This is also indisputably true. Would you be okay with cutting a few hundred billion from the pentagon? I mean, we might not be able to defend ourselves from Mexico or Canada, but our seniors wouldn't become homeless street people.MR-7 » 06 Aug 2025, 1:06 pm » wrote: ↑ Increasing the Payroll Tax Rate
Raising the rate burdens younger and lower-income workers disproportionately. Social Security is already regressive in terms of taxation—this deepens that imbalance.
Why not a bailout? Aren't America's seniors too big to fail?Fuelman » 06 Aug 2025, 1:50 pm » wrote: ↑ A quick look at some data shows about 15% of households make $200k or more. Those individuals actually making the $200k or more will be a much smaller percentage.
That top 15% already pays around 75% of Federal income tax revenue and puts plenty into SS.
It's not their fault that SS is screwed up. If everyone is so concerned about SS, everyone should be willing to pony up. Whatever that means, raise the contribution rate across the board, put more on the employer. There are a lot of options but that would actually take balls to try and change the system.
Distribution of household income U.S. 2023| Statista https://share.google/rE3wXWgf4cqaJfLdD
Virtually certain. After made-to-order, bought-and-paid-for loopholes, the wealtiest pay a very small percent on their income. The top marginal tax rate under FDR was 90%. Virtually NO ONE paid that rate.
Blackvegetable » 05 Aug 2025, 6:46 pm » wrote: ↑ Because Supply Side Hucksters keep piling up the deficits.
Maybe you should stop enabling them.
What are the physical differences between no-thing, some-things, any=thing, every-thing evolving at the same time inhabiting space in its universal position now?jerra b » 06 Aug 2025, 2:07 pm » wrote: ↑ the republican plan.
- reduce benefits. to people now getting less than 1800 it will mean less money for lights, medicine, rent and oh food.
-increase the retirement age to 68.
the problems don't need explanation except that some may be homeless or without gas or electricity.
now those are hardships.
Cannonpointer » 06 Aug 2025, 11:21 pm » wrote: ↑ Not paying the wealthy is just as immoral as not paying the poor - except for the part where the poor starve from it.
At THAT point, it becomes the lesser evil. That said, I don't think we have to cut benefits for the rich OR the poor. There are other tweaks - and then there is a bailout. America's seniors are WAY too big to fail.
Cannonpointer » 06 Aug 2025, 11:13 pm » wrote: ↑ Soc Sec is not going broke because it has to. It is going broke because they want it to.
It could be fixed any of a dozen ways - means testing, raising the cap, another percentage point in collections, a **** BAIL OUT, under the pretense that America's seniors are as worthy as the banks that were built on their **** labor. There are lots of ways to save the system - failure is only inevitable because failure is the PLAN, Has been since reagan.
Inaccurate as usual.Cannonpointer » 06 Aug 2025, 11:45 pm » wrote: ↑ This is also indisputably true. Would you be okay with cutting a few hundred billion from the pentagon? I mean, we might not be able to defend ourselves from Mexico or Canada, but our seniors wouldn't become homeless street people.
That's an option but it would be a bailout every year.Cannonpointer » 06 Aug 2025, 11:46 pm » wrote: ↑ Why not a bailout? Aren't America's seniors too big to fail?
I see the slippery slope, and I find it cautionary. I don't like slippery slopes - like to avoid them. I am not recommending cutting benefits to the rich.DeezerShoove » 07 Aug 2025, 7:03 am » wrote: ↑Some people might call limiting payouts to the idle rich a tweak.Cannonpointer » 06 Aug 2025, 11:21 pm » wrote: ↑ Not paying the wealthy is just as immoral as not paying the poor - except for the part where the poor starve from it.
At THAT point, it becomes the lesser evil. That said, I don't think we have to cut benefits for the rich OR the poor. There are other tweaks - and then there is a bailout. America's seniors are WAY too big to fail.
Depends on the slippery slope dilemma...
So you are lauding my consistency, then.
A bail out need not be annual. It can be PART of the solution. We COULD start holding corporations to the same standard as European countries do, such that Americans would stop getting disabilities from the poisons hidden in their foods. That'd cut some **** costs to the system. But we blame the sick people instead of the poisoners.Fuelman » 07 Aug 2025, 8:02 am » wrote: ↑ That's an option but it would be a bailout every year.
It's difficult to balance out when people take more out of SS and Medicare than they pay in.
https://401kspecialistmag.com/social-se ... ey-pay-in/
Social Security Taxes vs. Benefits: Americans Take Far More Out Than They Pay In
Understanding natural time living in plain sight is the sole of witnessing one's position being alive proportionately displaced universally here now. Context debating anything else is possible is simply denying all one has been since arrived a fertilized cell placed in between eternal separation of current populati9on present in this atmosphere equally alive so far.Cannonpointer » 07 Aug 2025, 9:28 am » wrote: ↑ So you are lauding my consistency, then.
I graciously accept your praise, and I thank YOU for that brevity. It is the sole of wit.
jerrab » 05 Aug 2025, 5:30 pm » wrote: ↑ it will be trumps fault if he does not order raising the cap on social security tax
I read the current SS shortfall is 1.2% of GDP, and for the foreseeable future. Strange way to state that number, why not just say $360 billion. That's a pretty heavy lift each year but our government prefers to add other priorities to the deficit.Cannonpointer » 07 Aug 2025, 9:52 am » wrote: ↑ A bail out need not be annual. It can be PART of the solution. We COULD start holding corporations to the same standard as European countries do, such that Americans would stop getting disabilities from the poisons hidden in their foods. That'd cut some **** costs to the system. But we blame the sick people instead of the poisoners.
Raising the age of retirement is a fairly obvious and major component of the solution. It's brutal, but it's perfectly defensible based on the program's original intent, which was to stop outlier oldsters from starving when they CAN'T work. It wasn't to cushion perfectly healthy oldsters who just don't WANT to work. If the age of retirement had tracked the average life span mathematically - if that function had been built into the system, from the beginning, - then the required contributions would have dropped over the years instead of rising, and the system would be embarrassingly flush with cash.
But if wishes were horses, all men would ride - and we are where we are. I would prefer raising the age over ripping off wealthy contributors to the system. And I would prefer ripping off wealthy contributors to ripping off everyone. I think these priorities are simply sane and rational, while being respectful of contract law and common decency.
But don't even TRY to tell me that a bailout is not doable. Don't even **** try. The last bailouts I particiapted in were so that the idle rich were not threatened with the loss of their second private jet.![]()
Riddle me this: Would you support legislation requiring that every dollar cut from social security triggers a dime being cut from israel? Would that be okay with you, if israel had to shoulder just a tiny bit of the burden along with Gramma and Papa?
Very doubtful as it's based on their personal income, not business...Cannonpointer » 06 Aug 2025, 11:49 pm » wrote: ↑ Virtually certain. After made-to-order, bought-and-paid-for loopholes, the wealtiest pay a very small percent on their income. The top marginal tax rate under FDR was 90%. Virtually NO ONE paid that rate.
The top marginal tax rate and the actual top tax rate don't just vary - they live in different zip codes.
JuCo 5 percenter...72
“Show me the man and I’ll find you the crime” ~ LAVRENTIY BERIA
"Try to get past your passionate ignorance and learn to accept what actually happened." ~ brown's unheeded words of wisdom Poor guys never buy jets. Or Rolls Royces.ROG62 » 07 Aug 2025, 4:14 pm » wrote: ↑ Very doubtful as it's based on their personal income, not business...
As to "other priorities," can you name one that supercedes keeping our word to our seniors?Fuelman » 07 Aug 2025, 3:47 pm » wrote: ↑ I read the current SS shortfall is 1.2% of GDP, and for the foreseeable future. Strange way to state that number, why not just say $360 billion. That's a pretty heavy lift each year but our government prefers to add other priorities to the deficit.
The contribution rate is already brutal - and it doesn't matter which pocket it comes out of, the employer still pays it against the labor of the employee. If the employee does not work, the SS tax does not get paid - so it's a tax on labor. Raising it raises the cost of labor - which puts downward pressure on wages.Fuelman » 07 Aug 2025, 3:47 pm » wrote: ↑ Raise the contribution rate on everyone, put 2/3rds of it on the employer. VAT tax, nominal fee for every trade on wall street, there are plenty of options
So it's not the genociders that you support - it's the genocide. Got it. Doubt it - but got it.Fuelman » 07 Aug 2025, 3:47 pm » wrote: ↑ I have no particular affinity for Jews, they just happen to be the ones putting Hamas in the grave. As soon as they are beat down or completely erased to set them back a couple decades, then you can cut every penny to Israel as far as I'm concerned.

I just realized that I probably need to be more direct with you.ROG62 » 07 Aug 2025, 4:14 pm » wrote: ↑ Very doubtful as it's based on their personal income, not business...