Thursday, April 28, 2005

Social Security

I think I have a solution for Social Security that can make everybody happy. First remove the cap on Income eligible to be taxed under the present system. There is no way Ross Perot should be only paying taxes on the first $90k. This will make the left happy because we are raising taxes and only the top few parcent. Because no matter how you look at it the Social Security system is funded mostly on the backs of the lower incomes. The second idea to make the right happy is reduce the contribution made by small businesses. The extra tax burden for small businesses that create the most jobs in this country should be reduced. The Right is always looking to reduce taxes on business. I'm sure there are some number crunchers out there will tell me it won't be enough or I'm Just trying to soak the rich. but it is the rich that have benifited the most these last 4 years and it is the lower income levels that have taken the brunt of falling wages and stagnant job growth. and will continue to suffer the budget cuts that everyone will continue to come, and it sounds like a fair start.