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The Social Security tax that taxes SS benefits!!

Should we be taxed on our SS tax benifits?

  • yes

    Votes: 3 27.3%
  • no

    Votes: 8 72.7%

  • Total voters
    11
  • Poll closed .

PureX

Veteran Member
Ronnie Rayguns was indeed a tax & spend type, but he wasn't either the
first or the last to raid the "trust fund", ie rely upon the excess of income
over disbursements to subsidize the general fund. Obama is the reigning
king of that. We'll see if Trump can topple him as the spendiest.

From......
Reaganomics - Wikipedia
We find....

So under Reagan, the deficit actually fell by the end of his 2nd term.
The graph, and the deficit, have nothing whatever to do with the issue being discussed, which is presidents stealing from Social Security and not paying the money back. Reagan was the first to do it, and they all did it after him, except Obama. All the graph shows is that "trickle-sown" economics was slightly less of a failure, though still a massive failure, his last two years in office.
 

Revoltingest

Pragmatic Libertarian
Premium Member
The graph, and the deficit, have nothing whatever to do with the issue being discussed, which is presidents stealing from Social Security and not paying the money back. Reagan was the first to do it, and they all did it after him, except Obama. All the graph shows is that "trickle-sown" economics was slightly less of a failure, though still a massive failure, his last two years in office.
The deficit has everything to do with SS being unfunded.
Raiding the SS surfeit to fund general government operations
increases the risk of SS benefit cutbacks, eg, not keeping up
with inflation, means testing, taxing one's benefits.
 
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