February 23, 2005

Social Security jujitsu

I started reading Nathan Newman recently because he's one of the few bloggers to cover organized labor, but I've become consistently impressed with his other work -- a unique mix of solidly left politics and clear thinking. Exempli gratia:

So here's the approach we need. We know that House Republicans won't agree to elminating the payroll tax cap, so there is no danger that proposing it as a reform will be met with any real negotiation on the issue. But we can slam the conservatives for supporting such a regressive policy.

And since progressives don't believe there is a crisis, we don't think there needs to be any new revenue raised TODAY, so any rise in revenue from eliminating the payroll tax cap should be matched with an overall cut in payroll tax rates paid by average workers-- probably equivalent to saving them 2-3% of their income.

Yes, Dems should be proposing a TAX CUT! You want wedge politics, you've got it.

Brilliant. Bold. Srangely obvious. And yet I wouldn't hold my breath waiting for the Congressional leadership to push for it.

Posted by Michael at February 23, 2005 06:05 PM | TrackBack
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