This is historical material “frozen in time”. The website is no longer updated and links to external websites and some internal pages may not work.

Propose no new tax on Senior Social Security Benefits. The idea of chaining the CPI.

Created by J.C. on April 05, 2013

Social Security and Medicare have nothing to do with the national debt. They have their own income streams. The majority of the national debt has come over the past 30 some years by military expenditures and reduced taxes on the wealthiest people. When Reagen took office the national debt was about 1 trillion dollars and when he left it was 3 trillion dollars. When GW Bush started two wars their was no funding by a war tax on the munitions suppliers and the wealthiest who benefited to defray the costs This reckless spending on defense is what is causing the debt. At the same time Reagan started taxation of social security and raised the per cent rates. These raises from the backs of the working class enabled the Republican Party to give their wealthy backers fat tax cuts.

Economy & Jobs
Return to top