BREAKING: Pence Supports Privatizing Social Security
Mike Pence announced one of his first policy positions of a potential 2024 campaign — partial privatization of Social Security, echoing extreme calls from Republicans that could put this critical program at risk and making it clear where he stands on what will be a key 2024 litmus test.
In response, DNC spokesperson Rhyan Lake released the following statement:
“Pence’s shameless support for partially privatizing Social Security is the latest salvo in his extreme agenda. As GOP hopefuls compete to capture the 2024 MAGA base, Pence and the rest of the prospective Republican field will continue to push for extreme proposals that could put Social Security and Medicare at risk.”
In one of his first policy proposals as he eyes entering the 2024 race, Pence backed partially privatizing Social Security.
Gutting Social Security has been on the Republican agenda for decades, generations.
How much more should the rich pay?
A rate higher than what a girl in Warren Buffett's secretarial pool pays, that's for sure.
@Flyingsaucesir You understand that they already pay 87% of all US taxes don’t you???
@CourtJester Ha ha ha! Your 87% figure is more than double the typical Republican lie. Where did you get it? Faux News? Even the Right wing-nut figure of 40% is way off, because it does not take into account the FICA taxes (which include Medicare and Social Security), which apply only to the first $148K in personal income. It also does not take into account state and local taxes, which impact ordinary people far more than they do the super rich. Also, the rich can write off many of their ordinary expenses as business expenses. The limousine, the yacht, the jet, the apartment in Manhattan, the dinners at expensive restaurants, etc, etc., all write-offs, because they use all these things to entertain clients, travel to business meetings, etc. Further, a large portion of wealthy people's income is unrealized capital gains (from rising value of stocks and other assets) which are not taxed at all. And then there are the assets that are hidden behind layers of front business in offshore accounts. So the wealthy end up paying far less that commonly reported. The actual figure is closer to 8% when it's all said and done.
Now watch what I do CJ. I'll take this reply to your ridiculous, trolling question, turn it into a stand-alone post, add some links with supporting evidence, and reach an even wider audience. Thank you CJ! You just helped the cause of justice in taxation!!!
Where’s the links?
And how much of someone else’s money are you entitled to???
@CourtJester See the posting.
@Flyingsaucesir
I didn't think so.