Obama Ending Social Security As We Know It
20th July 2011
Consistently Obama treats the FICA pay-in as merely another tax to be played with as part of a redistributionist policy. During and immediately after the 2008 campaign it was a plan to issue refundable tax credits which amounted to double-dipping, and in the past year it has been the FICA tax holiday.
The common theme throughout Obama’s proposals has been to divorce benefits and pay-ins, and to treat Social Security benefits as merely another government welfare program.