Victor R Franko

You're not much of an investor are you? And if you are you probably invest super conservative just like women do, huh?

:lol:

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unless SS is "reformed" (aka a payroll tax increase from 12.4% to ~15%),

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This might not necessarily be the first step. Nor will raising retirement age be a first step.

IMO I think the next step is going to be raising the limit on the Social Security taxable wage base for 2026 from $184,500 to a couple of million dollars, or just delete the limit. A 12.4% tax on all earnings with no cap.

In you example of paying into and payout of the SS system...in addition to the inflation of money, does it factor in if year one and every subsequent year were invested in a simple interest earning account?
For instance the man's first year is invested in a cd, 2nd year, 3rd year and so on. What would the value of all those years be after 46 years? Assume a 4% annual interest rate. Of course it could be any investment medium, but use 4% cd for discussion.

And another thing, your copy/paste didn't say if the employee pay in also includes the matching employer contribution. Employee portion on the check is only half of what he's really paying in. If not for SS the employee would see his portion and the additional employer portion on his check.

Will not save money. Money will just be spent somewhere else, probably to some fraudulent program. Repay the money to social security recipients that have been paying all their working life.

Buster comes out with the elusive and rare non-dido or fagatry post!

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Reed_Option

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I’ll have you know that….we mixed in a few U downs today, too. To little effect.

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User name checks out.

So 315,000 filled in ballots fall off a truck somewhere and end up in the pile of ballots to be counted? Nobody signed for them, nobody knows where they came from, but let's count them anyway?
Sigh.

:lol:

Miami should have used a time out to make aggy punt into the wind. Now they'll punt with it.

For a refresher. Trooper makes no effort to at least acknowledge or sidestep players. As for players, #28 attempts to turn shoulders to allow trooper to pass, #8 makes no effort, but appears to be looking out into the field.
DPS (Department of Public Safety) Trooper gets his knickers in a twist by his reaction. Aggy gonna be guilty by association, and no apolopgy or update on investigation issued yet.

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