February 23, 2005

Bush Plan - 70% Tax on Social Security Benifits

So - under the Bush stock market plan - you invest you money in the market and when you retire you get to live on the profits - right? Wrong!

They aren't telling you that Bush plans to tax 70% of your earnings against your Social Security income. That means for ever dollar you make on your Social Security investment - you get a 70 cent cut in the amount of money the government gives you. And if you lose money --- you're just plain fucked.

But - you won't hear this story from the Republican owned media puppets to want to eliminate social security. To find that out you have to go to the town hall metting with Congresswoman Nancy Pelosi and find out what is really on the table.

Only on the web can you find the real news that is unfiltered by the Washington press.

Posted by marc at 01:50 PM | Comments (2) | TrackBack