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Willisms

« Is Vietnam the Next Iraq? | WILLisms.com | Reform Thursday: Chart Six. »

AARP's Plan For Social Security: Massive Tax Increases.

Over the past two months, WILLisms.com has commented somewhat extensively on AARP and its mission to undermine crucial Social Security reform.

For example, AARP was caught red-handed, peddling bad polling (Jan. 26, 2005; Jan. 28, 2005).

We even pointed out AARP's corrupting influence on MTV's Rock the Vote, which also used bad polling to try to advance its left-wing agenda (Feb. 24, 2005).

WILLisms.com also pointed out AARP's frothing hypocrisy (Feb. 8, 2005) and noted its big-government agenda (Feb. 10, 2005).

Now:

AARP's plan for solving the Social Security crisis (a crisis which they don't admit exists) is... get this... raising taxes.

The Heritage Foundation notes that AARP's plan would hurt its own members, not to mention younger Americans, and it would not even mend Social Security.

AARP's plan would:

*Raise taxes for 3.6 million workers over the age of 50, who are eligible to be AARP members, comprising about one-third of the total workforce that would face higher taxes;

* Raise taxes by almost $543 billion from 2006 to 2015;

* Erase less than half of the Social Security Administration’s projected 75-year projected shortfall in Social Security;

*Slow the growth of gross domestic product (GDP) by an average of $38.7 billion (in 2000 dollars) per year; and

*Reduce total employment by an average of over 469,000 jobs per year between 2006 and 2015.

aarphighertaxes.gif

Posted by Will Franklin · 9 March 2005 03:06 PM

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