Posted on 07/18/2011 6:36:22 AM PDT by rhema
Geez, they published an article with a fudge-fest like that? You’d think they’d know that both California and federal income tax systems have multiple brackets.
You are absolutely right. Way too many people—including a lot of conservatives—seem to think there is someone out there who will be able to pay back the trust fund so that they can get their full benefits without a massive tax increase on young adults in their 20s and 30s. I always tell those people that if they want to know who took that money, take a look in the family album at a picture of grandma and grandpa, or look at the headstones in the graveyard. There is no easy answer. Either cut Social Security and Medicare or raise taxes on young people who really didn’t create the mess and are probably not very well of economically.
You know the commercial the rats ran against the Ryan budget to win that house seat in NY where they pushed grandma off a cliff?
We need to do an equally effective ad and tie it to the babies and grandchildren.
Maybe show a new born and then show that baby 5 years later (older) and starving for food. Then show them working as slaves to teh state when they are 12 just to pay for the bloated government. Then say this is what the Democrats want for your future. Vote to stop the democrats from destoying your childs future.
I always thought a good commercial would be showing a loving grandma and grandpa getting a visit from their teenage grandson or granddaughter. Then show the grandparents sneaking into the kids room at night and stealing money out of their wallets.
That’s good, but it will cause us to lose because the old people will be ticked off. You need to paint the government as the thief not granny.
My company has a "key employee" program that permits salary deferral. If the rates become intolerable, I can do the equivalent of sitting on my hands by having a significant part of my salary deferred. There is a risk. If the company becomes insolvent, I may never get that money. The alternative is to take it and lose 70% to taxes. I'm risking losing 100% versus 70%. If the approach works, the deferred salary could be drawn at a future time when my annual income is lower or nil e.g. retirement. Likely a lower tax bracket at that time.
Wow - warm up the crystal ball!!!
Let me take this one Alex Trebek, “What is becuase foreign aid is less than 1% of the budget”
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