Josh Rosenbluth
1/22/2013 9:55:00 PM
On Jan 22, 3:56 pm, El Castor <DrE...@justuschickens.com> wrote:
> On Tue, 22 Jan 2013 07:36:55 -0500, Josh <u...@verizon.net> wrote:
> >On 1/22/2013 1:26 AM, El Castor wrote:
> >> On Mon, 21 Jan 2013 14:25:53 -0800 (PST), Josh Rosenbluth
> >> <jrosenbl...@comcast.net> wrote:
>
> >>> Once again, you refuse to address the argument and instead change the
> >>> subject.
>
> >> The fact that the government misappropriated the SS Trust Fund does
> >> not turn FICA taxes into income taxes. Argue that it does, but I
> >> vehemently disagree.
>
> >At least, we have identified the precise area of disagreement.
>
> >My argument: 1) FICA taxes financed non-FICA spending, 2) assume the
> >Trust Fund is a myth and thus the money owed to it will not be paid back
> >(instead, FICA taxes will be raised or SS benefits cut), and thus 3)
> >FICA taxes are treated the same as income taxes.
>
> >Your counter argument: ???
???
> >> If you wish instead to argue that the $2.7 trillion trust fund is a
> >> solemn obligation of the federal government, that would seem like a
> >> fair argument to make, but then we are forced to confront the
> >> political reality of where does the $2.7 trillion come from? And just
> >> as important, what should we do to insure that another trillion will
> >> not be misappropriated?
>
> >I do acknowledge that if we pay back the Trust Fund (i.e., the Trust
> >Fund is real - with the money would coming from a combination of
> >publicly-held debt, increased non-FICA taxes, and reduced non-FICA
> >spending), then your 47% statement holds.
>
> >But recall, I said your two statements (Trust Fund is a myth and 47% pay
> >no income taxes) can't both be true. In this case, the second statement
> >is true, the first is false. Up above at the top of this post, the
> >first is true and the second is false.
>
> The trust fund is a myth and the bottom 46.4% pay no federal income
> tax. Believe what you wish.
That's a conclusion, not an argument.