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Showing Original Post only (View all)Elon Musk Wants to Pay for His Tax Cuts with Your Social Security and Medicare [View all]
https://www.rollingstone.com/politics/political-commentary/elon-musk-vivek-trump-tax-cuts-social-security-medicare-1235212608/No paywall link
https://archive.li/6pnvl
President-elect Donald Trump hasnt even taken office and congressional Republicans are already taking cues from Elon Musk and Vivek Ramaswamy and the pairs new playground, the Department of Government Efficiency, or DOGE.
GOP lawmakers immediately lined up against the original short-term government funding bill released this week after Musk voiced his opposition. On top of that, a group of extremist Republicans, led by Sen. Rick Scott and Rep. Andy Harris, are fighting to ensure that the fresh round of tax cuts Republicans have planned for Musk when Trumps 2017 tax law expires are paid for with $2.5 trillion in spending cuts on programs Americans rely on chosen by you guessed it Musk.
Republicans have made their plan for the new year crystal clear: ram through massive tax giveaways for the ultra-wealthy and corporations, and pay for them by shaking down programs and agencies that working families rely on. And theyre putting unelected and unaccountable oligarchs Musk and Ramaswamy in charge of deciding how much pain Americans will have to tolerate so that the rich can get richer.
Contrary to Musk and Ramaswamys claims that DOGE will put money back in taxpayers pockets, nothing laid out in DOGEs scattershot plans shows any serious understanding of improving efficacy and efficiency. Rather, its just the latest iteration of conservatives decades-long crusade to, as Grover Norquist famously said, reduce government to the size where I can drag it into the bathroom and drown it in the bathtub combined with their perennial obsession to cut Social Security benefits for seniors.
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Elon Musk Wants to Pay for His Tax Cuts with Your Social Security and Medicare [View all]
Nevilledog
Friday
OP
Musk wants to eliminate matching employer SS & Medicare contributions, saving 7.5 percent of wages.
TheBlackAdder
Friday
#14
But it will trickle down! Musk may not care but Repugs up for reelection in 2026 may not want to explain SS pay cuts
dutch777
Friday
#5
Guessing they will get rid of the SS taxes EMPLOYERS pay into workers' accounts.
Attilatheblond
Friday
#17