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re: 'You earned it, you keep it act' bill would eliminate taxes on Social Security

Posted on 2/8/24 at 7:31 pm to
Posted by SquatchDawg
Cohutta Wilderness
Member since Sep 2012
14339 posts
Posted on 2/8/24 at 7:31 pm to
quote:

raises the cap on SS tax from 168K to 250K


I would be willing to accept this if I thought our government was run efficiently and this was what was needed to keep the program solvent. But it isn’t…so I won’t.

I don’t know what the math is, but what across the board spending cut would be needed to shore up SS ? 2%? 5%?

Do that before you take my more of my money and send it to Ukraine.
Posted by NC_Tigah
Carolinas
Member since Sep 2003
124657 posts
Posted on 2/9/24 at 4:01 am to
quote:

I would be willing to accept this
Except that is not the proposal
Posted by OceanMan
Member since Mar 2010
20078 posts
Posted on 2/9/24 at 5:32 am to
quote:

I would be willing to accept this if I thought our government was run efficiently and this was what was needed to keep the program solvent. But it isn’t…so I won’t


I would be willing to give up the employer side to get the employee side. Opt out now, employer side goes to the fund, employee side goes into and IRA. Anyone under 40 not taking that deal?
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