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re: 56% of GOP voters want govt to pay more in monthly SS benefits/medicare

Posted on 5/16/24 at 11:26 am to
Posted by BCreed1
Alabama
Member since Jan 2024
1348 posts
Posted on 5/16/24 at 11:26 am to
Let's be more clear here.

- we both are on the same page when it comes to the very existence of it. If we were back in time when FDR put this out there, we would have stood against it.

- But that is not where we are in time. You and I are here in 2024. We both would rather have our money to invest. I could make a lot more just with dividends.

- I think income taxes need to go away too. But not the topic.

- We both think that welfare needs to go.

- Our difference is that I am not willing to allow the federal Gov to keep people's monies via a tax to simply get my wish of ending it. You are ok with that. That is our difference.


There are ways to end it and not have the federal gov laughing at the US Citizen behind closed doors calling us "suckers" "we took their money and will still find a way to tax them".

That is our only difference. The method to end it.
Posted by NC_Tigah
Carolinas
Member since Sep 2003
124272 posts
Posted on 5/16/24 at 11:58 am to
quote:

I am not willing to allow the federal Gov to keep people's monies via a tax to simply get my wish of ending it. You are ok with that. That is our difference.
All immaterial anyway. SS is a debt funding instrument marketed as a retirement program.

As long as our nation is in debt, the US government will not cede SS as a debt management tool.

Regarding ending the program with no payback for contributions, d/t the debt obligation structure, I'm fairly certain that would entail Constitutional challenges.

Posted by Taxing Authority
Houston
Member since Feb 2010
57425 posts
Posted on 5/16/24 at 12:46 pm to
quote:

Let's be more clear here.
I appreciate the attempt.

quote:

Our difference is that I am not willing to allow the federal Gov to keep people's monies via a tax to simply get my wish of ending it. You are ok with that. That is our difference.
it’s not a “wish”. It’s a recognition that WE DO NOT HAVE THE MONEY.

quote:

There are ways to end it and not have the federal gov laughing at the US Citizen behind closed doors calling us "suckers" "we took their money and will still find a way to tax them".
You don’t think they do that with all taxes?

I don’t care if those clowns are entertained or not. I do care if we have to go through a monetary collapse because we are unwilling to face up to the fact that we simply don’t have the money.
This post was edited on 5/16/24 at 12:49 pm
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