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the Boilermaker Reporter

Volume 37, Number 5
Sep 1998 to Oct 1998

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The Republican Tax Plan Threatens Social Security

Charles W. Jones, International President Emeritus

Future Budget Surpluses Are Based on Taking Money from Social Security

Rob Peter to pay Paul. That's the Republican tax strategy. They want to win seats in this election, so they're offering tax cuts. They're saying that the federal budget surplus is so large everyone in America can get a reduction in their taxes.

It sounds great, but it's not exactly true. The money to pay for those tax cuts can only come from one source: Your Social Security fund.

Reporter  V37N5

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