Not at all; I just observe that you are incorrect in your presumption and that as the economy benefits from the FairTax effects, the CPI will very likely be stable or decrease, not inclrease.
And since you haven't been able to read the Omnibus Act why is it you have the temerity to presume it has no effect?? Your extreme arrogance is showing, Nightie. You guys are merely fixated on predicting only one-way detrimental things about the FairTax. It never seems to occur to you that there is just as well an upside that is probably more likely.
Not at all; I just observe that you are incorrect in your presumption and that as the economy benefits from the FairTax effects, the CPI will very likely be stable or decrease, not inclrease.If the CPI is lower, SS payments are still 30% higher because of the FairTax. Geez.
And since you haven't been able to read the Omnibus Act why is it you have the temerity to presume it has no effect??I didn't say it had no effect, I trying to explain that it probably amended the Social Security Act - just like the FairTax bill would. The FairTax specifically states "Subparagraph (D) of section 215(i)(1) of the Social Security Act (42 U.S.C. 415(i)(1)) (relating to cost-of-living increases in Social Security benefits) is amended to read as follows." The "42 U.S.C. 415(i)(1)" refers to the U.S. Code (you know, the codification of the laws of the United States), specifically the codification of the laws dealing with "Cost-of-living increases in benefits." If the Omnibus Reconciliation Act of 1981 had modified the laws regarding this point, it almost certainly amended the Social Security Act.