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

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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

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3 fricking threads on the same shite. There is no "contribution." It's a tax that was distributed to those on SS before you even got your direct deposit.

I want it ended so my kids don't get stuck and taxed for the same empty, useless promises. I've been preparing for decades that SS will not be paying me any money in retirement. Everyone else should too.

George W Bush was excoriated for bringing that up and am sure he wasn't the first.

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Kill it entirely.

If the older generations didn’t plan well enough to survive without that Ponzi scheme, too bad

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That would never be allowed. It'll get funded. Crack down on the fraud in SSDI and SSI.

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Kill it entirely.

If the older generations didn’t plan well enough to survive without that Ponzi scheme, too bad.

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Give me my money I've paid in for over 40 years plus interest first

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^^^this

Either very slightly raise the SS withholdings on paychecks and raise the retirement age a couple years OR pay me my money with a lot of fricking interest.

Social security is one of those things I'm ok with though that goes against my other fiscal views. American culture sadly doesn't take care of our elderly like other countries. We'd have a lot of homeless and destitute old people out there.

If they move retirement age back a couple years and had a tiny increase in SS, I think we'd be covered for a very long time.

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Or what about cutting fraud, waste, and abuse?

Isn’t that was Elon was supposed to do? Whatever happened there?

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He did what he wanted to do and the BBB destroyed it. We removed old waste and replaced it with new waste.

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, just like us were forced into that crap program.

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They weren't forced - they could've reformed it or voted to do away with it

Need pull themselves up by bootstraps and deal with it

The program should start when your 80

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Give refunds (with interest) to those who have been paying into for decades who haven’t reached retirement age yet

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

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Give refunds with what money?

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I am talking about Boomers. If it was never brought up for a vote, how could they have reformed it?

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They've had decades to elect representatives to do this. Decades.

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Without googling, tell me how much you think SS has vs estimates of fraud and abuse

The answer is less than pennies to the dollar

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Are you suggesting that since it may be negligible, we should not concern ourselves with stopping it?

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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.

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It was intended to, in the aggregate. It just never did, because realistically it never could, because there were people getting paid out after the first five years of SS taxes who never/barely paid in, and the investments never caught up like they were "supposed" to (I use that term ironically/facetiously). But no one literally thinks it's their own money in their own account set aside for them. Or at least I hope they don't.

The originators were also naive and didn't envision the complex system it became, with various categories of benefits based on age at retirement, qualifying spouses, etc. Originally it only paid out to the worker, and only at age 65, period. It was much simpler.

"Lockbox" doesn't refer to an individual account. It was Gore saying he wouldn't use SS money for any other budgetary purpose (of course, in the next sentence, he explained how it would be used for other budgetary purposes).