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re: Social Security has 6 years left, cut benefits or raise taxes?
Posted on 3/20/26 at 12:39 pm to TigerintheNO
Posted on 3/20/26 at 12:39 pm to TigerintheNO
Push full retirement back to 68. Also push min age to receive benefits from 62 to 65.
I would also push Medicare back to 68.
For those of you who want a refund, lol
Best we could reasonably do is some kind of limited nonrefundable tax credit. Something like a 50k lifetime max, max per year of 5k, starting at age 67.
I would also push Medicare back to 68.
For those of you who want a refund, lol
Best we could reasonably do is some kind of limited nonrefundable tax credit. Something like a 50k lifetime max, max per year of 5k, starting at age 67.
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Posted on 3/20/26 at 12:39 pm to Gravitiger
quote:That is a heavy dose of “in theory”.
I mean, that's the whole idea, in theory. The government takes your money and invests it for you, so there is more of it later.
Posted on 3/20/26 at 12:40 pm to Nado Jenkins83
quote:
They better have my money
Or what?
Posted on 3/20/26 at 12:40 pm to Scruffy
quote:That's why I included it.
That is a heavy dose of “in theory”.
Posted on 3/20/26 at 12:40 pm to TigerintheNO
Go ahead, end the program but give me all my damn money back first.
Posted on 3/20/26 at 12:41 pm to Gravitiger
quote:
he government takes your money and invests it for you
It was never intended to operate this way, and never has. There is no "lockbox." What came out of your check on the 15th was sent to do someone on SS immediately. "Your money" was gone before your direct deposit even hit.
Posted on 3/20/26 at 12:42 pm to Scruffy
quote:
But you have to get yours
Well yea… it is mine
Posted on 3/20/26 at 12:43 pm to WhoDatNC
quote:And if that choice is completely infeasible and would result in economic destruction, you would choose that over the future of our younger generations?
Go ahead, end the program but give me all my damn money back first.
Your money doesn’t exist anymore.
It was used to keep the Ponzi scheme afloat.
You need the next generation to support you.
Posted on 3/20/26 at 12:43 pm to Scruffy
frick you
Posted on 3/20/26 at 12:44 pm to Displaced
quote:
should have privatized it back when GWB wanted to.
Greatest idea in modern American political history and he was crucified for it.
You want to talk about creating generations of wealth? That was how to do it.
Posted on 3/20/26 at 12:44 pm to UnluckyTiger
I mean we already have welfare
Posted on 3/20/26 at 12:46 pm to Bear88
quote:Like I said, greed.
Well yea… it is mine
It is hilarious how everyone rails about SS constantly, but they are unwilling to accept the sacrifice so that the next generations don’t have to carry the burden.
You won’t be able to survive with the pittance they will send you monthly?
Did you not plan accordingly?
A society grows great when old men plant trees whose shade they know they will never sit in.
This post was edited on 3/20/26 at 12:47 pm
Posted on 3/20/26 at 12:46 pm to TigerintheNO
The uniparty will push for a tax on unrealized gains to keep SS solvent.
Posted on 3/20/26 at 12:48 pm to Eightballjacket
quote:Not sure how auto-crashing the economy would keep SS solvent.
The uniparty will push for a tax on unrealized gains to keep SS solvent.
Posted on 3/20/26 at 12:49 pm to Scruffy
quote:
you know it is a broken program.
You know it is a massive Ponzi scheme.
You know it is a massive economic impact on younger generations because you went through it.
You know it needs to be abolished.
But you have to get yours even though you know all of that.
If that isn’t greed, I don’t what is.
You know these people have contributed tons of money to this program and you (as a taxpayer) want to end it so that you don't have to pay up and do it right?
That sounds a lot like greed.
Posted on 3/20/26 at 12:50 pm to Eightballjacket
quote:Or they will finally raid 401ks so that the greedy fricks in here can get that sweet sweet $2000 per month.
The uniparty will push for a tax on unrealized gains to keep SS solvent.
Posted on 3/20/26 at 12:51 pm to TideCPA
quote:
Not sure how auto-crashing the economy would keep SS solvent
You’re assuming they act logically and with the public’s best interest in mind.
Posted on 3/20/26 at 12:51 pm to TigerintheNO
You never have to raise taxes to fix anything.
Posted on 3/20/26 at 12:52 pm to TTB
It’s been talked about forever. But no, it has never been “it ran out of money” that just never emerged.
This post was edited on 3/20/26 at 3:55 pm
Posted on 3/20/26 at 12:52 pm to moneyg
quote:I will gladly give up every bit that I have put in over the years.
You know these people have contributed tons of money to this program and you (as a taxpayer) want to end it so that you don't have to pay up and do it right?
As a matter of fact, I will gladly pay for the next 40 years and never receive a dime so that the generations after mine, my daughter’s generation, will never have to pay a single dime into the system.
And there is no “doing it right”.
SS is a broken system.
This post was edited on 3/20/26 at 12:53 pm
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