Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: GeneD
Sounds to me like Kerry wants to raise income taxes.
2 posted on 12/03/2002 7:54:43 AM PST by Garden Island
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Garden Island
"Because there is political danger in doing something that could be seen as jeopardizing the stability of the Social Security trust fund, the proponents of a payroll tax cut favor a mechanism of providing relief in the form of a rebate, which would be distributed via the federal income tax system. Under such accounting, payroll taxes would still flow into the Social Security and Medicare trust funds at the current rate, but the rebates would come from the general treasury account where taxes are paid and overpayments refunded."

So let me see if I get this, let's call it a payroll tax cut but use the money from the general fund where Americans that pay income tax pay their taxes. Sounds like an end run to give people who don't pay tax our money....again.
Am I wrong???

26 posted on 12/03/2002 8:22:07 AM PST by sleeper-has-awakened
[ Post Reply | Private Reply | To 2 | View Replies ]

To: Garden Island
Sounds to me like Kerry wants to raise income taxes.

Sounds to me like Kerry wants to be the next Walter Mondale, winning the Democrat nomination and then losing 49 of 50 states in the general election.

28 posted on 12/03/2002 8:23:13 AM PST by Mr. Mojo
[ Post Reply | Private Reply | To 2 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson