- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: I support Trumps proposed cuts to Social Security!
Posted on 3/15/24 at 1:07 pm to Bass Tiger
Posted on 3/15/24 at 1:07 pm to Bass Tiger
quote:Now now. Let's not be 'greedy.' Last I looked, SS ROI was well below 5%.
stated the money (15.3%) taken from our income over +45 years is compounded at 5%......
1
Posted on 3/15/24 at 1:16 pm to Revelator
quote:
No better way to lose an election than talking about cutting social security. Might not be right, but it’s reality.
Exactly... Very dumb. I know of a few lifelong Reps that said thats a no go forever for them. No matter the Party. They paid in for over 60 yrs. Any candidate that even mentions cutting Soc Sec will never get thier vote.
Posted on 3/15/24 at 1:26 pm to La Place Mike
quote:As an employer… I can tell you the employee absolutely pays all of it. They may not know it. But they pay it.
You are not self employed so you didn't pay 15.3% in to the system. Your simple math still needs some work.
Posted on 3/15/24 at 1:31 pm to AlwaysPutsSeatDown
Trump didn't support this just a couple of months ago. Now he does! Magic!
Posted on 3/15/24 at 2:48 pm to Ray Ray Rodman
quote:
I know of a few lifelong Reps that said thats a no go forever for them. No matter the Party. They paid in for over 60 yrs. Any candidate that even mentions cutting Soc Sec will never get thier vote.
bullshite. Trump proposed cuts in Social Security every year of his administration, and those people you mentioned will all vote for him again.
Posted on 3/15/24 at 4:27 pm to La Place Mike
quote:
quote:15.3 % You are not self employed so you didn't pay 15.3% in to the system. Your simple math still needs some work.
15.3% is what the employers and employees pay collectively into SS and Medicare....I know because I'm 50% owner of a Sub S company.
If the stock market has a 9-10% return historically including dividends one should expect 5-6% return with a conservative portfolio...
My point stands, if the government wants to get out of socialized retirement and medical care just give me a lump some of $1.5-2 million and we're square.
Posted on 3/15/24 at 4:36 pm to NC_Tigah
quote:
quote: stated the money (15.3%) taken from our income over +45 years is compounded at 5%......Now now. Let's not be 'greedy.' Last I looked, SS ROI was well below 5%.
Y'all are purposefully missing the point.
If the money that was taken from an individual by the government through payroll taxes for SS and Medicare was put into an account that was conservatively invested in a mix of bonds, treasuries and equities it would have easily earned 5-6% anually over the past 50 years. This account could have been structured for no withdrawals until age 62 and every responsible American would be way ahead of the current SS and Medicare shite show...I'm sure you understand.
Page 5 of 5
Popular
Back to top
Follow TigerDroppings for LSU Football News