Can Trump Be Trusted With Social Security?

[Lesh]

There is no "excess money collected in income taxes", moron.

Are you serious? You really have no clue and neither does StupidIrishBitch

 

[Toddsterpatriot]

Are you serious? You really have no clue and neither does StupidIrishBitch

We'd have to collect more in income tax than we spend for there to be "excess money collected in income taxes", you stupid twat.

 

[Lesh]

We'd have to collect more in income tax than we spend for there to be "excess money collected in income taxes", you stupid twat.

More correctly I should have said “payroll tax” and we DO collect more social security taxes than we pay out yearly and have since the mid 80s

You stupid twat

Educate yourself

 

[Toddsterpatriot]

More correctly I should have said “payroll tax”

FInally, you pull your head out of your ass long enough to correct your stupid error.

 

[climate chang]

FInally, you pull your head out of your ass long enough to correct your stupid error.

Lesh will need assistance with that.

 

[Lesh]

FInally, you pull your head out of your ass long enough to correct your stupid error.

Yeah. THAT made all the difference.

Do you understand how wrong you were now?

 

[Toddsterpatriot]

More correctly I should have said “payroll tax” and we DO collect more social security taxes than we pay out yearly and have since the mid 80s

You stupid twat

Educate yourself

and we DO collect more social security taxes than we pay out yearly and have since the mid 80s

Wrong again, stupid twat.

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Trust Fund Data

Table 4a3 - OASDI Trust Fund Operations

www.ssa.gov

2021, 2022, 2023 collections plus earnings are less than payouts.

 

[Toddsterpatriot]

Yeah. THAT made all the difference.

Do you understand how wrong you were now?

I understand you keep posting errors.

 

[Lesh]

and we DO collect more social security taxes than we pay out yearly and have since the mid 80s

Wrong again, stupid twat.

View attachment 1029763

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View attachment 1029764

Trust Fund Data

Table 4a3 - OASDI Trust Fund Operations

www.ssa.gov

2021, 2022, 2023 collections plus earnings are less than payouts.

Dude. Look at the last column.

Asset reserves at end of year

That is the Trust Fund. Yes. We have been drawing off that . But that Trust Fund exists

You think it doesn’t

 

[Lesh]

There is no "excess money collected in income taxes", moron.

Yeah. There is

Obviously

 

[Toddsterpatriot]

Dude. Look at the last column.

Asset reserves at end of year

That is the Trust Fund. Yes. We have been drawing off that . But that Trust Fund exists

You think it doesn’t

Yes, we're drawing down the reserves because we DON'T "collect more social security taxes than we pay out yearly" anymore.

 

[Toddsterpatriot]

Yeah. There is

Obviously

STOP, your idiocy is painful.

 

[climate chang]

Yeah. THAT made all the difference.

Do you understand how wrong you were now?

Like you're an authority. lmao

 

[Lesh]

Yes, we're drawing down the reserves because we DON'T "collect more social security taxes than we pay out yearly" anymore.

You claimed “there is no excess collected income tax”

Clearly there is

 

[Arlette]

Donald Trump Suggests Cutting Retirement Programs In Incoherent Ramble

The former president said there's "a lot you can do in terms of entitlements, in terms of cutting," but his answer mostly made no sense.

www.huffpost.com

Hard to tell what he talking about CUTTING here but it doesn’t sound good.

Do you trust him?

Trump is talking about not taxing SS benefits anymore. The taxes go back into the program right now and help fund it. Without the tax money SS is going to be insolvent sooner.

 

[Lesh]

Trump is talking about not taxing SS benefits anymore. The taxes go back into the program right now and help find it. Without the tax money SS is going to be insolvent sooner.

Yup

 

[Toddsterpatriot]

You claimed “there is no excess collected income tax”

Clearly there is

There is no "excess collected income tax” and there is no longer excess payroll tax collected either.

Clearly.

 

[Lesh]

There is no "excess collected income tax” and there is no longer excess payroll tax collected either.

Clearly.

There absolutely is “excess collected income (payroll )tax” your link shows that clearly.

Yes. We no longer collect more than we pay out. We now collect a portion of what we pay out and draw off the Trust Fund for the rest.

All clear now?

 

[Toddsterpatriot]

There absolutely is “excess collected income (payroll )tax” your link shows that clearly.

Yes. We no longer collect more than we pay out. We now collect a portion of what we pay out and draw off the Trust Fund for the rest.

All clear now?

There absolutely is “excess collected income (payroll )tax” your link shows that clearly.

Where did my link show that? What line?

 

[Lesh]

There absolutely is “excess collected income (payroll )tax” your link shows that clearly.

Where did my link show that? What line?

View attachment 1029766

Dude… the last column. That is the excess previously collected