Ultimately, I think we're going to have to stratify SS benefits so that those who NEED it can get it. I max out the SS deduction every year, but my retirement plans don't rely on SS at all. I'm OK with it.
Nikki Haley Is Coming for Your Retirement
- Thread starter cigaretteman
- Start date
The first thing I would do would be to offer a private investment option for anyone choosing to put their SS dollars in the market. I would also raise the age at which one could claim SS and eliminate the income limit for paying into the system. I would stop allowing people to claim SS disability. I know some will say that's harsh but you can't mathmatically have a system where people are withdrawing from a system they haven't paid into. If the government wants to establish a separate system for those people that would be up to them but it shouldn't be part of SS. Stop allowing illegal immigrants to claim any SS benefits regardless if they paid into the program or not. This should help SS and hopefully discourage some illegal immigration.
Just spit ballin'
Also remember, “taxes” is a game every state plays. States need money to operate. Every state’s does...Red, Blue, purple. They all claim their share of revenue.
Locally one of the biggest (Republican) lies repeated and never challenged, is about how Iowa is a “high tax” state....Iowa does tax income higher than most, however, the fact of the matter is that Iowa ranks 25th or 26th in the nation when all its taxes are included! You will never hear this from the Iowa GOP. And the way I see it, being ranked “in the middle” for taxes is about where we should be.
And as usual, more than 24 hour later, and not one maga has challenged you on your post.
They can’t...there is 20 years or more of proof. Other than “tax cuts” the GOP/ MAGAts have offered nothing except negativity and complaining. The GOP master strategy is to convince people to vote against their own best interests..it takes an ignorant public to support this idea, but in America no one can make anyone be smart!
Totally agree with this. There's always inflated prices. The first time gas prices skyrocketed food prices shot up - they didn't drop when gas prices went back down. This is back when Bush was POTUS. Same thing now. Restaurants aren't going to drop prices in a year or two.
If you think they “shit up” when Buah was Oresudent…. To bad you weren’t here for when they “jumped” the first time under Nixon! !
Inflation created then cost both Ford and Carter the Presidency.
I remember Watergate with Nixon and the energy crisis and inflation with Carter...oh and the nightly day whatever hostage count on the news.
Because fvck that. Until EVERYONE has skin in the game I think taxing me to death until I hit $150k each year is plenty.
Let me rephrase that, there’s a max amount you can collect right? Why the fvck should I pay magnitudes more without a proportional return? If I make a million why should I be penalized because someone who makes $40k pays in WAY less, but still collects the same as me?
So don’t eliminate the cap but raise it a bit. Or have a declining amount that phases out at higher income levels.
Yeah, I think the current cap is plenty high. There‘s plenty of other ways to tax actual rich people vs. higher than average income earners.
Well, pretty sure payroll taxes are the only source of funds for Social Security.
