Stimulate the economy, Save Social Security AND cut taxes!!!

Every year, the government collects about 650 Billion dollars through social security taxes.  Let’s stimulate the economy in 2009 by not collecting that 650 Billion dollars.  Neither employee or employer should pay in 2009.  In return, the retirement age permanently goes up by one year. 

Of course, the government has to borrow the 650 Billion, but the proposed stimulus package contains plans to borrow more than that.

I recognize that the one year delay in retirement needs to be graduated in some fashion, so that people close to retirement age are less effected.  Let the wise men and women in Washington work out one of those compromises that if you’re born before 1950, it’s a 1 month delay, and so on and so on.

The social security tax is highly regressive, so this plan will help those that need help the most.  Rich people will probably complain this plan doesn’t help them.  Awww, everyone has to sacrifice somewhere.  Someone just pointed out, social security is not a tax, it’s a contribution.  Point noted, but not accepted.

It’s been argued that tax cuts don’t stimulate the economy.  That people make the mistake of saving the cut or they foolishly pay down debt.  That might be true in some Keynesian theoretical model, but for me, if we collectively agree to this proposal, then I promise to spend every dime of this temporary tax cut.

Unlike the proposed stimulus plan being kicked around in Washington, this plan immediately kicks in right now.  No waiting years for plans to be drawn up and shovel ready contracts to be bid out.

Comments

[Ellaju]

There are a lot different path ways to get some information close to this good topic . And I propose to buy essay and custom writing or written essays using the very good writing services.

[PowerPoint Presentation Slides]

Hi,
I don’t completely understand your point. I agree with Ellaju that may be more ways to understand this topic more closely. Hope to see further elaboration regarding your topic. Thanks.

PowerPoint Presentation Slides

[JESSICA31mM]

That can be really practicable to purchase thesis proposal about this post in the thesis writing service particularly when you are pressured for time.

[SARAHqr]

Thanks a lot for the perfectly done story referring to this post. But to detect the perfect custom writing some persons have to get know about buy term paper.

[XKOlivia]

Commonly, teachers want to check out the term paper creative writing ability of their students, nevertheless not all students can to write correctly because of lack of time or other things. Therefore, a classification essay service is able aid to compose the argumentative term paper very fast.

[generic viagra]

How can increasing government jobs or increasing wages at government jobs stimulate the economy?
If to pay that government worker the government must create more money (diluting the value of the dollar) or take the money from other people (taxes)?

[Buy Term Papers]

Hi,
Increasing government jobs and government employees salary are not able to stimulate the economy.

I completely agree with you that if the taxes are cut economy maybe stimulated.

Buy Term Papers

[ClubPenguinCheats]

Someone just pointed out, social security is not a tax, it’s a contribution. Point noted, but not accepted.

[Serena]

Thanks! One of my favorite rapidshare SE ( http://filecraft.com ), with its help it's possible to find almost everything.

[credit loans]

The loans seem to be useful for people, which would like to start their own company. In fact, this is not very hard to receive a bank loan.

[buy baclofen]

Every year, the government collects about 650 Billion dollars through social security taxes

[generic viagra]

Connectivity is changing how information is created and distributed and conversations between consumers build brands more than communication strategies do

[chanel handbags]

Every year, the government collects about 650 Billion dollars through social security taxes

[nexium 40 mg]

I would like to appreciate the great work done by You,Please continue posting like this..

[agent taobao]

*One of these days is none of these days!!!

[web design company]

Very informative and helpful. I was searching for this information but there are very limited resources. Thank you for providing this information.

[Louis Vuitton Outlet]

It is mightily convenient, if you deprive your citizens of political liberties, to portray these as a bourgeois luxury.

[Air Jordan]

To me, clowns aren't funny. In fact, they're kinda scary. I've wondered where this started, and I think it goes back to the time I went to the circus and a clown killed my dad.

[Careprost]

Hola,
Ha hecho un trabajo muy bueno. Hay muchas personas en busca de eso ahora van a encontrar suficientes fuentes por tus consejos.
espera para obtener más consejos acerca de que

[ClubPenguinCheats]

I agree with Ellaju that may be more ways to understand this topic more closely.

[Generic Viagra]

Please one more post about that.I wonder how you got so good. This is really a fascinating blog, lots of stuff that I can get into. One thing I just want to say is that your Blog is so perfect.

[ファロム]

Great tips, I would like to join your blog anyway,

[Generic Aceon]

Hola,Ha hecho un trabajo muy bueno. Hay muchas personas en busca de eso ahora van a encontrar suficientes fuentes por tus consejos.espera para obtener más consejos acerca de que

[Networking solutions]

There are may person searching about that now they will find enough resources by your post,

[careprost]

Really great post, Thank you for sharing This knowledge.Excellently written article, if only all bloggers offered the same level of content as you, the internet would be a much better place. Please keep it up!!!