Correction to Obama Social Security Solution

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I made an error, in another post "Are you a Socialist?" I noted:

Obama sees his plan as a way of “extending the life of Social Security.” Did he stop to figure that only 3% of all workers make more than $250,000 a year?

The assumption was that workers earning more than $250,000 would pay additional Social Security taxes, but the actual proposal is based on family income of $250,000 or more and it is undecided whether that will include income other than wages (dividends, interest, capital gains, etc.) which have been Social Security since it's inception.

So we now have an idea that gets heavily into middle income territory with a substantial tax increase and the campaign admits that the affect of all this on help Social Security out has not been calcauted by them.

Yeah, I know this is all campaign rhetoric for now and it may never happen, but the mindset of the people thinking this stuff up is what you need to be concerned about (I hope).

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rjwould;897984 wrote: Why didn't you make this post part of the original thread?

Question; What exactly do you mean by "you hope?

Reading the sentence sounds like you hope your correct about your assumption. As in, I hope what you need to be concerned about is the mindset of people thinking this stuff up. But I don't think that is what you intended to say, although its most likely closer what you truly meant..


On reading what I wrote, it is confusing, what I meant to say is that all we have to worry about (at least some of us) is that this is rhetoric, but will not actually happen. but it didn't really come out that way.