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re: Biden says payroll tax cuts are a BIG MISTAKE.
Posted on 9/15/20 at 2:00 pm to thunderbird1100
Posted on 9/15/20 at 2:00 pm to thunderbird1100
quote:
Republicans could care less about SSI and the such so it's win/win for them.
So this is BS in my mind....if the GOP could care less about SSI as you say why not put the payroll tax break in the CARES Act....it would have been political suicide at that time for Pelosi and Schumer not to pass it because of that. It didn't get in because of Republicans like Turtle, Lindsay, Marco, etc.
This post was edited on 9/15/20 at 2:01 pm
1
Posted on 9/15/20 at 2:08 pm to LSU316
quote:
So this is BS in my mind....if the GOP could care less about SSI as you say why not put the payroll tax break in the CARES Act....it would have been political suicide at that time for Pelosi and Schumer not to pass it because of that. It didn't get in because of Republicans like Turtle, Lindsay, Marco, etc.
To be fair nobody has really cared about SSI that much, it's set to be insolvent in less than 2 decades as a program by itself and the returns on it are hilariously low compared to most other forms of retirement investments now if you know anything about what you're doing. It's needed to die its death and move things towards IRAs anyways, problem is way too americans have no clue how to save for retirement so there has to be some sort of transition period there.
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