Barrack And Taxes

[Scott]

Go find your favorite source and do some reading on Barracks tax plan.

He wants to raise the top tier tax bracket ( you know people that create jobs ) from 35% to 43%. Then bring back the 50% death tax which is the most bullshit tax ever. And on top of that eliminate the cap for when social security tax stops being assesed on you ( currently $97k ). So if you are in the top bracket your tax goes from 35% to 50% !

Here is a link to the social security part of the plan:

http://www.usatoday.com/news/politics/election2008/2007-11-11-obama-social-security_N.htm

This is on top of repealing the Bush tax cuts.




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[HullBreach]

I tell you, if I could opt out of Social security and instead put that money into an IRA that I managed (What Bush and many Republicans suggested) I'd do it in a second.

This is a great example of a situation where mandatory participation in a government program is the clear loser compared with the free market alternatives out there.

[TampaDude]

I tell you, if I could opt out of Social security and instead put that money into an IRA that I managed (What Bush and many Republicans suggested) I'd do it in a second.

This is a great example of a situation where mandatory participation in a government program is the clear loser compared with the free market alternatives out there.

+1

I would gladly give up everything I have paid into SS so far if I could opt out now.

[Scott]

+2 on opting out !

[BUDO]

+3. Vulgar display of taxation FTL.

[DSG]

Nothing Like working till July to keep some of your hard earned money.

[blurboEK]

I tell you, if I could opt out of Social security and instead put that money into an IRA that I managed (What Bush and many Republicans suggested) I'd do it in a second.

This is a great example of a situation where mandatory participation in a government program is the clear loser compared with the free market alternatives out there.

+1!..er, 4! :lol: