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re: Why is there so little outrage over social security for our current generations?
Posted on 4/15/17 at 5:01 pm to TennesseeFan25
Posted on 4/15/17 at 5:01 pm to TennesseeFan25
quote:
It's pretty clear we are all paying a decent bit into something that will never be available for us. Why does it seem that is a-ok to most everyone?
Well it is political suicide to even mention it.
The dems do not care because they are pro-money for everybody for any reason.
The Republicans are scared of the "killing grandma" horse shite if they say anything about it.
It is all on FDR and that a-hole has a monument in DC
0
Posted on 4/15/17 at 7:42 pm to PurpleandGold Motown
Pay up
Posted on 4/15/17 at 7:57 pm to narddogg81
quote:
what middle class person is only paying $5k? I pay about $30k
Then you're either exceptionally bad at math or you're not an "average middle class person"
Posted on 4/15/17 at 8:08 pm to ShortyRob
quote:
Its hard to take young people seriously when they correctly complain about exploding deficits while simultaneously politically supporting or PUSHING nearly every new spending idea the left can dream up.
This probably wouldn't be so difficult for you if you didn't view "young people" as a political monolith.
LINK
Exit polls had 37% of the 18-29 demographic voting for Trump. Considering the populist social conservative PC slaying platform he ran on is about as tailor made as possible to drive away young voters, that's a fairly sizable number. If Republicans had run someone like Rand, I imagine that number would be quite a few points higher. I know that would have been sufficient to change my vote from Libertarian to GOP.
Posted on 4/15/17 at 8:09 pm to Joshjrn
People just need to accept it as any other tax and move on. The whole system is stupid, and a person should be able to opt out of this so called "govt retirement plan". I don't like paying that extra amount, but I just can't foresee how it will be changed.
Posted on 4/15/17 at 8:24 pm to Colonel Flagg
Do note that Federal employees, especially members of Congress who vote on such laws, do not have SS deducted from their checks. They have their own, hell of a lot better, retirement program.Health plan as well.
Posted on 4/15/17 at 8:31 pm to TennesseeFan25
Why is there little outrage about welfare running out of money. Because they just don't give a frick
Posted on 4/15/17 at 8:33 pm to LSU5508
quote:
Mainly because I have no intent to ever get it so I'm doing my own thing. Just chalking it up as a charitable contribution at this point .
Mostly this on my end too. We are operating like it will not exist if/when we retire.
Posted on 4/17/17 at 2:45 pm to Joshjrn
quote:i think maybe you are bad at math. The tax bracket that most would consider middle class runs from $37k to $91k, and it's 25%. if you made $37k you'd be paying a little over $9k in federal income taxes. Im in the next bracket up, but by no means wealthy.
quote:
what middle class person is only paying $5k? I pay about $30k
Then you're either exceptionally bad at math or you're not an "average middle class person"
This post was edited on 4/17/17 at 2:47 pm
Posted on 4/17/17 at 2:51 pm to narddogg81
quote:
i think maybe you are bad at math. The tax bracket that most would consider middle class runs from $37k to $91k, and it's 25%. if you made $37k you'd be paying a little over $9k in federal income taxes. Im in the next bracket up, but by no means wealthy.
Huh?
25% is the marginal rate. If you have $37k of taxable income, you pay $3500 in federal taxes. To pay $30k in federal income, you need at least $140k in taxable income.
Posted on 4/17/17 at 3:00 pm to GeauxxxTigers23
quote:
Because it come straight out of the paycheck and people don't miss what they never had.
And that's only the people who work. The other half aren't upset about social security because they are living off of it.
Posted on 4/17/17 at 3:21 pm to slackster
Pretty close to that
Posted on 4/17/17 at 3:26 pm to TennesseeFan25
OP's statement is false.
its not pretty clear that you won't collect.
the formula has been changed in the past. all you have to do is change the formula to map to the population demographics.
for example, the rich pay little or nothing into the system. Know why? Because the rich, who run the Senate (nearly all millionaires) say, if you won't be taking out any, you don't have to put any in. rich people do not get their income from a pay check. so they are not taxed at all for socialist security.
Suppose instead, you tax the social security tax upon all income of every kind.
boom. no longer any issue about you getting your due. there would be excess.
its not pretty clear that you won't collect.
the formula has been changed in the past. all you have to do is change the formula to map to the population demographics.
for example, the rich pay little or nothing into the system. Know why? Because the rich, who run the Senate (nearly all millionaires) say, if you won't be taking out any, you don't have to put any in. rich people do not get their income from a pay check. so they are not taxed at all for socialist security.
Suppose instead, you tax the social security tax upon all income of every kind.
boom. no longer any issue about you getting your due. there would be excess.
Posted on 4/17/17 at 3:32 pm to TennesseeFan25
quote:
It's pretty clear we are all paying a decent bit into something that will never be available for us
I would be really surprised if SS dries up before other social programs. SS probably can't support the payouts as its designed right now, but it can be fixed relatively easily.
My guess is that SS will last as long as our republic does.
Posted on 4/17/17 at 3:34 pm to TennesseeFan25
Because the Democrats proposed using the budget surplus to pay for the increased costs of Social Security and Medicare in the 2000 elections, but Bush won, and turned the surplus into a massive deficit within his first 100 days. Since then we know we are farked.
Posted on 4/17/17 at 3:34 pm to CelticDog
quote:
OP's statement is false.
its not pretty clear that you won't collect.
the formula has been changed in the past. all you have to do is change the formula to map to the population demographics.
for example, the rich pay little or nothing into the system. Know why? Because the rich, who run the Senate (nearly all millionaires) say, if you won't be taking out any, you don't have to put any in. rich people do not get their income from a pay check. so they are not taxed at all for socialist security.
Suppose instead, you tax the social security tax upon all income of every kind.
boom. no longer any issue about you getting your due. there would be excess.
It's a fundamentally asinine program. The worst possible thing you could do is dump more money into it.
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