Subj : Social Security Going Bro
To   : EARL CROASMUN
From : BOB KLAHN
Date : Mon Nov 18 2013 11:41:54


 ...

>> As I pointed out, the accelerated tax increases accounted for,
>> by the Greenspan commission's own report, only about 25% of the
>> increased revenue.

 EC> You started off talking about the tax increase.  I am the

 And it was a tax increase.

 EC> one who had to explain to you that the law made a variety
 EC> of changes apart from just the rate increases that you

 Where did I use the word "rate"?

 EC> wanted to talk about.  You wanted to attribute all of the
 EC> amount to the higher tax rates.  That was a couple of

 Where did I use the word "rate"?

 EC> months ago.  It is good that you are starting to change
 EC> your story, even if you aren't willing to do it openly.

 My story is the same, the increase in social security taxes gave
 the Reagan administration more money to spend. BTW, the
 accelerated taxe increases were rate increases. Those particular
 increases only benefited the Reagan administration.

 That is the point you are spinning madly to avoid addressing.
 Reagan's people pushed social security tax increases to give
 them more money to spend without raising income taxes.



 ...

BOB KLAHN bob.klahn@bex.net   http://home.toltbbs.com/bobklahn

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