Posted by: The Elephant Owner in Election on July 26th, 2008

TaxesI have said for years that Democrats want to change Social Security to welfare. Barack Obama has proposed a change that would move us even closer to that end. From his web site,

Obama will create a new “Making Work Pay” tax credit of up to $500 per person, or $1,000 per working family. (LINK)

Social security was created to be government imposed safety net. It was designed for people who would not save for their senior years. It has always been a horrible retirement plan, but it kept some people from being dirt poor as they aged.

When you consider that Barack Obama wants to remove the limits that some people pay into the system and relieve the obligation from others, this plan changes Social Security from a safety net to a massive redistribution of wealth.

How is this plan not welfare?

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