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The funny thing about making people work longer is the idea that might make them live even longer. Retirement kills people with boredom, and I don't mean that as a joke. The other issue is that if you are married, all of a sudden you have to spend 24/7 with your life partner. While being married is great, not having to face each other 24/7 is a good thing for most, lol.
My father is turning 74 this year, and he still works a 40 hour week as a consultant. He travels and loves working. The reason he loves it is because it means he still matters. I also have a client in Colorado who is 95 years old and works six days per week. He has owned his business for nearly 50 years. He can no longer drive, but he is driven to work and home every day.
There are many doctors and lawyers working into their 70s and 80s. Roofers not so much.
I do understand that, and that is why there should be exemptions for those who are truly disabled and cannot work any longer. We actually have that now through disability.
How many times do we need to say this? We don't have a Tax Problem we're already taxed more then enough we have a Spending Problem. How is that so many don't understand this?
True! At least with the Democrats you know they're going to tax and spend you to death. With the Republicans, who knows?
Taxes are an all time low. What fantasy world are you living in?
Would you care to prove that somehow???
Yep. Both parties have steadily grown the government, increased entitlements, and been fiscally irresponsible. The ONLY reason I remain registered GOP is because the GOP does it somewhat more slowly than the Democrats generally do, and I want to be able to vote in our State's primary elections.
But as long as folks look for somebody to demonize and accuse and attack on a partisanship basis, but refuse to seriously look at any issue on its own merits , we will continue to elect irresponsible people to Congress and little or nothing will be done to correct anything.
OK but the Dems spend money that moves back through the economy. The Repubs spend money that leaves the economy.
And you see, it is really ignorant and blind ultra partisanship comments as yours here that I'm talking about. You are so brainwashed to believe such utter nonsense that you don't get past that to actually focus on the issue.
For example. Do you know why one of the world's largest corporations, General Electric, has paid no corporate taxes for the last two years? It is because they are making most of their money out of the country and the only business they're doing here is tax exempt.
Go ahead. Try to make a case that they are Republican. And good luck on that.
I would like to focus on what we can do to make it attractive to keep money IN the country instead of making it attractive to outsource jobs, production, investment. Are you capable of focusing on that?
No hidden agenda in my request.Taxes are an all time low. What fantasy world are you living in?
Would you care to prove that somehow???
Since you asked;
Federal Income Taxes on Middle-Income Families at Historically Low Levels — Center on Budget and Policy Priorities
Tax bills in 2009 at lowest level since 1950 - USATODAY.com
Taxes (As A Percentage Of Economy) Drop To Lowest Level In 60 Years
Chart of the day: U.S. taxes | Felix Salmon | Analysis & Opinion | Reuters.com
Federal Tax Revenue at Lowest Since 1950 - The Daily Beast
Your federal income tax rate is lower than you think « Jane Bryant Quinn
There's just a few for you. Now I am sure you will come back with the fact that taxes were lower in the 1920's and before then, but the truth is, this isn't the 1920's and we all know where those low tax rates got us back then.
The problem with restructuring SS and Medicare, or any other social program is that the costs would not just go away. They would merely be shifted to other areas of the economy probably at higher costs.
Here is the deal with SS and Medicare. When the programs were set up, no one imagined a life expectancy of 78 plus years. The programs were never intended to cover people for an average of 13 years. The fact is simple; people need to work longer. The retirement age must be raised so that full benefits can be paid out to everyone, although beginning at a higher age. Exceptions can be made for those who are truly disabled and unable to work past the age of 65, but everyone else needs to work for a few more years, or they can retire and fund their early retirement on their own money. We have got to understand that we just cannot support people for so many years without it having a detrimental impact on our society and economy as a whole.
There were over 40 taxpayers per SS recipient at the beginning of the program; now we're down to 3 to 1. In a few years, it will be 2:1.
Taxes on The Rich would have to be raised by nearly 90%, and taxes on the middle class by 60% to cover the gap. Even the Federal Government admits that entitlement programs are hurtling towards insolvency in the Annual Report published by the Treasury, which used Accrual instead of Cash Accounting.
The NPV on entitlement programs (expected receipts vs. promised beneifts) in 2010 was ($30T).
And the ugly little secret which politicians don't want the public to understand is that, even if one has paid SS taxes all of one's life, one is guaranteed nothing (even the Supreme Court said so). Congress can change the benefits and who gets them at any time.
It's NOT RETIREMENT INSURANCE. It's a generational Ponzi Scheme form of welfare.
OK but the Dems spend money that moves back through the economy. The Repubs spend money that leaves the economy.
And you see, it is really ignorant and blind ultra partisanship comments as yours here that I'm talking about. You are so brainwashed to believe such utter nonsense that you don't get past that to actually focus on the issue.
For example. Do you know why one of the world's largest corporations, General Electric, has paid no corporate taxes for the last two years? It is because they are making most of their money out of the country and the only business they're doing here is tax exempt.
Go ahead. Try to make a case that they are Republican. And good luck on that.
I would like to focus on what we can do to make it attractive to keep money IN the country instead of making it attractive to outsource jobs, production, investment. Are you capable of focusing on that?
Look at the facts. The Dems spend money on social programs that puts money directly into our economy.
The Repubs favor the military and bases and wars all over the world. Much of that money does not go back into the economy. The Repubs want foreign aid that goes into military spending. Our tax money is much of the profits by companies like GE. Much of that money leaves the country or leaves our economy.
And you see, it is really ignorant and blind ultra partisanship comments as yours here that I'm talking about. You are so brainwashed to believe such utter nonsense that you don't get past that to actually focus on the issue.
For example. Do you know why one of the world's largest corporations, General Electric, has paid no corporate taxes for the last two years? It is because they are making most of their money out of the country and the only business they're doing here is tax exempt.
Go ahead. Try to make a case that they are Republican. And good luck on that.
I would like to focus on what we can do to make it attractive to keep money IN the country instead of making it attractive to outsource jobs, production, investment. Are you capable of focusing on that?
Look at the facts. The Dems spend money on social programs that puts money directly into our economy.
The Repubs favor the military and bases and wars all over the world. Much of that money does not go back into the economy. The Repubs want foreign aid that goes into military spending. Our tax money is much of the profits by companies like GE. Much of that money leaves the country or leaves our economy.
The government cannot put money into the economy without taking money out of the economy OR creating debt that future economies will have to cover OR by printing more money that erodes the value of everything everybody owns. Dispute that if you can.
Most of the wars and foreign deployments of troops have been under Democrat Presidents and Congresses so if you want to appear intelligent, I suggest you stop trying to pin that one on the Republicans too.
Again is it possible for you to focus on the real issue here? What CAN be done to make it attractive for Americans to keep, invest, risk, grow, and save their money here in the USA?
Most of the wars and foreign deployments of troops have been under Democrat Presidents and Congresses
Look at the facts. The Dems spend money on social programs that puts money directly into our economy.
The Repubs favor the military and bases and wars all over the world. Much of that money does not go back into the economy. The Repubs want foreign aid that goes into military spending. Our tax money is much of the profits by companies like GE. Much of that money leaves the country or leaves our economy.
The government cannot put money into the economy without taking money out of the economy OR creating debt that future economies will have to cover OR by printing more money that erodes the value of everything everybody owns. Dispute that if you can.
Most of the wars and foreign deployments of troops have been under Democrat Presidents and Congresses so if you want to appear intelligent, I suggest you stop trying to pin that one on the Republicans too.
Again is it possible for you to focus on the real issue here? What CAN be done to make it attractive for Americans to keep, invest, risk, grow, and save their money here in the USA?
OK but when the Dems pull the money it flows back through the economy actually increasing the velocity of money.
When the Repubs take the money most of it is gone.
Most of the wars and foreign deployments of troops have been under Democrat Presidents and Congresses
Point taken.
The government cannot put money into the economy without taking money out of the economy OR creating debt that future economies will have to cover OR by printing more money that erodes the value of everything everybody owns. Dispute that if you can.
Most of the wars and foreign deployments of troops have been under Democrat Presidents and Congresses so if you want to appear intelligent, I suggest you stop trying to pin that one on the Republicans too.
Again is it possible for you to focus on the real issue here? What CAN be done to make it attractive for Americans to keep, invest, risk, grow, and save their money here in the USA?
OK but when the Dems pull the money it flows back through the economy actually increasing the velocity of money.
When the Repubs take the money most of it is gone.
Most of the wars and foreign deployments of troops have been under Democrat Presidents and Congresses
Point taken.
We've already established that it has been mostly Democrats who have authorized and committed military expenditures outside of the USA. From 2001 to 2006, the annual outlay of foreign aid going to most nations on Earth was about $20 billion a year. Once the Democrats took over in 2007, that amount swelled to about $50 billion a year.
General Electric that has outsourced more industry and jobs than any other U.S. company is headed by a Democrat currently in the Obama administration.
So as we explode your ignorant partisan myths one by one, can you NOW focus on the question or will you continue to ignore it.
What CAN be done to encourage U.S. money to be saved, invested, risked, and spent in the USA?
Something that has always worked such getting government out of the way our Nation doesn't need a Community Organizer it need's leader who is more interested in bringing our Nation together rather then acting like a divider such as we have been witnessing.
He's not even the kind of Community Organizer who is interested in bringing our nation together. He's a cynical partisan hack who preaches class warfare.
Read the text from his Budget Speech last week. It's the opening remarks for his 2012 Campaign.
I think the best way to handle the problem is to lower US corporate tax rates so they are closer to foreign tax rates. There are some loopholes that need to be eliminated, but just having the rates closer together would eliminate some.Yep. Both parties have steadily grown the government, increased entitlements, and been fiscally irresponsible. The ONLY reason I remain registered GOP is because the GOP does it somewhat more slowly than the Democrats generally do, and I want to be able to vote in our State's primary elections.
But as long as folks look for somebody to demonize and accuse and attack on a partisanship basis, but refuse to seriously look at any issue on its own merits , we will continue to elect irresponsible people to Congress and little or nothing will be done to correct anything.
OK but the Dems spend money that moves back through the economy. The Repubs spend money that leaves the economy.
And you see, it is really ignorant and blind ultra partisanship comments as yours here that I'm talking about. You are so brainwashed to believe such utter nonsense that you don't get past that to actually focus on the issue.
For example. Do you know why one of the world's largest corporations, General Electric, has paid no corporate taxes for the last two years? It is because they are making most of their money out of the country and the only business they're doing here is tax exempt.
Go ahead. Try to make a case that they are Republican. And good luck on that.
I would like to focus on what we can do to make it attractive to keep money IN the country instead of making it attractive to outsource jobs, production, investment. Are you capable of focusing on that?
