In 1981 PresReagan appointed Alan Greenspan as chairman of the Social Security reform commission. Its job was to come up with a plan to reform Social Security and make it fiscally solvent once again. That is exactly what happened. Social Security taxes did go up, from 4.8% to 5.7% (Today 6.2%). Reagan achieved reform with a hostile House controlled by the Dems. A compromise of sorts.
FWIW ....
“In 1981 PresReagan appointed Alan Greenspan as chairman of the Social Security reform commission. Its job was to come up with a plan to reform Social Security and make it fiscally solvent once again. That is exactly what happened. Social Security taxes did go up, from 4.8% to 5.7% (Today 6.2%). Reagan achieved reform with a hostile House controlled by the Dems. A compromise of sorts.”
Reagan’s biggest tax increase. YUCK.
If we let SocSec taxes get raised again to “save” social security , we are only chipping away at our economic freedom and our prosperity. bleeech.
I know you like Reagan...obviously by your name. I think Reagan was a staller ie he said we’re walking in a direction, but we should be walking that way.
Rudy just speeds that bad direction up. Hillary is one step ahead of Rudy...in the wrong direction!