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05 November 2007

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Here is one AARP member who has decided to support Barack Obama, who is the only candidate with a plan to end the tax on Social Security benefits for seniors earning less than $50,000. Prior to the golden age of "no taxes Reagan" there was no tax on Social Security income. But in his zeal to be fiscally conservative by driving up the National Debt, he instituted some "revenue enhancers" to cover his butt. Remember? So Obama's plan is to de-revenue enhance in favor of seniors. I hope he also eliminates another Reagan bright idea of taxing those people who have to survive on unemployment compensation when they lose their jobs.

GW's comments are obviously false with no fact or comments to support such claims. One again, Rush has led you down the wrong path...but you were just too foolish or bigoted to realize it.

What facts do you have, Spenser, to dispute what I have said? Reagan instituted a number of "revenue enhancers," to compensate for the misguided tax cuts that he made and are bally hoo'd by Republicans even today. What his revenue enhancers turned out to be were a new level of taxes that affected only the middle and low income people. The tax on social security benefits paid to seniors was begun in 1984. The tax on unemployment compensation received by laid off workers began in 1983. It is historical fact that Reagan drove up the National Dept to almost 4 trillion dollars before he left office.

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