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Doing the Social?

Doing the Social?

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Old Dec 11th 2004, 2:35 pm
  #1  
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Default Doing the Social?

"President Bush ruled out raising payroll taxes to help pay for Social Security reform on Thursday, leaving him few options other than a sharp increase in government borrowing to bankroll transition costs estimated at up to $2 trillion...."

http://www.reuters.com/newsArticle.j...rc=rss/topNews

Anyone got any thoughts on this?
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Old Dec 11th 2004, 6:14 pm
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Default Re: Doing the Social?

Originally Posted by Bob
"President Bush ruled out raising payroll taxes to help pay for Social Security reform on Thursday, leaving him few options other than a sharp increase in government borrowing to bankroll transition costs estimated at up to $2 trillion...."

http://www.reuters.com/newsArticle.j...rc=rss/topNews

Anyone got any thoughts on this?

his actual line was

"We will not raise payroll taxes to solve this problem"

which basically means.... right now.. to solve THIS problem.. taxes will not go up... but he might raise them next week to pay for his new car
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Old Dec 11th 2004, 6:16 pm
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Default Re: Doing the Social?

Originally Posted by USBound
his actual line was

"We will not raise payroll taxes to solve this problem"

which basically means.... right now.. to solve THIS problem.. taxes will not go up... but he might raise them next week to pay for his new car
Read my lips, "No new taxes!"
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Old Dec 11th 2004, 6:20 pm
  #4  
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Default Re: Doing the Social?

Might come up with a new interesting name for a new tax though
now that could be a new game....hmmm...yeah, i'm bored
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