“pumps more money that doesn’t exist into the economy, either in debt for your grandkids or devaluing the currency in the process”
Won’t the 2% reduction in Social Security tax now be subjected to state and federal income taxes? IE: if I make $40,000 annually, there would be an additional $800 in income that would be taxed by the federal and state governments.
Essentially, I don’t gain a net $800 , but a smaller amount due to it now having state and federal income taxes applied to it. Yes?