[kabar]

Obama doesn't understand that the employers also have to match any increase. Hillary was right for once.

Removing Social Security's Tax Cap on Wages Would Do More Harm Than Good--Specifically, eliminating the cap on taxable wages would result in the largest tax increase in the history of the United States to raise $505 billion (in nominal dollars) over five years and almost $1.2 trillion over 10 years. The system's insolvency date would be pushed back only seven years, from 2017 to 2024.

The 1983 solution raised taxes and reduced benefits, including raising the retirment age to 67 for full benefits. That fix was supposed to last for 75 years. We will face the same situation in 2017 that we faced in 1983.

[DoughtyOne]

 

Lulabelle

[Son House]

Pony tail guy is clean cut this time.