Some Inconvenient Facts About Social Security

[Admiral Rockwell Tory]

But you get a 4 1/2 year increase to your total retirement window

That is if you live that long. I am now 62. In the past year I was hospitalized twice with me knocking on death's door. I have been on SS for 2 months.

 

[struth]

The issue is really how SS is funded. There is a cap on the taxable income that goes to ss and medicare. Itsonl paid on the first$250000 you make in a year.

The working class pay fica taxes on 100% of their income. The wealthy barely pay 1%-2%

And its not enough, because there isnt enough new income to make up for people living longer and using more money.

They need to raise or remove the cap.

SS is based on the amount you pay…so if you raise the cap, the folks paying more get more.

i agree it’s part of how it’s funded…because it’s set up like a ponzi scheme.

 

[Admiral Rockwell Tory]

of course i am paying the tax

nobody is trying to deny you anything…but you should know, you have no “right” to SS.

You are technically correct. Politically, you are dead wrong.

 

[struth]

You are technically correct. Politically, you are dead wrong.

rights aren’t based on politics. rights protect us from politics.

SS is a program funded by a tax, that politicians play politics with

 

[Leviticus]

SS is based on the amount you pay…so if you raise the cap, the folks paying more get more.

i agree it’s part of how it’s funded…because it’s set up like a ponzi scheme.

Boomers use far more than what they paid.

 

[rightwinger]

That is if you live that long. I am now 62. In the past year I was hospitalized twice with me knocking on death's door. I have been on SS for 2 months.

Well, that is the way life works

Social Security is built on averages

 

[Toddsterpatriot]

The issue is really how SS is funded. There is a cap on the taxable income that goes to ss and medicare. Itsonl paid on the first$250000 you make in a year.

The working class pay fica taxes on 100% of their income. The wealthy barely pay 1%-2%

And its not enough, because there isnt enough new income to make up for people living longer and using more money.

They need to raise or remove the cap.

There is a cap on the taxable income that goes to ss and medicare. Itsonl paid on the first$250000 you make in a year.

You're mistaken.

The working class pay fica taxes on 100% of their income. The wealthy barely pay 1%-2%

They all pay the same rate up to the cap.

They need to raise or remove the cap.

Why would that help? Be specific.

 

[Admiral Rockwell Tory]

The issue is really how SS is funded. There is a cap on the taxable income that goes to ss and medicare. Itsonl paid on the first$250000 you make in a year.

The working class pay fica taxes on 100% of their income. The wealthy barely pay 1%-2%

And its not enough, because there isnt enough new income to make up for people living longer and using more money.

They need to raise or remove the cap.

Try $160,200 for 2023. You need to research a comment so you are not showing your ass!

 

[Admiral Rockwell Tory]

Boomers use far more than what they paid.

Your photos are off topic.

 

[Admiral Rockwell Tory]

rights aren’t based on politics. rights protect us from politics.

SS is a program funded by a tax, that politicians play politics with

Rights? You have no right to SS. I suggest a return to reality.

 

[struth]

Boomers use far more than what they paid.

i don’t disagree…that’s cause it’s set up like a ponzi scheme…taking more from people to pay other people…is rhe hallmark of a ponzi scheme. It fundamentally needs to change..i say we look to Sweden, they had the same problem and successfully changed it

 

[struth]

Rights? You have no right to SS. I suggest a return to reality.

Is reading comp hard for you? when did i say it was a right? geez

 

[miketx]

Virtually all of the aged denizens of this great nation express similar opinions on Social Security regardless of political affiliation, to wit: “I paid into Social Security. It’s MY money. I am entitled to get it back when I retire.”

It is our fucking money so stfu!

 

[struth]

It is our fucking money so stfu!

no…it’s a tax. It’s the federal govt money.

 

[miketx]

no…it’s a tax. It’s the federal govt money.

Lying pos. You scum wanna see blood run, cancel SS.

 

[Admiral Rockwell Tory]

Is reading comp hard for you? when did i say it was a right? geez

Post #184 you fucking dumbass!

 

[struth]

Lying pos. You scum wanna see blood run, cancel SS.

no no it’s a tax…literally called a tax. You pay 6.2 percent your employer pays the other half for you…unless your are self employed then you pay 12.4 percent of your income.

and you have no right to benefits…see Fleming v Nester 1960

 

[struth]

Post #184 you fucking dumbass!

quote where i said it was a right…i’ve literally be highlighting repeatedly it wasn’t

 

[Admiral Rockwell Tory]

quote where i said it was a right…i’ve literally be highlighting repeatedly it wasn’t

If you can't read your own post, you are honed to the fine edge of a beach ball intellectually.

You said, "rights aren’t based on politics. rights protect us from politics." We were discussing SS. Did you mean this applied to car insurance of something else stupid and off topic?

 

[struth]

If you can't read your own post, you are honed to the fine edge of a beach ball intellectually.

You said, "rights aren’t based on politics. rights protect us from politics." We were discussing SS. Did you mean this applied to car insurance of something else stupid and off topic?

wow reading comp is a problem for you. i said that in response to show that it wasn’t a right