Darn those pesky facts.

[LAUGHatLEFTISTS]

This ^^^ makes no sense.
Did it sound good when you typed it.

Distribution of Wealth Scheme?????.........WTF are you rambling incoherently about?
Dear Lord.

You should probably take a look at the original Social Security bill. Then take a look at what you politician heroes have done to it over the past sixty years.

You won’t. It will burst you’re bubble head and your reply.

 

[Toddsterpatriot]

Social Security is a wealth redistribution scheme, taking the wealth from the poor and redistributing it to the rich.

First, that tax comes out on first dollar. There ain't no deductions. And if you are self-employed, well you pay the total amount, not half, like workers do. Punishment for being so audacious as to be self-employed. I mean at its core, Social Security really is insurance. There are disability benefits, dependent children benefits. And it is the working class that pay the bulk of the premiums, while it is the wealthy that derive the bulk of the benefits.

First, that tax comes out on first dollar. There ain't no deductions.

If your employer has an HSA payroll deduction option, that is a deduction before Social Security taxes.

And if you are self-employed, well you pay the total amount, not half, like workers do.

Do you want them to get the same benefit for half the contribution?

And it is the working class that pay the bulk of the premiums, while it is the wealthy that derive the bulk of the benefits.

Wrong.

 

[Winco]

You should probably take a look at the original Social Security bill. Then take a look at what you politician heroes have done to it over the past sixty years.

You won’t. It will burst you’re bubble head and your reply.

I despise ALL politicians.
I have ZERO Hero Politicians.
You have MANY...... See the difference.

 

[ThisIsMe]

There is also no need to CAP the SS at $176,100.

Those making over $176,100 should continue to pay into the system.
View attachment 1080680

I can agree to that, as long as they get back the appropriate amount for what they paid in.

 

[Winco]

I can agree to that, as long as they get back the appropriate amount for what they paid in.

Well your choice solves nothing.
Again, why, besides just fairness, do you protect the RICH.

IMO, The RICH should pay MORE.

 

[Ghost of a Rider]

Why NOT?
That's what NOBLE people DO.

That doesn’t answer the question, it only expands on your premise by adding the burden of noble behavior on the rich along with the burden of reducing the wealth gap.

So again, why should the rich bear this burden?

The Rich have either achieved Rich Status by some inheritance or by sucking consumers dry.
Neither of which are Noble.

You have no way to support an allegation that all rich people got rich in this manner.

Time they pay their fair share and help others.

How do you know some don’t do this already?

It's NOT that difficult, why don't you want to help the less fortunate.
Wait...I know....You don't Care.

If you’re going to assume I don’t care before asking the question then why ask the question?

 

[ThisIsMe]

Well your choice solves nothing.
Again, why, besides just fairness, do you protect the RICH.

IMO, The RICH should pay MORE.

Why should the rich have to pay in more to receive less?

As it stands, SS is cut off at 170K for the rich? Which means they receive very little from SS. They basically don't participate. You want them to pay SS on their total income, but receive almost nothing for it

Being rich isn't necessarily an evil thing...

I'm not protecting the rich, I just don't subscribe to the wealth redistribution model.

 

[Winco]

Why should the rich have to pay in more to receive less?

As it stands, SS is cut off at 170K for the rich? Which means they receive very little from SS. They basically don't participate. You want them to pay SS on their total income, but receive almost nothing for it

Being rich isn't necessarily an evil thing...

I'm not protecting the rich, I just don't subscribe to the wealth redistribution model.

If I make 170K and the Ultra Rich makes 170K, we pay in the exact same amount and get the exact same SS benefit.

If I make 170K and the Ultra Rich makes 200 Million, then we pay in the exact same amount and get the exact same SS benefit.

Given that we each reached the max for the past 35 years.


Do you agree with this ^^^^?

 

[ThisIsMe]

If I make 170K and the Ultra Rich makes 170K, we pay in the exact same amount and get the exact same SS benefit.

If I make 170K and the Ultra Rich makes 200 Million, then we pay in the exact same amount and get the exact same SS benefit.

Given that we each reached the max for the past 35 years.


Do you agree with this ^^^^?

If both of you pay in SS taxes on 170K, and you receive SS payout based on 170K paid in, yes, I agree with that

 

[BluesLegend]

Government takes my money, promises to give it back when I'm old. Then when I'm old they only give part of it back, taxing it a 2nd time. DOUBLE DIPPING taxation sound very Dem party like.

 

[toobfreak]

There is also no need to CAP the SS at $176,100.

Agreed. That leaves you with still hundreds of thousands of dollars income you are paying no SS tax on!

 

[Toddsterpatriot]

If I make 170K and the Ultra Rich makes 170K, we pay in the exact same amount and get the exact same SS benefit.

If I make 170K and the Ultra Rich makes 200 Million, then we pay in the exact same amount and get the exact same SS benefit.

Given that we each reached the max for the past 35 years.


Do you agree with this ^^^^?

I agree with that more than I agree the Ultra Rich guy should pay 1200 times more for the exact same benefit.

 

[Winco]

Agreed. That leaves you with still hundreds of thousands of dollars income you are paying no SS tax on!

I don't make that much, close but not 176K
I'm talking about people that make 400K, 1M, 2M, 10M, etc.

Thoughts on saving SS?

 

[TemplarKormac]

Trump’s plan to eliminate income taxes on Social Security benefits would help high-income households, report finds​

On the campaign trail, President Donald Trump touted a plan to eliminate income taxes on Social Security benefits.

Now that he’s in the White House, Trump administration officials told CNBC.com last week that the president “doubles down” on that promise.


A bill to eliminate those levies — the Senior Citizens Tax Elimination Act — was recently reintroduced in the House.

Yet, nixing taxes on Social Security benefits may reduce U.S. government revenues by $1.5 trillion over 10 years and increase the federal debt by 7% by 2054, according to a new analysis by the Penn Wharton Budget Model, a nonpartisan, research-based project at the University of Pennsylvania.

For some high-income households, the policy change may result in gains of up to $100,000 over their lifetimes, the research also found. Yet, individuals under age 30 — and particularly people who have not yet been born — may face the largest losses as the federal debt increases and incentives to work and save for retirement decline, it found.

https://www.cnbc.com/2025/02/18/trump-plan-to-end-taxes-on-social-security-benefits-would-help-high-earners.html

Good to know the rich will better be able to afford the high price of eggs trump said he would lower on day one.

Actually, given me and my grandmother are not a high income household, this would help us.

But uh... don't let reality get in the way of your... erm... facts.

 

[Winco]

guy should pay 1200 times more for the exact same benefit.

Where did you get that 1200 Times number?

All I'm suggesting is that after 170K in earnings, you still pay into SS up to, let's pretend or say, 500K, and you either get NO additional benefit, which you hate, or at least a reduced benefit for earnings over 170K but under 500K.

Why is this so opposing for you?

Do you make between 170K and 500K?

 

[BackAgain]

Trump’s plan to eliminate income taxes on Social Security benefits would help high-income households, report finds​

On the campaign trail, President Donald Trump touted a plan to eliminate income taxes on Social Security benefits.

Now that he’s in the White House, Trump administration officials told CNBC.com last week that the president “doubles down” on that promise.


A bill to eliminate those levies — the Senior Citizens Tax Elimination Act — was recently reintroduced in the House.

Yet, nixing taxes on Social Security benefits may reduce U.S. government revenues by $1.5 trillion over 10 years and increase the federal debt by 7% by 2054, according to a new analysis by the Penn Wharton Budget Model, a nonpartisan, research-based project at the University of Pennsylvania.

For some high-income households, the policy change may result in gains of up to $100,000 over their lifetimes, the research also found. Yet, individuals under age 30 — and particularly people who have not yet been born — may face the largest losses as the federal debt increases and incentives to work and save for retirement decline, it found.

https://www.cnbc.com/2025/02/18/trump-plan-to-end-taxes-on-social-security-benefits-would-help-high-earners.html

Good to know the rich will better be able to afford the high price of eggs trump said he would lower on day one.

They would help everyone currently paying taxes on social security.

Damn, this OP remains a thoroughly unpersuasive libturd propagandist.

 

[Toddsterpatriot]

Where did you get that 1200 Times number?

All I'm suggesting is that after 170K in earnings, you still pay into SS up to, let's pretend or say, 500K, and you either get NO additional benefit, which you hate, or at least a reduced benefit for earnings over 170K but under 500K.

Why is this so opposing for you?

Do you make between 170K and 500K?

170K>>>>200 million ~1200 times

 

[ThisIsMe]

I agree with that more than I agree the Ultra Rich guy should pay 1200 times more for the exact same benefit.

Exactly. The ultra rich shouldn't have to pay SS taxes on 200M income but only receive SA payout in 170K.

 

[Leo123]

Trump’s plan to eliminate income taxes on Social Security benefits would help high-income households, report finds​

On the campaign trail, President Donald Trump touted a plan to eliminate income taxes on Social Security benefits.

Now that he’s in the White House, Trump administration officials told CNBC.com last week that the president “doubles down” on that promise.


A bill to eliminate those levies — the Senior Citizens Tax Elimination Act — was recently reintroduced in the House.

Yet, nixing taxes on Social Security benefits may reduce U.S. government revenues by $1.5 trillion over 10 years and increase the federal debt by 7% by 2054, according to a new analysis by the Penn Wharton Budget Model, a nonpartisan, research-based project at the University of Pennsylvania.

For some high-income households, the policy change may result in gains of up to $100,000 over their lifetimes, the research also found. Yet, individuals under age 30 — and particularly people who have not yet been born — may face the largest losses as the federal debt increases and incentives to work and save for retirement decline, it found.

https://www.cnbc.com/2025/02/18/trump-plan-to-end-taxes-on-social-security-benefits-would-help-high-earners.html

Good to know the rich will better be able to afford the high price of eggs trump said he would lower on day one.

That money has already been taxed. Why tax a legal recipient? After all, that money came out of their earnings.

 

[Winco]

170K>>>>200 million ~1200 times

Exactly. The ultra rich shouldn't have to pay SS taxes on 200M income but only receive SA payout in 170K.

Where was that EVER suggested?