He may have gotten back more in child tax credits than he paid that year but he damn sure didn't get back what he earned in income. How much welfare (food stamps, section 8 housing, etc) does he get?Warcok » 21 Apr 2023, 10:16 am » wrote: ↑ doesn't the child tax credit pretty much wipe out any contributions they have made?
$3,500 per window licker, right? Got a cousin who bragged a few years ago that he got more back in taxes than he made that whole year.
He has two kids, a stay in bed wife and worked as a respiratory therapist on call that year. And no government assistance. He refuses to get the jabBuffalo » 21 Apr 2023, 10:35 am » wrote: ↑ He may have gotten back more in child tax credits than he paid that year but he damn sure didn't get back what he earned in income. How much welfare (food stamps, section 8 housing, etc) does he get?
My granddaughter and her husband both have decent jobs and 4 kids under 12. They get most of their income taxes they pay in during the year back but they damn sure don't get more than they make. NONE of their kids got to go the the worthless head start pre-K **** indoctrination because they make too much money to qualify for it. They get NO food stamps, or any other assistance and have NO medical insurance because they can't afford the $800/month premiums. They pay all their medical and dental expenses out of their pockets.
It pays in the US to be a deadbeat or and illegal alien!!!
razoo » 21 Apr 2023, 12:58 pm » wrote: ↑ Former President Bush claimed the trust fund is just a bunch of government IOUs and therefore worthless. Is this true? The trust fund does just contain IOUs, but they’re not worthless. If they are, someone should tell that to the very smart and very rich people, and the central banks of Japan, China, and many other countries that hold a large share of their assets in U.S. government bonds.
When the trust fund was created in 1935, the law stipulated that any excess revenues coming into the Social Security system must be used to purchase federal government bonds. (At the time, the stock market had just lost over 75% of its value and was understood to be unsafe.)
Federal bonds are absolutely safe; the government of the United States has never defaulted on any bond obligation. Former President Bush appeared to be ready to break this tradition.
He appeared to want the Treasury to “selectively default” on the bonds in the Social Security trust fund. He obviously felt the United States doesn’t have to meet its obligation to the working people of America the way it meets its obligations to ultra-wealthy bondholders.
His suggestion that the U.S. government might not be willing to repay its debt obligations was remarkable and for a time completely disrupted global financial markets.What
A lot of people in both parties would make those cuts if they could get away with itrazoo » 20 Apr 2023, 6:48 pm » wrote: ↑ Bernie said this evening:
LAST WEEK: The Lincoln Project warned us that Republican leaders are prioritizing major cuts to Social Security with their new House majority.
Well well well constituent worshippers you have been saying your gods were not going to mess with Social Security
which means they made liars out of you......... exactly how does that make you feel? Still want to kiss their butts I suppose..........
The SS Trust Fund is full of worthless special-issue (intra-government debt) Treasury bonds only available to SS. The rich, (china has sold most of it government debt) banks and the Federal Reserve own most of the other debt.razoo » 21 Apr 2023, 12:58 pm » wrote: ↑ Former President Bush claimed the trust fund is just a bunch of government IOUs and therefore worthless. Is this true? The trust fund does just contain IOUs, but they’re not worthless. If they are, someone should tell that to the very smart and very rich people, and the central banks of Japan, China, and many other countries that hold a large share of their assets in U.S. government bonds.
When the trust fund was created in 1935, the law stipulated that any excess revenues coming into the Social Security system must be used to purchase federal government bonds. (At the time, the stock market had just lost over 75% of its value and was understood to be unsafe.)
Federal bonds are absolutely safe; the government of the United States has never defaulted on any bond obligation. Former President Bush appeared to be ready to break this tradition.
He appeared to want the Treasury to “selectively default” on the bonds in the Social Security trust fund. He obviously felt the United States doesn’t have to meet its obligation to the working people of America the way it meets its obligations to ultra-wealthy bondholders.
His suggestion that the U.S. government might not be willing to repay its debt obligations was remarkable and for a time completely disrupted global financial markets.What
SO TRUE. OBAMA RAIDED SOCIAL SECURITY TO HELP FUND HOMELAND SECURITYWarcok » 21 Apr 2023, 8:42 am » wrote: ↑ Dimocrats destroyed Social Security when they raided it to fund their Vietnam war.
This again?razoo » 20 Apr 2023, 6:48 pm » wrote: ↑ Bernie said this evening:
LAST WEEK: The Lincoln Project warned us that Republican leaders are prioritizing major cuts to Social Security with their new House majority.
Well well well constituent worshippers you have been saying your gods were not going to mess with Social Security
which means they made liars out of you......... exactly how does that make you feel? Still want to kiss their butts I suppose..........
both parties would love to make big cutsgolfboy » 21 Apr 2023, 7:55 pm » wrote: ↑ This again?![]()
No one is proposing any cuts to Socialist Security.
Why is it that liberals ALWAYS have to lie to advance their agenda?
Every election you idiots claim Republicans are going to cut Socialist Security.razoo » 22 Apr 2023, 6:07 am » wrote: ↑ repeating a lie = lying = best do some homework instead of being a clone