Login  /  Register  | 3 premium articles left before you must register.

Tax super wealthy to save Social Secuirty

Steven Danenberg Old Lyme

Publication: The Day

Published 10/11/2012 12:00 AM
Updated 10/10/2012 04:07 PM

The no-taxes-whatsoever-at-anytime-no-matter-how- reasonable zealots have created gridlock in Congress with their dogmatic, no-compromise stance. The close-minded narrative of this taxes-are-theft crowd has all Republicans, too many hardworking Americans, and most pundits believing that America can no longer afford Social Security. "America is broke!" is an all too familiar refrain.

The fact is, the United States has abundant wealth. However, tax policies, tilted in favor of the rich for the past generation, have rigged the process, concentrating wealth in the hands of a tiny minority of Americans. Not needing Social Security, these self-proclaimed "producers" and "job creators" are unwilling to pay their fair share to preserve Social Security. Instead, they arrogantly label 47 percent of their fellow citizens as government-dependent "moochers."

Any rational, fair-minded individual understands that deficits can and should be resolved with increased revenues, not entirely with spending cuts. Eliminating the income cap on Social Security payroll taxes would secure this vital government program - without cuts - for most of the 21st century.

Save Social Security. Vote a straight Democratic ticket.

Town News

Visit Zip06
Submit Your:  Submit Your News Submit Your Photos Submit Your Events
Most Recent Poll
Mitt Romney and other conservatives have called for the end of government subsidies to public broadcasting. Do you think tax dollars should go to PBS and NPR?
Yes, it's a public service that enriches our lives and deepens our understanding of issues.
Yes, it's a minuscule fraction of our budget. This is a silly conservative talking point, not a real issue.
No, my tax dollars shouldn't go to paying the salaries of liberals at NPR and PBS.
No, I love public broadcasting but I think these organizations are capable of supporting themselves.
Number of votes: 1184

No current items found

No current items found

The Day on Facebook

In the past two weeks our Facebook fans have won tickets to the CT Tigers, Newport Winefest and Mystic Seaport. Become a fan of The Day on Facebook for access to these contests, breaking news, TheDay.com's best features and more!