Obama Retreats from ‘Bowman Plan’
ABC News’ Teddy Davis and James Gerber Report: When he was seeking the Democratic nomination, Sen. Barack Obama, D-Ill., won the support of Iowa high school government teacher Tod Bowman, in part, because he liked the Illinois Democrat’s willingness to ask all Americans to pay the Social Security tax on all their income.
Bowman had clashed with Sen. Hillary Clinton, D-N.Y., at a 2007 town-hall meeting over her unwillingness to impose the 12.4 percent Social Security tax on all income above $97,500, the cap which was in place at the time.
"I understand that in her world $97,000 is the middle class, but here in Iowa $97,000 doesn’t qualify as the middle class," Bowman told the Associated Press. Bowman added that as someone who makes under $97,500 per year, he felt that he paid an unfair share.
Contacted on Friday about Obama’s
newly clarified plan to exempt income between $102,00 and $250,000 from new Social Security taxes, Bowman said he wanted to hear from the campaign about it.
"I want to see if this is a compromise or if this is selling-out," Bowman told ABC News. "I was kind of put out there on the podium to support (taxing all income at the same rate) and now he’s moving a little bit away from it."
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Tod Bowman welocme to under Obama’s bus.
Posted by: geevill | June 13, 2008, 1:39 pm 1:39 pm
What did Bowman really expect from a world class panderer like Obama. Once he got the nomination he flip flopped on this issue, like most everything else.
His Indian name should be: Chief talks out of both sides of mouth
Posted by: Jay | June 13, 2008, 1:40 pm 1:40 pm
Mr. Bowman, it’s called pandering to get your vote. Face it, Obama doesn’t need you any longer.
Posted by: s.valenti | June 13, 2008, 1:42 pm 1:42 pm
Mr. Bowman should know that for someone to come from no where to make an offering of any kind, the burden was on him to be suspicious. If not, he should read all the Nigerian emails making all kinds of promises and respond positively to them.
Posted by: esvida | June 13, 2008, 1:44 pm 1:44 pm
pandering oh like mccain is doing with social security?
This guy needs to learn that there is this magical thing called video tape and we can go back and look at it and see exactly what a person has said on it…
its a google!
Posted by: bhrandon | June 13, 2008, 1:49 pm 1:49 pm
OBAMA IS JUST SHOWING HE IS ALSO A SHREWD POLITICIAN.THAT IS ALL!! sO MUCH FOR CHANGE!!!
TO ALL HILLARY SUPPORTERS….WE MUST NOT VOTE FOR THIS GUY. DO NOT VOTE FOR mC cSIN BUT DONT VOTE FOR HIM. sTAY HOME. tHIS GUY IS NOW GOING CENTRIST AFTER LEANING LEFT TO DEFEAT OUR HILLARY. DO NOT FORGET ALL THE GARBAGE WE AND HILLARY HAD TO ENDURE UNTIL SHE HAD TO SUSPEND!!
Posted by: sam | June 13, 2008, 1:50 pm 1:50 pm
bhrandon
You must be an Obama supporter – you would love to see people stay home.
NO DEAL – we will not be staying home. We are going to vote for McCain.
Posted by: disgusted in Illinois | June 13, 2008, 1:52 pm 1:52 pm
Don’t feel bad Mr. Bowman, a lot of people bought what Obama was selling. No one vetted, questioned or even bothered to find out who this guy was at the beginning. Heck, they still aren’t. The media will always give him a free pass.
Posted by: McCain Democrat | June 13, 2008, 1:53 pm 1:53 pm
More like a Brownian Plan.
Another boneheaded mistake by the known unknown.
Posted by: Olbermn3 | June 13, 2008, 2:00 pm 2:00 pm
For those of you who feel like you’ll be benefited from “taxing the rich”, you’re so wrong. Who make $250,000 in small cities?? it’s small business owners. If these owners got tax too high, what are they going to do?? they will either reduce the working hours, reduce wages, or lay off workers. My father-in-law has a small business and business has been tough and he already said with high tax, he’s going to have to lay off workers.
Same with corporate tax. they are in business to make money but if corporate tax too high, then they will go somewhere else for business. I don’t understand why there’s a suprise or complaint why jobs are going overseas. America tax corporate business 2nd highest in the world. Union is the 2nd main reason for business to leave. They demand too much.
This country is really going to doom. Bush already made a mess with obama’s change, we’re all going to the end of the river. Good Luck everyone!!!
Posted by: hannah | June 13, 2008, 2:06 pm 2:06 pm
That’s Obama quicksilver policy for you. If only he would stick with something the way he stuck with that racist church for 20 years.
Posted by: Mack | June 13, 2008, 2:07 pm 2:07 pm
(CNN) – Barack Obama said Thursday he fully expects Republican’s to play the fear card in the general election, and will attempt to portray both him and his wife Michelle as “scary.”
—
Why do they need to portray them “scary”?
They are scary, being a phony hypocrite who constantly makes boneheaded mistakes to deceive voters like Mr. Bowman to get nominated.
As always, the phony always thinks so highly of himself, but in really, he is nothing but phony hypocrite who get his affirmative action in the primaries.
Posted by: skinny dog | June 13, 2008, 2:13 pm 2:13 pm
Huffington Post has no credibility – they are a very biased website.
They do not post all comments, only that agree with their left wing agenda and favors Obama.
No thank you – huffington post is not on my radar as having any credibility.
I, also, say Adriana Huffington on Jay Leno and she made belittling comments about West Virginia voters. I won’t watch Jay Leno now because the fool laughed when she said it.
Posted by: disgusted in Illinois | June 13, 2008, 2:25 pm 2:25 pm
If we can remmember it was during the ABC debate that Obama said there might have to be an exception to those with income between the $97,000 and $200,000.
None the less somethingh needs to be done about SS.
Posted by: Thinking | June 13, 2008, 2:29 pm 2:29 pm
Bowman, you are one of many who have been thrown under Obama’s bus.
That is the change you can believe in.
Posted by: george | June 13, 2008, 2:34 pm 2:34 pm
Wow, another man was thrown under the bus.. Who’s next???
Posted by: True Truth | June 13, 2008, 2:37 pm 2:37 pm
SOODD: Same old Obama, different day!
Posted by: Soetoro No! | June 13, 2008, 2:45 pm 2:45 pm
Hello, this plan will go a long way to fixing the social security problem that has been ignored for too long by the Bush/McCain Administration.
I favor no exemption. But, plus 250 will bring in enough revenue to keep the system solvent for another 30 years.
Note to Hannah. This is not about small business owners, this is a payroll tax.
Posted by: Keith | June 13, 2008, 2:45 pm 2:45 pm
disgusted in Illinois:
You are correct.
Ding! Ding! Ding! You’re a winner!!
McCain 08!
Posted by: Vickie | June 13, 2008, 2:47 pm 2:47 pm
Thinking
Sorry, McCain is never on Obama’s bus so he can’t throw him…
Posted by: True Truth | June 13, 2008, 2:48 pm 2:48 pm
Firebreathing dragon
Seems like everything Obama says has to be revised for some reason or another. I guess it depends on who’s pulling the puppet’s strings on any given day.
Posted by: A | June 13, 2008, 2:58 pm 2:58 pm
That is a change you can believe in. Mr. Obama is a true panderer. If he goes to Iran, he will agree with Mahmoud Ahmadinejad that the holocaust never happened.
The democratic party needs to be destroyed.
Posted by: Roger Miller | June 13, 2008, 2:59 pm 2:59 pm
Bowman is more naive than Obama! IS this indicitive of the Obama supporters- super gullible, super naive? And they were so vicious in their calling Hillary a liar. That was the reason they didn’t want her in the white house. They boasted Obama was honest and represented a new kind of government! Hillary told Bowman the truth!
Posted by: this election counts | June 13, 2008, 3:08 pm 3:08 pm
Obama will win, but I don’t like his throwing his past support under the bus. He should be proud of those positions and stand on them. But he is being bought to submit to the masters and do there bidding. Hence, the “change” that is coming is more of the same. Same policy, different face. If you can’t figure this out buy now, then you never will. McCain is just as bad. But Obama isn’t change. He is the same, just as well.
Posted by: patriot | June 13, 2008, 3:12 pm 3:12 pm
Pelosi is the strong person in DC. would mold Obama like silly putty!
Posted by: A | June 13, 2008, 3:14 pm 3:14 pm
If $103K-$250K sounds like a windfall to Americans, you don’t live on the East or West Coast. If you live in the middle of the country, a $1m home comes with several acres. If you live in Southern California or elsewhere on either coast, that same $1m buys you a 2250 sq. ft. condo. Mr. Obama has to be careful with all of those proposals of his to tax, tax, tax. On the coasts, we’re taxed out.
Posted by: LonghornMama | June 13, 2008, 3:20 pm 3:20 pm
If i disown the Trinity I disown the black community
…
…
Wright
Black Community
pfleger
Tim Johnson
Tod Bowman
welocme to under Obama’s bus.
Who is next Michelle
Posted by: tony | June 13, 2008, 3:20 pm 3:20 pm
At least Obama isn’t going to privatize social security the way that McCain is.
McCain is the biggest flip flopper on social security.
Posted by: Stacey | June 13, 2008, 3:21 pm 3:21 pm
Mr. Bowman: We call it in politics “Flip-flopping”!!!!
Get use to it. Obama is a master at this game!!!
Posted by: maggie | June 13, 2008, 3:22 pm 3:22 pm
sorry Tod Bowman.
It took 6 months to find about this “snake-oil salesman”.
It is not too late. Go to ABC and tell about this “snake-oil salesman”
Posted by: john | June 13, 2008, 3:23 pm 3:23 pm
That is the Obama way.
I can’t believe people are still actually believing what this man says.
He says it all for a vote…………..
There are going to be so many disgruntled obama fans.
Be forewarned: One thing to be sure of, Obama will not tolerate the way he attacked bush, the government or anyone else, and got people to hate them. Nothing like that will Directed at Him, he will have you arrested for treason.
Posted by: seah | June 13, 2008, 3:24 pm 3:24 pm
The media needs to ask McCain if he wants to privatize social security or not.
In 2004 & 2005 McCain said he wanted to privatize social security and then yesterday he said no but today he said he was for “personal accounts” which is privatizing of social security.
Posted by: Danny | June 13, 2008, 3:25 pm 3:25 pm
Jay posted:
What did Bowman really expect from a world class panderer like Obama. Once he got the nomination he flip flopped on this issue, like most everything else.
His Indian name should be: Chief talks out of both sides of mouth
Posted by: Jay | Jun 13, 2008 1:40:53 PM
I couldn’t agree more, Jay!
Posted by: jogger | June 13, 2008, 3:26 pm 3:26 pm
Danny
Your logic is truly underwhelming.
Posted by: A | June 13, 2008, 3:28 pm 3:28 pm
Danny
“personal accounts” means the amount you & your employer contribution will be held in your name instead of going to a pool.
You Liberals do not like this idea, because you want to spend, spend, spend, tax, spend
Posted by: john | June 13, 2008, 3:29 pm 3:29 pm
McCain: Privatizing Social Security, increase the age when retires
Obama: increasing payroll taxes >$250,000 to ensure social security
Based upon that I definitely PREFER Obama’s plan.
I don’t want my social security based upon the Stock Market.
Obama wins that argument.
Posted by: Abigail | June 13, 2008, 3:30 pm 3:30 pm
Abigail
I’ll bet you don’t make enough to be affected — just tax the better-to-do so you can dip your hands in their pockets.
Posted by: A | June 13, 2008, 3:32 pm 3:32 pm
You can’t believe much of what a politician tells you during a primary. You can’t believe hardly anything a politician says during a general election. And you can’t believe anything a politician says once elected.
Any questions?
Posted by: Brian Levine | June 13, 2008, 3:40 pm 3:40 pm
Smart people know that Obama, McCain and even Hillary can’t tell you exactly what will happen tell they are in office and they can get a real look at how big our mess is. So if what they say changes from day to day it should not surprise anyone.
The reason I like Obama is he is not afraid to admit that maybe his policy may not work, and that he is willing to take suggestions and make changes to them, so that they are the best for us he can get them to be.
Posted by: Becky | June 13, 2008, 3:41 pm 3:41 pm
How many times Obama admitted himself: I didn’t mean it…
Obama never meaned what he said before…
So don’t take it serious!!
Posted by: True Truth | June 13, 2008, 3:41 pm 3:41 pm
KEITH,
Payroll taxes are matched but the employer also has to pay self-employment tax with his Schedule C profit. Guess what? The Self-Employment tax is 2×7.65 or 15.3% The employer pays BOTH sides on his profit. Lots of small business owners are going to be upset by this and they should be. Large business are incorporated so they don’t pay self-employment taxes.
Posted by: LindaCPA | June 13, 2008, 3:41 pm 3:41 pm
Obama is a man of compromise and a politician.Duh? Why would he campaign far left when the country has values from the right to the left. Center is always the best to campaign from.So what he tweaks his stances. This is called learning from your mistakes in some instances,and once again he is a politician.They do it all the time.Just because you may stick with a stance that doesn’t make it right. You can be resolute and wrong for years.
Posted by: TV | June 13, 2008, 3:44 pm 3:44 pm
Why the “donut hole”? If the people who make the least can pay, then surely those making between $97,000 and $250,000 can also afford to pay. If anyone gets a free ride, it should be those earning the least, not those at the top, and not those somewhere in the middle. But that’s what American has become…stick it to the smallest, the weakest, the youngest, the poorest.
Posted by: Charlie35 | June 13, 2008, 3:45 pm 3:45 pm
Sorry, Linda, but we’re living longer, so it just makes sense that we can expect to work longer. People in this country have no concept of responsibility.
Posted by: Brian Levine | June 13, 2008, 3:45 pm 3:45 pm
There is no way this HRC supporter will vote for the phony hypocrite Bho.
Now, it makes me wonder if it’s time to reconsider affirmative action.
Posted by: Olbermn3 | June 13, 2008, 3:46 pm 3:46 pm
Must be heart broken.
Posted by: Olbermn3 | June 13, 2008, 3:47 pm 3:47 pm
Brian Levine
I agree with you. The retirement age should be raised to at least 71. My parents are both still working full-time and are older than that. I just don’t think the payroll tax needs to be adjusted.
Posted by: LindaCPA | June 13, 2008, 3:49 pm 3:49 pm
The disillusion with Obama already began. Can anyone still count his flip-flops:
Iran-meeting, Israel stance, campaign public finance, his church, now economy.
For him, it is just too hard to pretend to be something he really isn’t capable of.
An incompetent candidate good at only pandering and hollow words. Note vote for him from me.
Posted by: amy | June 13, 2008, 3:52 pm 3:52 pm
Well said, amy.
Posted by: Olbermn3 | June 13, 2008, 3:58 pm 3:58 pm
There is no way this HRC supporter will vote for the phony hypocrite Bho.
Now, it makes me wonder if it’s time to reconsider affirmative action.
***************************************
Funny you should say this. Obama has also said the same thing. He favors affirmative action based on income to some degree, Such as college admission etc.
Posted by: Thinking | June 13, 2008, 4:01 pm 4:01 pm
Like McCain, Bill, Hillary and countless other republicans and democrats Obama is a politician.Stop acting so surprised when you hear he has skeletons or ” switches ” his positions. It comes with the territory.
Posted by: TV | June 13, 2008, 4:04 pm 4:04 pm
Payroll taxes are matched but the employer also has to pay self-employment tax with his Schedule C profit. Guess what? The Self-Employment tax is 2×7.65 or 15.3% The employer pays BOTH sides on his profit. Lots of small business owners are going to be upset by this and they should be. Large business are incorporated so they don’t pay self-employment taxes.
Posted by: LindaCPA
We are talking about lifting a cap Linda. Do you support saving social security or not?
Posted by: Keith | June 13, 2008, 4:04 pm 4:04 pm
Like McCain, Bill, Hillary and countless other republicans and democrats Obama is a politician.Stop acting so surprised when you hear he has skeletons or ” switches ” his positions. It comes with the territory.
Posted by: TV
And that territory has certainly been populated by John McCain — taxes, torture, immigration, veterans benefits, and, my personal favorite, how many years we should stay in Iraq. Was that 100, a 1000, or 2013?
He sure has been confused lately.
Posted by: Keith | June 13, 2008, 4:07 pm 4:07 pm
Everything is relative, so perhaps the best thing going for Obama is that he is still running against Grandpa McCain. Given the choice between an expanded war, overturning Roe and a continuation of Bush domestic policies, I’ll still take not.
Posted by: Javalation | June 13, 2008, 4:14 pm 4:14 pm
Thinking -
Yeah, keeps thinking! But I want to get rid of AA in choosing presidential nominee.
Posted by: Olbermn3 | June 13, 2008, 4:20 pm 4:20 pm
God Bless America
Posted by: TV | June 13, 2008, 4:25 pm 4:25 pm
Keith,
No, I don’t support changing the cap because those earnings would just be used for those earners to get larger SS benefits. That is how the program currently works and I don’t think any politician has said that they would change that. The tax rate and the cap are both high enough. I support raising the retirement age to 71. I also would increase the taxes on persons receiving SS benefits as a spouse that did not pay in. For example, teachers in my state do not pay in to the SS program at all, but are eligible to receive benefits from their spouse’s earnings.
Posted by: LindaCPA | June 13, 2008, 5:02 pm 5:02 pm
How convenient. House and Senate members earn $186,300. Fits neatly into Obama’s “exemption donate hole”.
He is pure politician!
Posted by: John | June 13, 2008, 5:09 pm 5:09 pm
Senator Obama has never seen a tax increase he did not like. After all, some one has to pay for all those new socialist programs. Right now, he is pandering for votes and does not tell the truth about his proposed policies..
Posted by: Mary | June 13, 2008, 6:00 pm 6:00 pm
Will This really matter much? As it stands now, Obama won’t be able to pull this off in the general election. He has too many people with negative stories that are about to come out on him. Most of them have already been posted on http://www.realdealreport.com and will eventually hit the mainstream media.
Posted by: jjandall | June 13, 2008, 6:40 pm 6:40 pm
Change You Can Believe In!
Obama Changes His Positions to Suit
His Needs!
No You Can’t!
Posted by: reaganfan | June 13, 2008, 8:57 pm 8:57 pm
Memo to Mr. Bowman:
1.) Even with your contributions of 12.4% on whatever your income is, odds are that you will suck more out of the social security than you will ever put in and so someone else will end up funding your retirement-namely, my kids;
2.) As for your income, you chose to become a teacher in Iowa and presumably knew that your were not going to make millions so don’t complain about people who chose different career paths.
Posted by: michael | June 13, 2008, 9:24 pm 9:24 pm
There he goes–backpedaling, AGAIN!
Posted by: georgia | June 13, 2008, 10:03 pm 10:03 pm
yea why does nobody see that hes just a “likeable” Bush
Posted by: staniam | June 14, 2008, 12:35 am 12:35 am
Now we know that a lot of bloggers like name calling and expressing unpleasant thoughts. What we don’t know is whether or not they have a different plan that would insure that America’s retirees would continue to have a steady income from Social Security? I live in a small midwestern town. $60-$100,000 will buy an average family home here that is nice enough, but not new. My nephew and his wife live in California and they own a home like that. He is a policeman whose life is in danger every day. She is a school teacher who chooses to serve in troubled schools because she cares. Together they make and file on $120,000. Their home is a small 3 bdrm/1 bath that is one in a neighborhood of homes that is about 50 years old. It is far from fancy and cost $750,000 If they had to pay another 12%, they couldn’t own a home in CA. Obama is simply trying to offer a plan that will work for SS without placing undo hardships on some in more expensive areas of the country. A cop and a school teacher are pretty much middle class no matter where they live. That’s why Obama has said all along that there would be a jump to $200,000, and later under pressure, to $250,000. If people would discuss the issues instead of name calling and character attacks, we’d make more progress.
Posted by: karela | June 14, 2008, 6:46 am 6:46 am
When Clinton said she was ready on day 1, that wasn’t a slogan, it was the truth. With Obama, its gonna be a social experiment. Try this maybe? Or this? See if something sticks. Say one thing and then do another. This is exactly what we saw when Jimmy carter was President. Interest rates skyrocketed, we were all restricted and standing in line for gas on alternate days, etc. Finally, it gave the Republicans a majority for 20 years. And what broke that cycle? President Bill Clinton showed that we could have prosperity and be fiscally responsible. We arein bad shape. Its an emergency and we need a person genuinely ready on DAY 1. If you think it can’t get worse. Elect Barack Obama.
Posted by: glenn mcgahee | June 14, 2008, 7:37 am 7:37 am
One thing you guys still don’t get about Obama is he is pragmatic, so you know he knows that some of his plans will have to be changed, this is a compromise to get elected, this exemption won’t happen, it would never pass congress as it is, it’ll get altered to cover everyone, he knows it, but he also knows that if he tells the middle class he’s going to raise their taxes, he won’t win, and if you don’t win you can’t make any changes
Posted by: axt113 | June 14, 2008, 9:05 am 9:05 am
AXT113 – your comment is about the dumbest one yet. So it is okay to lie and side step to win office. Now with those tactics going as far back as our founding fathers, how is Obama about change?
The Obama supporters will cut off their noses to spite their faces. The writing is on the wall and Obama proves with each passing day that he will be an effective president. I pray that he does not choose Hillary as VP or if he offers it to her, she declines.
Posted by: Samantha | June 14, 2008, 9:14 am 9:14 am
What are you, naive? Voters aren’t smart enough for the entire truth, Obama tried that earlier in the campaign and all it did was end up creating controversies on cable news. Obama does want to make changes, but there is only so much one person can do, and he can only make even those limited changes if he is elected.
Also if he can run the presidency as half as well as the campaign then he will be an amazing president.
Posted by: axt113 | June 14, 2008, 9:23 am 9:23 am
The ignorance that abounds about privatising SS is stunning. First of all any plan to do so would be VOLUNTARY!! Next, anyone within 10 years of retirement CANNOT privatise their SS and third by privatising SS the account owner upon his death can pass the money in the account on to his heirs, something not possible now.
Private accounts could be invested in FDIC insured Certificates of Deposit which would pay a return far greater then the governments current return of about 2%. in the middle 1980′s a Texas municipality opted out of SS and instead allowed their employees to invest in a variety of monitored financial vehicles including balanced mutual funds, bond funds, CD’s or just plain money market accounts. The average employee who retired at 65 had a nest egg of about 1.5 MILLION dollars that was theirs to do with as they wish. And as I said, when they die they can give it to their family. With SS when you die the money stops. If you retire at 65 and die at 66 all the money you paid in goes right back to the government.
Finally even IF one goes for a private retirement account the government will STILL guarantee a minimum monthly payment in the event of some unfathomable catastrophe. But the main point is NO ONE HAS TO DO THIS. It is strictly voluntary.
The only reason the liberals want SS left intact is because all that money is in the general tax fund and they use it to fund giveaway social programs in order to buy votes.
Anyone against having their own private SS account is brain dead and brainwashed.
Posted by: JjV | June 14, 2008, 12:20 pm 12:20 pm
Let’s see now the Dems were the first to open up the SS fund to pay for their war in Viet Nam. Then the Dems passed the law to tax the SS benifits. I believe Al Gore cast the deciding vote. Social Security takes a beating every time the Dems look at it…
Posted by: mich mike | June 14, 2008, 3:45 pm 3:45 pm
Why the “donut hole”? If the people who make the least can pay, then surely those making between $97,000 and $250,000 can also afford to pay. If anyone gets a free ride, it should be those earning the least, not those at the top, and not those somewhere in the middle. But that’s what American has become…stick it to the smallest, the weakest, the youngest, the poorest.
You have to qualify to get Social Security and Medicare. To do so you have to pay a certain amount into the fund for a certain number of years. So the poorest would lose out if they never paid anything. I agree with your sentiment and EVERYONE should get a minimum payment once they reach a certain age. That way it could be lifted off those who can afford to pay it the least. But as things stand, that won’t help the poorest of the poor.
Posted by: Debbie | June 14, 2008, 9:03 pm 9:03 pm
To Debbie – I agree that everyone should pay SS on all of their income. If I am required to do it then everyone should be required to do it.
I do know old people who have never paid in but still get a minimum payment. I don’t know if it comes out of the same fund, but they call it their social security check. By the way, some of those people are not poor. They are now working “under the table” and it ticks me off. You can report them all day long but because they are geting the minimum, no one in S administration cares. Social Security needs a complete reform; not just the amount of income which is taxed.
Posted by: Amanda | June 15, 2008, 9:01 am 9:01 am
>>>Olbermn3″
Re: affirmative action:
I agree!
If affirmative action has given black candidate the education and breaks necessary to reach the point of nomination for president, then we should agree that it has done it’s job…
and do away with it!!!!!
COUNTRY BEFORE PARTY!!!A
Posted by: questioner | June 15, 2008, 1:44 pm 1:44 pm
The ONLY CHANGE I see Obama standing for is Changing His Mind! Vote McCain, he’ll put America First & He won’t Change That! Hillary Was The Best Canidate But WE Have To Deal With Reality! McCain 08′ !
Posted by: PUMA | June 15, 2008, 10:16 pm 10:16 pm
Lower the percent paid, say from 12.5% to 10.5% and remove the cap entirely. Low and middle class workers pay 2% less and also become 2% more affordable globally (because of employer matching). It would break even somewhere around $125k to $150k and people making more than that won’t notice the change.
Posted by: X marks the spot | June 16, 2008, 1:34 pm 1:34 pm
Maybe what you bloggers are forgetting is that IA was over a year ago look at gas, milk, corn, wheat prices a year ago. Nobody predicted that so you will have to make changes on your views and the economy monthly if not daily. everything is moving rapidly, we stay still and continue to get left behind, China, Mexico, and Canada are doing much better because they made the necessary changes to be competitive in the economic world, so suck it up, it’s going to get worst for some and better for others make your necessary change, re-educate yourself, find somewhere cheaper to live, give up your Starbuck’s, we can adapt, YES WE CAN!!
Posted by: Micstro | June 16, 2008, 5:07 pm 5:07 pm
Maybe what you bloggers are forgetting is that IA was over a year ago look at gas, milk, corn, wheat prices a year ago. Nobody predicted that so you will have to make changes on your views and the economy monthly if not daily. everything is moving rapidly, we stay still and continue to get left behind, China, Mexico, and Canada are doing much better because they made the necessary changes to be competitive in the economic world, so suck it up, it’s going to get worst for some and better for others make your necessary change, re-educate yourself, find somewhere cheaper to live, give up your Starbuck’s, we can adapt, YES WE CAN!!
Posted by: Micstro | June 16, 2008, 5:07 pm 5:07 pm
Maybe what you bloggers are forgetting is that IA was over a year ago look at gas, milk, corn, wheat prices a year ago. Nobody predicted that so you will have to make changes on your views and the economy monthly if not daily. everything is moving rapidly, we stay still and continue to get left behind, China, Mexico, and Canada are doing much better because they made the necessary changes to be competitive in the economic world, so suck it up, it’s going to get worst for some and better for others make your necessary change, re-educate yourself, find somewhere cheaper to live, give up your Starbuck’s, we can adapt, YES WE CAN!!
Posted by: Micstro | June 16, 2008, 5:08 pm 5:08 pm