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re: 56% of GOP voters want govt to pay more in monthly SS benefits/medicare
Posted on 5/16/24 at 11:58 am to BCreed1
Posted on 5/16/24 at 11:58 am to BCreed1
quote:All immaterial anyway. SS is a debt funding instrument marketed as a retirement program.
I am not willing to allow the federal Gov to keep people's monies via a tax to simply get my wish of ending it. You are ok with that. That is our difference.
As long as our nation is in debt, the US government will not cede SS as a debt management tool.
Regarding ending the program with no payback for contributions, d/t the debt obligation structure, I'm fairly certain that would entail Constitutional challenges.
Posted on 5/16/24 at 12:09 pm to NC_Tigah
quote:
All immaterial anyway. SS is a debt funding instrument marketed as a retirement program.
As long as our nation is in debt, the US government will not cede SS as a debt management tool.
No argument from me on that. To me, that's just part of what has to be tackled in order to end it.
quote:
Regarding ending the program with no payback for contributions, d/t the debt obligation structure, I'm fairly certain that would entail Constitutional challenges.
And that would be a needed process. It would be hard to fathom that the SCOTUS would say "what people paid in with the promise on retirement doesn't matter... "
But then again, I never thought the SCOTUS would rule that killing an unborn child is ok. Then decades later say it's not a federal jurisdiction.
For me, the issue can be solved. It would require congress to act to allow funding from other sources. It would require the STATES to force a COS and by that check and balance FORCE them into fiscal responsibility.
On a side note on how we should operate with taxes... force a 5% income tax on everybody with no loopholes. Go back to excise tax and tariffs funding the federal gov. Among other things.
Posted on 5/16/24 at 12:09 pm to HailHailtoMichigan!
Boomers by and large, do not understand Ponzi scheme (they were the first victims of the Airplane scam) or they do and they just hate the generations that follow them.
Posted on 5/16/24 at 12:14 pm to winkchance
quote:Who imparted you with such wonderful wisdom?
Boomers by and large, do not understand Ponzi scheme
Posted on 5/16/24 at 12:16 pm to NC_Tigah
Where do these people come from and how do they reach their conclusions!?
Posted on 5/16/24 at 12:21 pm to beerJeep
SS and Medicare have proven to be worthwhile programs for a half century. At most, they need only some tweaking to reform and ensure solvency going forward. It literally has prevented millions of elderly from living in poverty, like it or not. Facts are facts.
Posted on 5/16/24 at 12:23 pm to VOR
quote:
At most, they need only some tweaking to reform and ensure solvency going forward.
Well, let's hear the details. With the math.
Posted on 5/16/24 at 12:31 pm to BCreed1
quote:Goure wowed by that? I mean.. read this thread.
Wow
quote:Yes it does. Here I’ll show you…
Who has possession of it has nothing to do the subject.
quote:They already have it.
I stated that you would like for the gov to end it and just keep all monies paid in.
And for the record I mad no such statement. I know that there is very little cash in the “trust fund” when you remove the IOUs. If the government disbursed it (ex the IOUs) you’d get virtually nothing.
quote:It has nothing to do about my feelings. It’s a simple fact-the federal government has (had) your money. You seem to be under the impression that someone other than the federal government is running social security.
Where that money is doesn't have anything to do with that. Who administers it has nothing to do with what you feel is the right way to go.
quote:They don’t need to take “your” SS money. tThey already took it. SS isn’t a bank.
That being to end it and the Gov just keeps all monies paid in.
This post was edited on 5/16/24 at 12:33 pm
Posted on 5/16/24 at 12:35 pm to BCreed1
quote:Nah. Always was. You made the kistake of trusting them.
No, we understand what the federal gov has become.
quote:No doubt. You seem perfectly willing to vote yourself more of governments money.
Some of us want to hold them accountable.
Posted on 5/16/24 at 12:40 pm to BCreed1
quote:Yes. You did. Outside of an enforceable “promise” SS taxes are no different than any other taxes. Did you believe “if you like your plan, you can keep your plan” too?
Nobody is stating that they are. You are arguing against a point nobody made.
Posted on 5/16/24 at 12:42 pm to BCreed1
quote:The. I have no idea what you’re arguing. If you admit that Congress can cut SS benefits to $0 at it’s whim… Tnlhan it clearly doesn’t “owe” you anything. Just like any other tax revenue.
Same as above. Not one single person in this thread on either side is saying congress can not change it or any other tax.
Posted on 5/16/24 at 12:42 pm to Taxing Authority
quote:
Yes it does. Here I’ll show you…
quote:
I stated that you would like for the gov to end it and just keep all monies paid in.
They already have it.
And are paying out monthly to retired people.
quote:
It has nothing to do about my feelings. It’s a simple fact-the federal government has (had) your money. You seem to be under the impression that someone other than the federal government is running social security.
quote:
They don’t need to take “your” SS money. tThey already took it. SS isn’t a bank.
You are playing semantics. I don't care if it's in a bank or a hole in the ground or gone. What I care about is hold the Federal gov responsible. Just ending it gives into what they have done.
Posted on 5/16/24 at 12:44 pm to VOR
quote:
At most, they need only some tweaking to reform and ensure solvency going forward.
Honestly, frick yourself. This is not true. The programs may be worthwhile, but their future outlook is grim without reforms or tax increases, period.
Posted on 5/16/24 at 12:46 pm to BCreed1
quote:I appreciate the attempt.
Let's be more clear here.
quote:it’s not a “wish”. It’s a recognition that WE DO NOT HAVE THE MONEY.
Our difference is that I am not willing to allow the federal Gov to keep people's monies via a tax to simply get my wish of ending it. You are ok with that. That is our difference.
quote:You don’t think they do that with all taxes?
There are ways to end it and not have the federal gov laughing at the US Citizen behind closed doors calling us "suckers" "we took their money and will still find a way to tax them".
I don’t care if those clowns are entertained or not. I do care if we have to go through a monetary collapse because we are unwilling to face up to the fact that we simply don’t have the money.
This post was edited on 5/16/24 at 12:49 pm
Posted on 5/16/24 at 12:46 pm to notsince98
quote:No.
take the money we are sending to ukraine, israel, etc. and this would be easy peasy.
Posted on 5/16/24 at 12:48 pm to Taxing Authority
quote:
The. I have no idea what you’re arguing. If you admit that Congress can cut SS benefits to $0 at it’s whim… Tnlhan it clearly doesn’t “owe” you anything. Just like any other tax revenue.
I get that you don't understand it. I can see that.
quote:
OLD-AGE BENEFIT PAYMENTS
SEC. 202. (a) Every qualified individual (as defined in section 210) shall be entitled to receive, with respect to the period beginning on the date he attains the age of sixty-five, or on January 1, 1942, whichever is the later, and ending on the date of his death, an old-age benefit
Per this, they do. And we can go to court over it.
Posted on 5/16/24 at 12:52 pm to BCreed1
quote:Just like it builds roads with tax money.
And are paying out monthly to retired people.
quote:Too late.
What I care about is hold the Federal gov responsible.
quote:When you buying to a ponzi scheme and the scammer spends his money on hookers and blow then wastes the rest of it… it kinda late to get “your” money back.
Just ending it gives into what they have done.
Posted on 5/16/24 at 12:53 pm to BCreed1
quote:Good luck
Per this, they do. And we can go to court over it.
Posted on 5/16/24 at 12:55 pm to Taxing Authority
quote:
quote:
Let's be more clear here.
I appreciate the attempt.
quote:
quote:
Our difference is that I am not willing to allow the federal Gov to keep people's monies via a tax to simply get my wish of ending it. You are ok with that. That is our difference.
it’s not a “wish”. It’s a recognition that WE DO NOT HAVE THE MONEY.
That isn't the point. The point is they took it. They stated clearly in the law they passed in SEC. 202. that upon the age of 65 and until death that the gov is obligated to pay out monthly installments from the tax they implemented.
Do you want it gone?
quote:
I don’t care if those clowns are entertained or not. I do care if we have to go through a monetary collapse because we are unwilling to face up to the fact that we simply don’t have the money.
I care about ending their greed for our money thinking all they have to do is take it.
It is the only way to end them thinking that.
There are ways to accomplish it with out Monetary collapse.
Posted on 5/16/24 at 12:57 pm to HailHailtoMichigan!
quote:
The programs may be worthwhile, but their future outlook is grim without reforms or tax increases, period.
Actually (in a Tucker voice) after the boomers die off and the Xers are retired SS is going to be looking pretty good. The Xers are the lowest population and they will have much higher population Millennials and Gen Z contributing to SS. Just have to get through this rough patch with all the boomers retiring.
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