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Ferd Berfel

Ferd Berfel's Journal
Ferd Berfel's Journal
October 30, 2015

Say It Ain’t So, Hillary Clinton—You’re Open to the Idea of Raising the Retirement Age?

Say It Ain’t So, Hillary Clinton—You’re Open to the Idea of Raising the Retirement Age?

At a forum in New Hampshire on Wednesday, Hillary Clinton stood by her support for the death penalty, which made headlines. But her remarks about Social Security that day didn't get as much attention.

She offered a lot of the same rhetoric many Democrats are now saying, that we need to look at how the poorest Social Security recipients are faring and think about how to shore up payments there. But she also left the door open to raising the retirement age if there were a way to exclude people who are not working labor-intensive jobs, while at the same time not fully endorsing simply raising the tax cap, which would ensure the system is fully funded going forward.


TRIANGULATION....AGAIN. How do you justify this from a "Democrat"?

I simply do not trust her to keep Social Security, Medicare, Medicaid, ACA etc, out of the grubby hands of her Third Way DLC Wall Street Buddies.





http://www.alternet.org/news-amp-politics/say-it-aint-so-hillary-clinton-youre-open-idea-raising-retirement-age

October 29, 2015

Remember when the League Of Women Voters Moderated Debates?

The Debates were better.

Isn't it TIME for the LEAGUE OF WOMEN VOTERS to moderate at least SOME of the debates of BOTH Parties Again?!

http://lwv.org/

The League of Women Voters was founded by Carrie Chapman Catt in 1920 during the convention of the National American Woman Suffrage Association. The convention was held just six months before the 19th amendment to the U.S. Constitution was ratified, giving women the right to vote after a 72-year struggle.

The League began as a "mighty political experiment" designed to help 20 million women carry out their new responsibilities as voters. It encouraged them to use their new power to participate in shaping public policy. From the beginning, the League has been an activist, grassroots organization whose leaders believed that citizens should play a critical role in advocacy. It was then, and is now, a nonpartisan organization. League founders believed that maintaining a nonpartisan stance would protect the fledgling organization from becoming mired in the party politics of the day. However, League members were encouraged to be political themselves, by educating citizens about, and lobbying for, government and social reform legislation.

This holds true today. The League is proud to be nonpartisan, neither supporting nor opposing candidates or political parties at any level of government, but always working on vital issues of concern to members and the public. The League has a long, rich history,that continues with each passing year.

October 16, 2015

NYT - What Could Raising Taxes on the 1% Do? Surprising Amounts

When it comes to paying taxes, most Americans think the wealthy do not pay their fair share.

There is a sharp divide, however, between Republicans and Democrats when it comes to taxing the rich, who provide most of the cash for political campaigns.

All the Republican tax proposals, in fact, cut taxes for the wealthiest Americans. Democrats, on the other hand, are prepared to raise taxes at the top, though they have not been very specific about how they would do so.

(snip)

It is “absurd” to argue that most wealth at the top is already highly taxed or that there isn’t much more revenue to be had by raising taxes on the 1 percent, says the economist Joseph E. Stiglitz, winner of the Nobel in economic science, who has written extensively about inequality. “The only upside of the concentration of the wealth at the top is that they have more money to pay in taxes,” he said.

(Snip)

Raising their total tax burden to, say, 40 percent would generate about $157 billion in revenue the first year. Increasing it to 45 percent brings in a whopping $276 billion. Even taking account of state and local taxes, the average household in this group would still take home at least $1 million a year.


http://www.nytimes.com/2015/10/17/business/putting-numbers-to-a-tax-increase-for-the-rich.html?hp&action=click&pgtype=Homepage&module=first-column-region&region=top-news&WT.nav=top-news&_r=1

This assumes that you also kill their tax loops holes and actually make them PAY!

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