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To: justlurking
This time, they are right to just extend it, with no restrictions.

No. They're wrong. It shouldn't be extended at all.

It's 1/6 of the funding for Social Security. If they can't make that clear, they really do need to be thrown out.

8 posted on 02/14/2012 9:38:54 AM PST by BfloGuy (The final outcome of the credit expansion is general impoverishment.)
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To: BfloGuy
No. They're wrong. It shouldn't be extended at all.

Actually, I agree with you. But, this is a case where the GOP might win the battle, but would lose the war.

The Misleadia will demagogue the Republicans for increasing taxes on the poor and middle class, while fighting to preserve the "Bush tax cuts for the rich" (never mind that the poor got a tax cut then, too -- reducing their federal tax bill for some of them to less than zero).

I thought I read that Santorum has suggested that the payroll tax be restored, but give wage earners the option to contribute that extra 2% to a 401(k) instead of Social Security (reducing the wage base used to calculate benefits). I think that's a great idea, but the Democrats would never allow it.

9 posted on 02/14/2012 11:07:36 AM PST by justlurking (The only remedy for a bad guy with a gun is a good WOMAN (Sgt. Kimberly Munley) with a gun)
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