Obama Wants To Raise Taxes On Social Security

Hillary Clinton has put out a new mailer in Nevada pointing out that Obama wants to effectively raise taxes on Social Security. Obama has suggested raising the cap on income for Social Security taxes. Hillary Clinton points out that this is effectively a trillion dollar increase.
Hillary Clinton is right to point out this tax increase. Let’s hope Hillary continues to block tax increases!

One Response to “Obama Wants To Raise Taxes On Social Security”

  1. Mupetblast says:

    Actually this may have the opposite effect that Hillary intends. The cap on the SS tax BEGINS at a relatively high income level, so Obama is really talking about the rich paying “their fair share”. However, I don’t know the specifics, and conceivably a “high income” household could be two working adults with modest incomes.

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