The Democrats want to stop the SS cap.

[rightwinger]

God you are so full of shit.

Its a fact
IRS agents generate significantly more revenue than they earn

Cut back on agents, cut back on revenue

 

[Lesh]

So let's understand

If you make over $133K...you don't pay a dime in tax for SS on any income above that?

 

[Polishprince]

So let's understand

If you make over $133K...you don't pay a dime in tax for SS on any income above that?

That's true. But when Social Security was started the tax was 1% on the first $3000.

So its really gone up exponentially since Roosevelt created it.

Why increase it now to "unlimited"?

 

[Lesh]

That's true. But when Social Security was started the tax was 1% on the first $3000.

So its really gone up exponentially since Roosevelt created it.

Why increase it now to "unlimited"?

Why not? Wealthy folks pay very little into it.

You and I pay 6% of every dollar we make into it. They don't

 

[Blues Man]

So let's understand

If you make over $133K...you don't pay a dime in tax for SS on any income above that?

Still wrong

For 2022, the maximum earnings subject to Social Security taxes is $147,000, up from $142,800 in 2021.2 As a result of the cap increase, workers earning at least $147,000 faced an annual increase of $260.40 in payroll taxes assessed at a 6.2% annual rate, while the self-employed above that earned income threshold could expect to pay an additional $520.80 at their 12.4% Social Security tax rate.

 

[Blues Man]

Why not? Wealthy folks pay very little into it.

You and I pay 6% of every dollar we make into it. They don't

And your employer pays 6% which makes 12% of your life time income being flushed down the SS toilet

 

[Blues Man]

That's true. But when Social Security was started the tax was 1% on the first $3000.

So its really gone up exponentially since Roosevelt created it.

Why increase it now to "unlimited"?

The cap is currently 147K

 

[Blues Man]

Go ahead and keep trying to convince yourselves that SS is a good deal.

 

[Lesh]

The cap is currently 147K

So we're talking about the VERY wealthy getting a tax break no one else has...

Ohhh

 

[Blues Man]

So we're talking about the VERY wealthy getting a tax break no one else has...

Ohhh

If you are such a fan of SS you should at least get your numbers right. Youi are proving they you really are too stupid to handle your own money

 

[Polishprince]

View attachment 678572

Go ahead and keep trying to convince yourselves that SS is a good deal.

I think its even worse when you consider the Federal Income Tax on Social Security benefits as well as the fact that higher income people pay a lot more in Medicare Premiums once they are eligible.

And even that isn't enough for the Greedy Government.

Is there a limit to liberal greed?

 

[Lesh]

View attachment 678572

Go ahead and keep trying to convince yourselves that SS is a good deal.

They tried this in Chile and it was a DISASTER. And it was at the behest of the Chicago University economists...who are still pushing it here

Social Security Privatization is a disaster in Chile; Anti-union politicians and Wall St. still want it here - ILWU

The following article looks at Chile’s disastrous experiment with privatizing their once-public Social Security system.

www.ilwu.org

 

[Blues Man]

I think its even worse when you consider the Federal Income Tax on Social Security benefits as well as the fact that higher income people pay a lot more in Medicare Premiums once they are eligible.

And even that isn't enough for the Greedy Government.

Is there a limit to liberal greed?

Anything goes when keeping people dependent on the fucking government is the goal

 

[Blues Man]

They tried this in Chile and it was a DISASTER. Ahest of the Chicago University economists...who are still pushing it here

https://www.ilwu.org/social-securit...politicians-and-wall-st-still-want-it-here/nd they tried it at the be

Chile is not the US.

Chile is a corrupt 3rd world SHITHOLE and there is absolutely no comparison the the US

and your link doesn't work just like your comparison of the US and Chile doesn't work

 

[Lesh]

Chile is not the US.

Chile is a corrupt 3rd world SHITHOLE and there is absolutely no comparison the the US

and your link doesn't work just like your comparison of the US and Chile doesn't work

Chile is corrupt because of what WE did there...it wasn't always so. It is also not "third world" although driving their elderly into poverty certainly pushed them in that direction.

The link works fine

 

[Flash]

Fine by me, I often said they should remove the SS cap.

This is Socialist greed.

You greedy little shitheads want to remove the cap but you don't want to increase the pension.

The cap puts a limit on how much you have to pay in and also the amount you receive in a pension. You greedy little assholes want to remove the cap on how much is paid in but keep the cap on how much to get in the pension.

It is despicable the way you little Socialist turds like to get your hands on other people's money, isn't it?

 

[Blues Man]

Chile is corrupt because of what WE did there...it wasn't always so. It is also not "third world" although driving their elderly into poverty certainly pushed them in that direction.

The link works fine

Yeah OK it's our fault the Chilean government fucked up their version of SS

an this is what you link got me

No Results Found​

The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.

 

[Lesh]

They tried this in Chile and it was a DISASTER. And it was at the behest of the Chicago University economists...who are still pushing it here

Social Security Privatization is a disaster in Chile; Anti-union politicians and Wall St. still want it here - ILWU

The following article looks at Chile’s disastrous experiment with privatizing their once-public Social Security system.

www.ilwu.org

I tried it literally seconds ago.

Are you ALWAYS wrong?

 

[Lesh]

Yeah OK it's our fault the Chilean government fucked up their version of SS

They fucked up YOUR version of Social Security

The one the University of Chicago economists pushed on them. The same guys you are shilling for

 

[Blues Man]

They fucked up YOUR version of Social Security

The one the University of Chicago economists pushed on them. The same guys you are shilling for

And it fucked up because the fucking government only allowed people to use investment firms picked by the fucking government and their government allowed those firms to charge ridiculous fees..

Anytime the government gets involved things get fucked up.