SS, for first time in 25 years, taking in less than going out

[spidey07]

And that is the thing. SS as it is now hurts the poor/minorities now a lot more than it hurts the wealthy but the "progressives" justify its existence by saying they are "helping the poor/minorities".

Well if the poor are working they are contributing and should receive the benefit. Given the extremely low income rates/taxes they pay I'm ok with it.

I don't mind the disability aspect of it either, even though I take care of my own disability insurance because SSDI wouldn't be nearly enough. Maybe let me opt out of the DI portion if I have proof of my own disability insurance that suits what I desire.

 

[Patranus]

Well if the poor are working they are contributing and should receive the benefit.

Poor people and minorities die sooner. The average life expectancy of a black male is 67. That is ZERO years at full retirement age.
http://www.socialsecurity.gov/retire2/agereduction.htm

 

[Double Trouble]

The need for federal deficits to "stimulate the economy", to cover the inherent deception, became a structural part of republican governance.

Sorry to burst your wall-o-text bubble, but again you seem to continue to have difficulty with the concept that the president does not control the purse strings - congress does.

 

[Ozoned]

Say what? OASDI is what, 6.2%? You eliminate the cap and you're adding a significant burden on producers and consumers in addition to the restrictions already imposed on HCEs. And means testing? If I paid for it, I should get it, no discrimination.

What you propose would really hurt Americans. That's my money, the more you take the less I have to grow. Removing the cap is the worst idea ever, coupled with means testing is just wealth distribution. I don't work so damn hard to have it stolen and given to others.

2 scenerios.

I am the last man standing with 99% of the worlds wealth in my hands. Do I tell the other 6 billion people in the world to fuck off, or do I share with them?

God forbid, some lefty that absolutely hates you runs over you with a bus. The doctors say they can return you to 100% of your prior health for everything you have + another $1,000,000. Without the $1,000,000 they say you will die. Would you accept the $1,000,000 from SS if it were there for the taking, or would you choose death?

 

[Ozoned]

I hate taxes, BUT The bottom 80% of people that retire have no retirement funds other than SS. They get to vote. We can figure out a way to fix SS, or they can...

 

[spidey07]

I hate taxes, BUT The bottom 80% of people that retire have no retirement funds other than SS. They get to vote. We can figure out a way to fix SS, or they can...

Understood. And if your stat is true. scary. That's the huge problem with entitlement programs.

 

[Jhhnn]

And that is the thing. SS as it is now hurts the poor/minorities now a lot more than it hurts the wealthy but the "progressives" justify its existence by saying they are "helping the poor/minorities".

Well, it seems to me that you just provided justification for removing the cap...

And you're working from your usual false premises, anyway. Lower income folks receive proportionately higher benefits when they draw social security, offsetting their theoretical "loss" when they pay in...

 

[Jhhnn]

Sorry to burst your wall-o-text bubble, but again you seem to continue to have difficulty with the concept that the president does not control the purse strings - congress does.

Heh. You seem to forget that the Executive branch proposes the budget, and that the President has veto power... When was the last time that a republican president vetoed a budget bill, anyway?

 

[Patranus]

Well, it seems to me that you just provided justification for removing the cap...

And you're working from your usual false premises, anyway. Lower income folks receive proportionately higher benefits when they draw social security, offsetting their theoretical "loss" when they pay in...

How does that provide justification for removing the cap?
If anything it provides justification for eliminating SS or allowing all monies paid into SS to be collected by the estate at death.

 

[spidey07]

How does that provide justification for removing the cap?
If anything it provides justification for eliminating SS or allowing all monies paid into SS to be collected by the estate at death.

Will you please run for Rep or Senator? To whom and where do I send the check?

 

[Jhhnn]

How does that provide justification for removing the cap?
If anything it provides justification for eliminating SS or allowing all monies paid into SS to be collected by the estate at death.

Ah, yes, back to eliminating SS, as if the vast majority of Americans don't depend on it. The usual lameness- first argue that it's a disproportionate burden on the underclass, quickly back away from that when it turns out to be a falsehood, argue the program should be eliminated, instead... which would really do them a lot of good, right?

Next, toss in the bit about paying back the deceased's estate if they haven't used it up... maybe we should quit paying if they outlive their contribution, too...

Standard doublespeak and obfuscation on your part.. no surprise.

 

[spidey07]

Ah, yes, back to eliminating SS, as if the vast majority of Americans don't depend on it. The usual lameness- first argue that it's a disproportionate burden on the underclass, quickly back away from that when it turns out to be a falsehood, argue the program should be eliminated, instead... which would really do them a lot of good, right?

Next, toss in the bit about paying back the deceased's estate if they haven't used it up... maybe we should quit paying if they outlive their contribution, too...

Standard doublespeak and obfuscation on your part.. no surprise.

I've made it very clear I don't give a fuck about people that can't provide for themselves, nor should I be mandated to. Let Darwin sort it out, you libs love Darwin so much why will you not embrace his theory?

 

[nobodyknows]

I've made it very clear I don't give a fuck about people that can't provide for themselves, nor should I be mandated to. Let Darwin sort it out, you libs love Darwin so much why will you not embrace his theory?

You're so classy behind your "mask" of anominity you chicken shit peckerhead. I''d be willing to bet $100,000 you don't have the balls to say that to my face. I'd shoot you down like the mad dog you are.

 

[Patranus]

Ah, yes, back to eliminating SS, as if the vast majority of Americans don't depend on it.

What do you mean "depend on it"?

SS is a scam. You can get a much higher return in the markets with no risk bonds. Not only that but your estate can pass those bonds onto others unlike social security.

Simple initiative, that is all. If you are not responsible than sign up for one of those bank programs that takes your change and puts it into savings or a private automatic deduction into your retirement account.

It simply boils down to freedom vs tyranny/government control. Which side are you on?

 

[palehorse]

/shocked face.

 

[LumbergTech]

What do you mean "depend on it"?

SS is a scam. You can get a much higher return in the markets with no risk bonds. Not only that but your estate can pass those bonds onto others unlike social security.

Simple initiative, that is all. If you are not responsible than sign up for one of those bank programs that takes your change and puts it into savings or a private automatic deduction into your retirement account.

It simply boils down to freedom vs tyranny/government control. Which side are you on?

quite the simplistic view there..we only have two options?

 

[Ronstang]

You're so classy behind your "mask" of anominity you chicken shit peckerhead. I''d be willing to bet $100,000 you don't have the balls to say that to my face. I'd shoot you down like the mad dog you are.

I'd say it to your face, you don't have $100K, and you wouldn't do shit.

 

[nobodyknows]

I'd say it to your face, you don't have $100K, and you wouldn't do shit.

I have almost that much in cash in the house and I'd shoot your ass just because your feet stink. Hell, Ithink I have close to $100,000 in checks here I haven't even cashed yet.

How much you want to bet chicken shit?

 

[paperfist]

or at least let me opt out. Small business/self employed get hit the most by it.

From what I hear LLC with S-Corp tax structure is the way around that. I'm def looking into it as I'm still paying the IRS taxes from last year.

And if SS tax goes up that better not mean I have to contribute MORE to my employee's slush fund.

 

[palehorse]

I have almost that much in cash in the house and I'd shoot your ass just because your feet stink. Hell, Ithink I have close to $100,000 in checks here I haven't even cashed yet.

How much you want to bet chicken shit?

I think the government is letting you keep too much of that money. You should report to the nearest ghetto and redistribute 90% of it immediately...

...why are you still standing there?

 

[nobodyknows]

I think the government is letting you keep too much of that money. You should report to the nearest ghetto and redistribute 90% of it immediately...

...why are you still standing there?

No Ghetto's around here, and of course I've saved it up over a very long period. The government doest even know I have it, so screw them.+

Now when I sell my farm (if I sell my farm??)....... then I will pay through the nose.

 

[Patranus]

Now when I sell my farm (if I sell my farm??)....... then I will pay through the nose.

Don't worry about that. Your estate will have to sell the farm to pay your estate taxes on the transfer of the business.

 

[Taejin]

Don't worry, the $ will be worth less than the Peso in a few years. So we could pay out millions to each person in SS and it won't matter.

do you think you're contributing when you just add inane shit to a thread?

j/w is all

 

[Genx87]

No Ghetto's around here, and of course I've saved it up over a very long period. The government doest even know I have it, so screw them.+

Now when I sell my farm (if I sell my farm??)....... then I will pay through the nose.

Cheating the system and your fellow taxpayer I see.

 

[Jhhnn]

I've made it very clear I don't give a fuck about people that can't provide for themselves, nor should I be mandated to. Let Darwin sort it out, you libs love Darwin so much why will you not embrace his theory?

Yet on page 1 your fellow traveler, Patranus, offered that SS "hurts the poor".

Any port in a storm, any rhetorical device to support shared delusion, right?

And now rave on about freedom vs tyranny... higher returns in the market (tell that to my investments, which tanked alongside everybody's who wasn't a market insider), all the usual blindness and denial.

It's still just all about you, and what you believe in, what feeds your self-righteous indignation and spoiled brat rage, right? Always has been, always will be.