Don’t complain if you don’t receive your Social Security Check

[postman]

I bet you think Jesus is a good MAGAT

Jesus believed in free healthcare.

 

[Clipper]

Trump and Musk are looking for lib scam artists who are defrauding SS and Medicare, along with Medicaid

The left is worried about losing their criminal gravytrain

Are you including multi billionaire Lutnick's mother-in-law if your "criminal gravy train" accusation, fool?

 

[rightwinger]

The commerce secretary Lutnick probably has a net worth of between $2 billion to $4 billion, according to various sources.

I'm sure if his 95 year old mother-in-law didn't get her check, and needed a few bucks to tide her over until the next months check, he could afford to just give her the money.

But not every senior has a billionaire son-in-law, and not getting a check, means not having money for groceries, or rent, or utilities.

Amazing how dismissive he is over seniors needing their Social Security

 

[postman]

Amazing how dismissive he is over seniors needing their Social Security

I'm sure his wife, who shares his $2-$4 billion fortune, wouldn't let her mother live in poverty.

 

[WorldWatcher]

I would love to hear how this works if you can fictionalize a response for me. Income tax on SS will have no impact on the SS funding.

I disagree Rock,

Every since Income Tax has begun to be charged against SS earnings, starting in 1983, income taxes based on SS earnings have gone back to the SS Administration to help pay current benefits. In 1993 the maximum amount of SS that could be taxed was raisedd from 50% (for those earning listed amounts) to 85% of SS benefit being tabable in 1993. The additional 35% goes to help Medicare.

At this point we are already drawing from the SS Trust Fund to meet current benefits payment. Removal of income tax revenue to help fund current benefits means that MORE money would have to be drawn from the Trust to meet current benefits, exhausting the fund earlier. It's basic math flight of the arrows. If revenues go down and benefits remain flat, then more money comes from the Trust to keep benefits flat.

FICA tax is collected at 6.2% which is split to fund Social Security Income (SSI) - which I call SS Retirement to be clear -, SSI is funded by Old Age Survirors Insurance Trust (OASI) and Disability Insurance (DI) at 5.3% and 0.9% for both employer and employee portions of the FICA (see below).

Also show below is the SSA receives about 51 Billion a year in revenue generated by taxing some portion of SS Retirement as "income".

WW

Taxation of benefits

.
.

How is Social Security financed? | Press Office | SSA

How is Social Security financed?

www.ssa.gov

 

[Mac-7]

Are you including multi billionaire Lutnick's mother-in-law if your "criminal gravy train" accusation, fool?

I never heard of her, but if she’s scamming the system she’ll have to stop

 

[WorldWatcher]

False. SSDI comes from the SS Trust Fund. You are thinking SSI. Have a nice day!

There are two Trust Funds. Old Age Survivors Insuance (OASI) and Disability Insurance (DI).

There is a single tax of 6.2% on both the employer and employee. 5.3% goes toward the OASI trust and 0.9% goes to the DI Trust fund.

(There is a difference in names between the programs that pay the benefits, and the Trust Funds that hold the reserves.)

See post #225.

WW

Trustees Report Summary

A SUMMARY OF THE 2024 ANNUAL REPORTS

www.ssa.gov

 

[OhPleaseJustQuit]

Happens all the time
Checks keep coming until the death certificate comes
Then it is payback time

Do you think seniors need their SS check or not?

.

Smelling panic in this post.

"Do you think seniors need their SS check or not?" has absolutely nothing to do with the subject.




.

 

[rightwinger]

.

Smelling panic in this post.

"Do you think seniors need their SS check or not?" has absolutely nothing to do with the subject.




.

It IS the subject TardGirl

Our moron Commerce Secretary thinks Seniors can do without their monthly Social Security Check

Why would they complain?

 

[80zephyr]

Can’t make this stuff up

Trumps Commerce Secretary says only fraudsters would complain if their Social Security check doesn’t come.
Most would just say….Doesn’t matter, they will send two next month

Shows how clueless they are.

https://www.marketwatch.com/story/trumps-commerce-secretary-dont-complain-if-we-dont-send-your-social-security-check-236e2702?siteid=msnheadlines

And your solution would be "business as usual", right?

 

[OhPleaseJustQuit]

It IS the subject TardGirl

Our moron Commerce Secretary thinks Seniors can do without their monthly Social Security Check

Why would they complain?

.



Classy to start your rant with a personal attack. Confirms my sense of panic smell.



.

 

[rightwinger]

And your solution would be "business as usual", right?

Denying checks to “Catch Fraudsters” is your solution?

 

[80zephyr]

Denying checks to “Catch Fraudsters” is your solution?

No one is denying checks. Having people confirm who they are is not a big deal. I am 70, if I am one of those asked, I will present myself.

Why is it the left feels that if the government requires a person to do anything, that it is a serious imposition on them?

 

[OhPleaseJustQuit]

No one is denying checks. Having people confirm who they are is not a big deal. I am 70, if I am one of those asked, I will present myself.

Why is it the left feels that if the government requires a person to do anything, that it is a serious imposition on them?

.

I haven't missed a single one.


.

 

[Moonglow]

Jesus believed in free healthcare.

And free food.

 

[Cellblock2429]

Is that the best you have?
Instead of commenting on a Trump Billionaire saying only a fraud would complain about not getting a check……you comeback with a fake story about 130 years olds getting checks

MAGA

/——/ Refute this with facts not opinion.

 

[postman]

I never heard of her, but if she’s scamming the system she’ll have to stop

Public records suggest that his mother-in-law, Geri Lambert, lives with Lutnick and his wife Allison, at his Upper East Side townhouse

BTW: Mr. Lutnick, the president and chief executive of Cantor Fitzgerald, ... bought a Beaux Arts house at 11 East 71st Street for $7.6 million in 1998.
January 2001 he obtain a permit to renovate the place into a single-family home.

Current estimated market value
2024/25 $30,006,000

So I doubt his mother-in-law, living in a $30 million home, will miss her social security check.

 

[postman]

I never heard of her, but if she’s scamming the system she’ll have to stop

She lives with Lutnick in a home with a market value of $30,000,000, and property tax that comes to about $20,000 a month.

I doubt her social security check ($4-$5 K / month maximum) would even make a dent in paying just the property tax

 

[Mac-7]

She lives with Lutnick in a home with a market value of $30,000,000, and property tax that comes to about $20,000 a month.

I doubt her social security check ($4-$5 K / month maximum) would even make a dent in paying just the property tax

She paid into SS just like everyone else and is entitled to the money she gets back

 

[Mac-7]

She lives with Lutnick in a home with a market value of $30,000,000, and property tax that comes to about $20,000 a month.

I doubt her social security check ($4-$5 K / month maximum) would even make a dent in paying just the property tax

See post 239