Started By
Message

re: National debt tops $22 trillion for the first time as experts warn of ripple effects

Posted on 2/13/19 at 2:10 pm to
Posted by cahoots
Member since Jan 2009
9134 posts
Posted on 2/13/19 at 2:10 pm to
quote:

THIS! The only way one could balance the budget is ending SS and MEDI, while continuing to collect the taxes. Anyone think that's politically possible?

Otherwise you're looking at almost trippling the tax rates on the "middle class"

I can hear it now "Just tax 'the rich' more!" The problem is... when you're already taking 39% of their marginal income... you can't triple it. People paying 10% however... it's possible.

There's a lot of pain coming to the middle class. And most of them are too stupid to see it coming.


I think the least painful cut is to first restrict SS in specific ways. For example, you shouldn't be able to collect more than you put in unless you are unable to provide for yourself otherwise. That seems pretty basic.
Posted by wickowick
Head of Island
Member since Dec 2006
45830 posts
Posted on 2/13/19 at 2:12 pm to
quote:

I think the least painful cut is to first restrict SS in specific ways. For example, you shouldn't be able to collect more than you put in unless you are unable to provide for yourself otherwise. That seems pretty basic.


You think that is an easy compromise? You are delusional.
Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 2/13/19 at 2:51 pm to
quote:

I think the least painful cut is to first restrict SS in specific ways. For example, you shouldn't be able to collect more than you put in unless you are unable to provide for yourself otherwise. That seems pretty basic.

This converts it to basically a welfare program. Either way, CLEARLY, you can't make that change without grandfathering it. Either way, why not just gut SS entirely and replace it with a pure welfare program(again, you'd have to grandfather it).
Posted by Taxing Authority
Houston
Member since Feb 2010
57452 posts
Posted on 2/13/19 at 3:59 pm to
quote:

For example, you shouldn't be able to collect more than you put in unless you are unable to provide for yourself otherwise. That seems pretty basic.
Thst takes out spouses and survivors insurance right off the top. Why do you hate women and children?
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram