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Better ways to balance the budget |
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Written by Marc Perkel
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Friday, 12 November 2010 |
The Deficit Commission has suggested that the way to cut the deficit is to drastically cut Medicare and Social Security and raise taxes in gasoline.
I say WRONG! A better idea is to get out of Iraq and Afghanistan, eliminate the Bush tax cuts for the rich, and raise the cap on Social Security payroll deductions from $100,000 to $250,000. Before we start cutting services and increasing taxes for the poor and middle class we should eliminate unnecessary wars and raise taxes on the rich. I don't see why rich people should pay a lower percentage of their income to FICA taxes than the middle class. I'm Marc Perkel — and I approved this message! |