If Obama raises the FICA tax will he increase the cap on the amount of social security

UALRBSofL

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Wed Feb-13-08 09:26 PM
Original message

If Obama raises the FICA tax will he increase the cap on the amount of social security

a person recelives both disability and retirement? Right now the cap on social security is close to $2,000 from trying to remember off the top of my head?

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The Velveteen Ocelot

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Wed Feb-13-08 09:28 PM
Response to Original message

1. He won't raise the FICA tax or the SS cap if he's elected. He can't.

Edited on Wed Feb-13-08 09:29 PM by ocelot

Congress has to do that.

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FogerRox

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Wed Feb-13-08 10:03 PM
Response to Original message

2. What is this INVASION OF THE REPUBLICAN TROLLS TO NIGHT ?

Edited on Wed Feb-13-08 10:04 PM by FogerRox

Christ aLmighty, give me a freaking break.

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UALRBSofL

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Wed Feb-13-08 10:30 PM
Response to Reply #2

4. How does my question make me a republican troll?

I thought the premise was to talk issues the candidates are proposing.

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mitchtv

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Wed Feb-13-08 10:05 PM
Response to Original message

3. everything is on the table

including raiding the age to collect. Good luck with that one youngsters who work with their hands, backs etc. A promise not to privatize is not enough senator

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SammyWinstonJack

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Thu Feb-14-08 12:06 AM
Response to Reply #3

6. Reagan raised the retirement age and the cap. which only hurt the middle class.

Why not take the cap off the SS payroll tax? That would fix any "problems" the repugs claim we have. Or short of that, make the repubs stop stealing from SS. :shrug:

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FogerRox

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Thu Feb-14-08 12:02 AM
Response to Original message

5. Where did you hear that Obama was going to raise FICA taxes?

Where did you hear he would raise medicare and Social security taxes ?

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FrenchieCat

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Thu Feb-14-08 12:14 AM
Response to Original message

7. He's only suggesting to raise the cap of the limit.....

and as an accountant, I agree that this is the way to go. He also is suggesting that seniors not have to be taxed on the SS.

an increase on 6.6% of the population i.e., the rich.

Sounds progressive to me.

Here's more on that
http://factcheck.barackobama.com/factcheck/2008/02/05/fact_check_on_clintons_false_a_1.php

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