Quote:
Originally Posted by ajmccarrell
Before raising it, you should always make sure that we're not in a downturn. Doing it right now would kill any hope of recovery we may have.
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I was talking about you cap of benefits not going to those making $50,000 or over. I'd raise that cap tp $100,000 for the retirees.
But, in the end, taxes will have to be raised to pay for the folly pf the Bush Administration and the trillions of other dollars it will cost us to get out of the current mortgage crisis, which just about every economist suggests in in its infancy.
I do think, however, that a switch to the fair tax right now would alleviate the issue (the rich would atually pay more and the poor less mind you) and greatly bolster the economy.