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re: Now Social Security could be depleted this decade

Posted on 4/23/20 at 1:09 pm to
Posted by Taxing Authority
Houston
Member since Feb 2010
57517 posts
Posted on 4/23/20 at 1:09 pm to
quote:

That's why it will never be means tested. It makes no sense to give away another 15% of your income to someone else without personal benefit.
My income tax is way higher than 15%. Means testing is coming—because “the rich” are by definition a minority. Democrats are fine exploiting minorities.
Posted by aTmTexas Dillo
East Texas Lake
Member since Sep 2018
15519 posts
Posted on 4/23/20 at 1:49 pm to
35% + 6.2% + 6.2% = 47% Total tax Which OP said it was 15% anyway. I don’t want to give my 6.2 % + 6.2 %that my company paid either.
I’ll take mine till they take it away. They will not means test. What will be the cutoff anyway? My retirement income or the worth of my IRA and savings?
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