8 Sneaky Ways to Raise Taxes

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First, People like myself who invested in Social Security for over 30 years and we paid the Medicare taxes on each paycheck when that was instuted. If that money invested for 30 years at any interest would pay for itself. The true cause is Greed and Coruption, of Government, Medical instutions, drug companies using Politics to raise prices. Then Wall Street stole the common workers retirement. Banks pay seniors for the lettle they have left...Maybe 1 %, then you have the huge bonuses paid to instution managers who would be out of a job, if the taxpayer didn't bail them out.....We live in Nutsville, and we all know it.

Their is no answer, when theives keep stealing! But somehow, they will blame the sick and elderly for the problem....they don't have lobbiest.

Mike007 of AR 8:47AM May 03, 2010

Andy is very right on social security. Carter put in the regular fund and they robbed it. Now social security has to turn in IOU to fund the program, that adds to the national debt. Washington has lost touch with the people and we must make them pay in Nov. We are still burning gasoline in cars when natural gas is cleaner, safer,and the US has plenty of it. That would free us of imported oil and running hybrids on it would make the air cleaner while keeping money in the U.S. We are sitting on the mother load of minerals and medals that are used in all cell phones, computers, and other electronical devices. We don't mine it because the proccesing plant would cost $500 million to build. Image the jobs it would create, mining, trucking in the chemicals needed, trucking them out, someone to recycle them, containers for proccesing, ect. The government spent over $800 billion and returned no jobs. Look at what could have been done. We buy this material from China but we could be free from that if our officals would put thier head out of it. The insurance reform (health care) will bankrupt us if it gets into operation. Does anyone think the goevernment will let all that money be collected and no divert it to other programs, of course not. The govenment are just like most corporations obey the law when it benifits them and bend or brake it when it doesn't like illeagals in the country.everyone complains thier here but no one wants to do anything about it. Obama with make them citizens unless we stop him. See you in Nov.

Clifford A Conley of OH 8:44AM May 03, 2010

We need to stop electing lawyers to Federal offices (congress, presidency, etc.) and start electing economists, small business owners, engineers, etc. Lawyers are exactly the wrong kind of people we need to run our country.

PBAR of FL 5:48AM May 03, 2010

send obama back to kenya

is he an illegal immigrant

ken of KY 9:38PM May 02, 2010

The biggest reason we, as a nation are in trouble financially is because of INCOMPETENT 'morons' that have been elected and put in charge of things they know nothing about...

Social Security is in trouble because these same incompetent individuals ROBBED from the funds, and put people on who never paid a cent into it, not to mention providing up to 7 years benefits to immigrants, legal, and illegal ones once they arrive in the USA even though they never paid a cent into it either.

Social Security was meant to be used for the elderly who could not provide for themselves with retirement plans etc., not as a welfare program!

If these morons had left it as it originally was intended - there'd be plenty of money in the fund, and it would not be a burden on anyone, and not a budget item that is now un-funded!

Andy of OR 7:16PM May 02, 2010

Enough said. The only reason the economy is this way is because those in power want to keep all the little people down. Those in power see us commoners as miserable crumbs underneath their shoes. So with that said, who are we to have any rights to have money? Those in power raise taxes & prices on goods & services, simply because they can, in order to take away what little buying power simpletons have. Those in power need to keep us down so we will appreciate what little we do get and to keep us subservient to them.

Lori of TX 5:55PM May 02, 2010

and put a 10 year moratorium on all immigration across the board. Refugees from war and disasters should go to their neighbor's countries, not here, and not to Europe. The third and second world need to learn how to be real nations and stop running away. We just don't have it to give anymore.

The United States has enough natural resources to handle 150 million people. We have 350 million. Stop all immigration, green card holders should leave, too, and we need to promote abortion among the foreigners we now have. Make it free. It's mostly the university students who get that rhetoric, and we need more smart people, not the stupid third worlders who plop out 6 or 8 kids and put them on welfare. In fact, we should just cut out welfare to all but the disabled and elderly. Period. If parents can afford to take care of their kids, they shouldn't have them in the first place.

W of CA 5:26PM May 02, 2010

...CUT THE $%&#!??!@ SPENDING!!!! Instead of trying to be Big Brother, which is extremely expensive, the government should be downsizing and passing on more responsibilities to the private sector. A private option for social security works well in Latin America and is extremely popular here -- so much that China is considering adopting something similar. The U.S. ought to try it. Defense -- shift to a foreign policy like Switzerland's: we won't meddle in your affairs, but attack us and you'll be sorry. Stop aborting the babies who would be paying into the social security and Medicare systems -- and since Medicaid already exists, abandon the new government health plan. The debt problem is not unsolvable, and raising taxes on either the rich or the middle class will NOT increase revenue. But solving the problem requires cutting the government's addiction to spending and controling people, and THAT is hard to do.

Michael 5:24PM May 02, 2010

Like our government needs to spend any more of our tax dollars. How about they refund all those programs they borrowed from and then reduce the deficit before we begin any more ignorant programs.

A Sol of MD 7:59AM March 26, 2010

Reduce DOD budget and Iraq war to cover the costs of social security. Quit giving money and welfare to illegal immigrants. Send them back to Mexico and Central America on a boat.

Karen of CA 6:40PM March 25, 2010

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Rick Newman

Rick Newman

The global economy is mysterious, even scary. Chief Business Correspondent Rick Newman connects the dots. In addition to his writing for U.S. News, Rick is the co-author of two books: Firefight: Inside the Battle to Save the Pentagon on 9/11, and Bury Us Upside Down: The Misty Pilots and the Secret Battle for the Ho Chi Minh Trail.


Read Rick's latest blog entries here.

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