ScreamingEagle
Gold Member
- Jul 5, 2004
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- #21
Congress always seems to be intent on "paying for a tax cut".....
We're not hearing much about it.....but it appears that one way to "pay for" the payroll tax cut will be to increase the cost of mortgages....more sneaky fees....
Payroll Tax Cut: How To Pay For It? - Oklahoma City News Story - KOCO Oklahoma City
First, I think that the payroll tax cut is a bad idea. I understand the desire to get more money into the hands of people that will circulate it in the economy. However, a tax cut that means less money in the SS funds is hardly a wise move.
In fact, what we need to do, is immediatly restore the tax structure we had under Clinton. Then add another 5% for those making over 1 million a year. Cap the FICA taxes at $500,000, and make is on all income.
Then start to rebuild our grid, to make it both a truly national grid, and to make it less vulneable to natural and manmade disasters. Pay for it the same way we have paid for the Interstate Highway System.
Water systems in this nation are not only in major jeopardy for many our our metropolitan areas, but many of the existings systems lose nearly as much water as they deliver. Water is one of the key three things needed for survival, we are already seeing the some cities reusing sewage water. Time to go to work on that, also.
Kill the F-35 weopons systems, only spend as much on defense as the next 7 nations combined, and the infrastructure improvement become doable.
we've had the payroll tax "holiday" for a year now and it has not helped the economy in any significant way....another leftie failure to fix....
when is the left going to agree to a pro-growth tax structure to bring jobs back..? taxing the rich isn't going to cut it...
agree with you about the water systems and our grids.....disasters in the making....