Since this is just a tax freeze how can it dump more money into the economy? And with Seniors and Ret. Military seeing NO COLA raises for the second year in a row....it means more Seniors going on the dole of food stamps, free commodities, and looking for assistance for their electric bills this winter?
The number of old frail seniors on walkers, canes, in wheel chairs lining up for commodities at my community center has nearly tripled in the last 18 months. They look like the hope has been sucked out of them.
No, they are suggesting by shifting 2% of your Social Security contribution to taxable income and paying people to continue not working will dump money into the economy.
They use different words but this is what they are saying.