Thursday, June 12, 2008

More on Obama and the "Scrap the Cap" movement

Oh, what the heck. It's we just need to contribute "a little bit more", right?

Yes we can!

Excerpt from the linked WSJ article:

"Mr. Obama's modest improvements to Social Security's financing come at a steep cost. The top marginal federal tax rates would effectively increase to 50.3% from 37.9%, equivalent to repealing the Bush income tax cuts almost three times over."

No big deal if you've got Dem/Lefty/"Progressive"/Libthink agenda items to fulfill, is it?

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