Biden proposing increased taxes for social security. Already Struggling families and wage earners will now have to dig a little deeper. Thanks #Bidenomics
Read my Lips yes new taxes
- Thread starter GeauxHerd
- Start date
So, people making more than $168,000 per year would have to dig a little deeper. shameful
It is shameful. Govt Dependent rubes like yourself wanting someone else to pay you a welfare, redistribution "benefit".
168 is not rich. Get out of Wayne County some.
In highschool as President of young republicans club, I had a debate with the democrat club president. The short of it was, he didn’t think Americans paid enough in Taxes. I knew all those years ago that I wasn’t dealing with the sharpest knife in the drawer when it came to democrats.
It is to guys like Raoul and Inbred. It is solid middle class in most cities throughout the country.
$168k is a very low limit these days. That cap was set in 1983. It absolutely makes sense to peg that limit to inflation. Inflation calculators say $168k then is $533k now. Surely something in the middle should be politically acceptable...then again, we know Republicans want to END Social Security, not fix it.
And yes, one could live like a king here for $168k a year. Not that most people would want to lol.
Unfortunately, those people making 168k now, were not the workers making 168k in 1980. 168k now, is solid middle class.
Your answer to "fixing it" is just tax people more. It's a taxpayer boondoggle that cant manage itself. Typical for a govt bureaucracy.
https://abcnews.go.com/Health/socia...eople-demanding-money-back/story?id=103287465
You can Google plenty of quotes and hair brained ideas on this from Republicans.
well here in ohio 168K doesn't go far after I pay the Feds, State of Ohio, City of Athens, County Treasure for property tax and the local school where we live another 1%.
God forbid we raise the withholding from social security and tie it to your income. That use to be a gop talking point/policy suggestion. It's still good policy and needs to be done
I never thought I'd see someone as stupid as Greed here but RD is giving it a go. Maybe he's back on the 💊 s again like Cuck always said.
And those are the same people that think single payer health is a good idea, along with universal basic income.
They are not the brightest bulbs on the Christmas tree lights.
It's 67% more than u s median family income. Stop french kissing the well to do.
Yes sir! I particularly laugh at the suggestion that, "we could do single payor differently." The same folks cant point to one overwhelmingly successful govt program, but blindly "hope" it can be done better than every other failure of single payor systems around the world.
Just like SSI was never intended to provide taxpayers their entire retirement package, only to grow into just another modern welfare redistribution program for all; single payor would quickly descend into a tax payor funded boondoggle delivering shitty care and limited benefit.
So what. SS taxes you paid were used for those before you. It was never a defined benefit plan for you moron.
It’s also 168k before taxes not take home pay. So that 168 is actually probably closer to 135
Come on now. 168 is middle class. Not even near the top. You are a backwards jealous rube. Well to do? 168 is not even close to that.
You claiming you've "paid taxes a long time" is irrelevant inbred.
When SS was introduced, withholding was 2%. Apparently everyone was promised it would never need to be raised. Then 4, now 6.5%. Mismanagement and broken guarantees are the govt way. It's terrible policy. Take more, so "beneficiaries" receive less.
I'm not debating that and both sides are guilty of robbing ss Funding but raising g the income cap is a no brainer
Hey, Mr. Independent, the cap has been tied to inflation for decades so the $168,000 cap is already an inflation adjusted number. Back in the 1950s it was about $40,000.
I don’t have a problem with raising more SS taxes, but if they want to really “tax the rich” why don’t they do a slot limit? Leave the current cap structure in place and then take the cap back off for income over $500,000.
That would actually raise more money and not impact the middle class. The issue is it would actually really impact rich people and the powers don’t really want to tax the rich.
Say they raise the cap to $200,000. A person making $1,000,000 will pay about $1,800 more and a person making $200,000 will pay $1,800 more. Under my idea a person making $1,000,000 would pay $32,500 more and a person making $200,000 would see no change.
The problem is a person like Jamie Dimon would have to pay $2.3 million more since he made $36 million last year. They don’t tax their friends and donors. Hell, I would be open to putting a cap of $500,000 in total SS tax payments to take some of that off the super rich. That would mean Mr. Dimon would only pay 1.3% of his pay to SS. That’s fair, right?
I am not surprised you compare 168,000 to multi millionaires. Stop being stupid for a minute or two and compare 168,000 to the average social security recipient...21,000. Stop french kissing the well to do
I love it when Raoul pretends to be an expert on something only to get schooled in a thread.
i am not comparing 168 to multi millionaires, you are. 168 is absolutely middle class.Is it good money, yes. Is it rich, no.
You are just a jealous hayseed.
“That wasn’t actual socialism, it just needs to be done differently ”……. Sure thing. The next thing you know you have a jackboot on your neck
Pretty much the norm. What he lacks in knowledge he makes up for with confidence.
