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That is what they did in a short sentence. Plus it was the peak earnings decade of the baby oomers. Nothing really permanent although there were some welfare changes.By moving numbers on paper?
Rep Rick Allen (R-GA) wants people who work at least 5 days a week, 8 hours a day to work past age 67 so republicans can cut social security. Allen is the 12th richest person in congress…worth $52 MILLION in 2018.
The Social Security age should be lowered to 60.
There should be no income cap on the 6.2% tax paid into Social Security.
All capital gains should have a 6.2% Social Security tax imposed.
All Wall St trades should be taxed at 6.2% to pay for Social Security and Medicare.
If you die you get paid 0% of owed benefits.1. No action means SS pays 70% of owed benefits. Bad, but not zero.
2. SS needs to be "fixed" so it always pays owed benefits. Easy peasy. No one gets screwed.
3. Logon to SS and see your promised benefits.
"Extending" Social Security to 75 years? What does that mean? You can apply for Social Security at 62 today. Two hundred bucks? Is he kidding?
If you die you get paid 0% of owed benefits.
him first.....Rep Rick Allen (R-GA) wants people who work at least 5 days a week, 8 hours a day to work past age 67
Frogging idiots. The government did not STEAL the payroll deductions that were taken out on FICA.Is that a joke? There is no Social Security locked box. The government started stealing FICA money the day after they passed the law. LBJ made it "legal" when he authorized FICA taxes to be placed in the general fund. Two hundred bucks in benefits? You can't get a meal in a decent restaurant for $200. It's more desperate political posturing from a socialist who ain't got a freaking clue about the real world.