« sterling newbury | | the price of money »
why wonk
when no body gets it
i write on
uncle's
great
payroll tax diversion scameven max isn't bold enough on this one
we need to --pay as you go-- social security now
this is all a shell game since pat and al cooked our goose in 84
its a payroll heist guys
i won't bother to under line thisbut as max sez
other tax sources will be paying
the diff
to the beneficiaries
as soon as the tax collection stops
funding all the pay out
yes it will be a relay the trust fund will cash some of its notes
and unless the feds just reborrow it
the pay back will come out of other revenue streamsbut as some one above pointed out
the payroll tax for the last 20 plus years has been helping
to carry
our defense budget et alwhy??
because we won't tax wealth
or its incomes
like harry T didits all really
simple stuff made complicated
to cover its assmy advice :
right now down shift to a pay
as u go tax rate
and btw we need to immediately
increase the taxable base to cover all earned complike the tax base that funds part A of our family
of medi plansnice eh ??
------------------
well seems one bruce webb
self appointed SSI maven
after reading the above
concluded
moi needed to be admonishedas " a dull tool "
of the rich and powerfulyup
a blind staggering
misperceptionbut i'm nothing if not patient
so i reiterate
----------------
bruce i know this is your power zonebut u may have missed my pitch here
so i'll dilate
and reformulate(oh how i hate to get wonky..but..)
basics tell us all "real; tranfers"
are accomplished
" as u go"...
unless we have joseph's grain reserve to depletesince beyond that
its all accounting anywayall paper magic
one might ask
why the montee ???to let payroll taxes pay what income taxes should
that's the heist.....in a nut shell
i guess diversion is more accurate
a word for it
now as to
pay back max style :
down the road via income tax revenue
Uncle
will pay back
the trust fundsfor his prodigeous borrowings
then at some point
the same stream will flow directly into payments to bene folks
without
the supercalifragalistic
trust fund mediationbut we want more and now right
??this is
just a half way house deal ???
no increasehell we need a stop action and a repayment plan for today
lets
go for the switch back nowreturn the already stolen loot
to its rightful
owners
plus accumulated interest
in the form
of a stream of
personal account uncle owes u X'sthat way
mr webb
we proceed to avoid the continued huge pay roll tax heistings
(diversions)
with a scaled back rate and an expanded base
talk about helping working family types ....
Posted by js paine at November 24, 2006 07:45 PM