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re: Social Security has 6 years left, cut benefits or raise taxes?

Posted on 3/22/26 at 7:37 am to
Posted by Zgeo
Baja Oklahoma
Member since Jul 2021
3681 posts
Posted on 3/22/26 at 7:37 am to
Eliminate fraud
Posted by FLBooGoTigs1
Nocatee, FL.
Member since Jan 2008
59271 posts
Posted on 3/22/26 at 7:37 am to
quote:

Any talk of student loans being forgiven needs to be eliminated until SS is flush


Lol you know that's just Democrats doing what they do. Free free not one bill or any legislation to help the middle class working people. My .02 just give me my money I have paid into it and I will invest it how I see fit.
Posted by jclem11
Chief Nihilist
Member since Nov 2011
9767 posts
Posted on 3/22/26 at 7:53 am to
quote:

Make all these billionaires pay their fair share.


What is "fair share"? We need specifics.

quote:

Eliminate the IRS and go to a flat tax system


Uhh....you still need to administer, collect, and audit taxpayers in a "flat tax system."

quote:

Done in multiple countries throughout Europe.


And Europe is exactly like the US isn't it?
Posted by Warfarer
Dothan, AL
Member since May 2010
12417 posts
Posted on 3/22/26 at 8:05 am to
quote:

Agree with this.

Cut the program now.

Refund people the money they stole plus interest and let people invest in their own future


Id be good with this solution. shite, between that and my Roth/401k, I could build a new house and retire now at 47. I have paid in close to 200k into it over 34 years. Even at a measly 3 or 4% interest, I would be a millionaire now and I could stick that in dividend funds and live the rest of my life.

I will never get out of SS what I have contributed with any interest.

I am one that actually thinks retirement age shouldnt be a consideration with benefits, it should be amount of time contributed and then you get a monthly amount based on what you put in.
Posted by jclem11
Chief Nihilist
Member since Nov 2011
9767 posts
Posted on 3/22/26 at 8:21 am to
quote:

I have other retirement savings plus two retirement pensions


Oh look yet another thing the boomers received from their parents and grandparents that they decided to say frick dem kids to and eliminate. lolz.

And yall wonder why Millennials and Zoomers despise your asses.

Boomers are the most entitled, selfish fricks who were given the world and lived in the best time in modern history and are leaving their kids and grandkids WORSE OFF.

Posted by SiriusBraveFan
Member since Nov 2014
744 posts
Posted on 3/22/26 at 8:50 am to
What about reforming the whole nonworking spouse getting half of the working spouse's benefit? If the working spouse dies then there should be a benefit for the other spouse to protect him/her in that case. But while both are living should the nonworking spouse be able to draw when they didn't pay in? Just a thought while brainstorming.

Plus the disability payments need reforming I'm sure.
Posted by jclem11
Chief Nihilist
Member since Nov 2011
9767 posts
Posted on 3/22/26 at 9:41 am to
quote:

Do you realize that in the next 6 years, the world economy will be totally different. AI will put even the workers who pay taxes out of work. You won't recognize the new world you will be in.


Remind me in 6 years to see how this ages.
Posted by KWL85
Member since Mar 2023
3775 posts
Posted on 3/22/26 at 11:19 am to
They will eventually need to raise the income limit that is taxed. It sits at $184k.
Posted by NPComb
Member since Jan 2019
28496 posts
Posted on 3/22/26 at 11:24 am to
I for one am happy that the boomers get my share just before I retire. Thanks boomer!!!
Posted by achenator
Member since Oct 2014
3304 posts
Posted on 3/22/26 at 11:37 am to
quote:

They will eventually need to raise the income limit that is taxed. It sits at $184k.
Are they going to raise the benefit? That's a 12+ percent increase on someone like a self employed doctor's salary above the limit. Will that help job numbers or healthcare prices?
Posted by lsugorilla
PNW
Member since Sep 2009
6702 posts
Posted on 3/22/26 at 11:52 am to
Tax billionaires
Posted by jclem11
Chief Nihilist
Member since Nov 2011
9767 posts
Posted on 3/22/26 at 11:52 am to
quote:

DoubleClutch


Woah buddy! Seek help, baw. You are posting crazy on main rn.
Posted by NIH
Member since Aug 2008
122855 posts
Posted on 3/22/26 at 12:01 pm to
He’s a welder at a refinery. Blue collar folks are going to rule the world.
Posted by Swamp Angel
West Georgia Chicken Farm Territory
Member since Jul 2004
10179 posts
Posted on 3/22/26 at 3:19 pm to
quote:


Don’t you think if they had all the money we paid in, then it wouldn’t be in danger of going insolvent…?


Exactly.
Posted by KWL85
Member since Mar 2023
3775 posts
Posted on 3/22/26 at 3:30 pm to
quote:

quote:
They will eventually need to raise the income limit that is taxed. It sits at $184k.

Are they going to raise the benefit? That's a 12+ percent increase on someone like a self employed doctor's salary above the limit. Will that help job numbers or healthcare prices?


Don't hold your breath. The whole thing will go bankrupt if adjustments aren't made. I don't see how this fix this without raising the limit.
Posted by armytiger96
Member since Sep 2007
2550 posts
Posted on 3/22/26 at 4:35 pm to
quote:

Eliminate the IRS and go to a flat tax system.



You do realize that if you went to a flat tax then everyone would go to the current highest rate right? 2/3's of all Federal taxes are paid by the Top 5% of earners.

quote:

In 2022, the top 5% of income earners in the US paid approximately 61% of all federal individual income taxes.


Top 5% income is $350,000 household income.

Collectively, the Top 5% of earners pay twice as much as the other 95%!

This notion of "fair share" is media narrative to infuriate the masses and create class warfare. No different than the generational warfare they are creating now pitting younger generations against the older generations.

This post was edited on 3/22/26 at 4:44 pm
Posted by TigeeDaleC
Prairieville
Member since Jun 2014
192 posts
Posted on 3/22/26 at 5:19 pm to
Phase it out.
Posted by 3D
NJ
Member since Sep 2013
1389 posts
Posted on 3/22/26 at 5:23 pm to
If u never paid anything in, then u shouldnt get anything out
Posted by Nole Man
Somewhere In Tennessee!
Member since May 2011
9100 posts
Posted on 3/22/26 at 5:24 pm to
Yep. IRS data shows the top 5% of earners, starting around $350K in household income, already pay about 61% of all federal income taxes, roughly twice as much as the other 95% combined.

But..A flat tax simply simplifies the system: one rate, fewer deductions, fewer loopholes, lower compliance costs, and a reduced IRS burden because there’s less complexity to administer or enforce.
Posted by armytiger96
Member since Sep 2007
2550 posts
Posted on 3/22/26 at 7:47 pm to
quote:

But..A flat tax simply simplifies the system: one rate, fewer deductions, fewer loopholes, lower compliance costs, and a reduced IRS burden because there’s less complexity to administer or enforce.


Which is another reason why you won't see a flat tax. Lower 95% see a tax increase and wipe out an entire industry of jobs.
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