The social security issue is where I think Obama is going to have a tough fight in the long haul. He has proposed getting rid of the wage ceiling on social security. http://abcnews.go.com/Politics/Story?id=3638710&page=1 This is a huge tax increase.
I got a chuckle about John Edwards complaining about Wall Street types not paying social security taxes. He evaded the Medicare tax for years. All his income from his law practice above the wage ceiling were paid in the form of FICA exempt S corp dividends. And that was just to get out of the 1.45% employee and employer Medicare tax.
Note: Comments are screened, and in some cases edited, before posting. We reserve the right to reject anything we find objectionable.
Other reader comments on this article
Comment
By
Date
This article illustrates perfectly why Barack Obama is the right man to lead our nation. We must as a nation... [MORE]
Mark BIrdsall
Jan 8, 2008 02:22
In Mr. Obama, I see principles, but I also see flexibility to compromise while conserving those principles. This is more... [MORE]
John House
Jan 7, 2008 22:27
The social security issue is where I think Obama is going to have a tough fight in the long haul....
DavidE
Jan 7, 2008 22:13
We don' t need a war leader. We need a leader to keep us out of senseless wars! [MORE]
John K
Jan 7, 2008 22:03
As a Canadian I watch the US Dollar very close. I believe the Iowa win by Obama moved the US... [MORE]
Eric Jordan
Jan 7, 2008 21:32
Since the only important issue where Obama and the Sun's favorite Bloomberg differ on is Iraq (and that's because Mike... [MORE]
Yoda
Jan 7, 2008 18:29
I've always been what, many years ago, was known in Upstate New York, as a "Black Republican." That refered to... [MORE]
Richard Lindo
Jan 7, 2008 17:29
Consider Marge Simpson's simple statement of Oakeshottian-style conservatism:
Marge Simpson: "I guess its true that one person really can change the... [MORE]
Eric VanArsdall
Jan 8, 2008 13:44
Thank you for your editorial today (Jan 7) on Obama. As a Reagan Republican, I have marveled at and admired... [MORE]
Mick
Jan 7, 2008 13:56
Great read .. Mr. Obama emerged back in 2004 when he was selected by Sen. Kerry to give the keynote... [MORE]
bill kirkpatrick
Jan 7, 2008 10:04
Intelligent, original thinking and, except for one problem, an excellently written editorial.
Perhaps there is glory in the fact that George... [MORE]
ALP
Jan 7, 2008 09:57
"History has already been made. Illinois Senator Barack Obama won the Iowa Caucuses. New Mexico Governor Bill Richardson placed fourth.... [MORE]
Gar
Jan 7, 2008 08:45
As a supporter of Barack Obama, I hope he continues to refrain from class warfare. One danger, however, is his... [MORE]