To: ex-snook; tobyhill; driftdiver; lacrew
lacrew,
Bingo, you ID’d the big lie. This isn't a federal income tax cut, this is a cut in taxes paid to the Social Security trust fund. Social Security already has problems, will the difference be made up from the general budget funds at some future point?
To: Red Dog #1
All taxes go into the general fund, there is no trust fund, lock box, whatever. The only reason the U.S. is not bankrupt is people still by our bonds, hoping somehow we’ll pay them back, of course they will never get there money back, the last person at the party will get stuck with the bill, like MF Global, Corsine got his, he dosen’t care what happens now!!
31 posted on
12/22/2011 4:54:48 PM PST by
qman
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