’ll tax more income for Social Security.
November 11th, 2007 at 8:46 pm
1[...] Other Bloggers on this Subject: Paul Krugman, Say Anything, Viking Pundit, Middle Earth Journal, Macsmind, UrbanGrounds, theneweditor.com and A Tiny Revolution and More - Memeoradum [...]
Webloggin - Blog Archive » Democrats Fragmented on Social Security, Obama Just Plain High, Same ‘ol Clinton, Thompson (R) Provides Details
November 12th, 2007 at 7:16 am
2[...] Also: Free Frank Warner, Below the Beltway, Fantasy Politics, Huffington Post laugher - Senator Obama, Please Stop Echoing Right-Wing Lies About Social Security!, Talk Left, Macsmind Share Article Hillary Clinton, Barack Obama, Social Security, tax, Fred Thompson Sphere: Related Content Trackback URL [...]
Right Voices » Blog Archive » On Obama: “This guy is so far off the Democratic party reservation I don’t know where he’s planting his primary flag, but it’s nowhere a progressive Democrat or our party should willingly g
November 12th, 2007 at 8:10 am
3[...] Macsmind: Democrats must think the American people are stupid, it’s the only explaination for even the suggestion of raising taxes in an election year. Even more crazy when the last thing anyone wants to hear is how they’ll have even less money if a Democrat takes the president’s seat. [...]
Stop The ACLU » Blog Archive » Nutroots Turn on Obama
November 12th, 2007 at 8:13 am
4[...] Michelle Malkin points to an interesting development. Democratic Presidential candidate Barack Obama made a fatal flaw on last night’s Meet the Press. He acknowledged that there is a Social Security crisis and offered his very liberal idea of a “solution”….which of course is a tax increase. ‚ÄúI think the best way to approach this is to adjust the cap on the payroll tax so that people like myself are paying a little bit more and people who are in need are protected,‚Äù the Illinois senator said. [...]
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