President Elect Trump

1…7273757778…156

Comments

  • my2hands
    my2hands Posts: 17,117
    edited December 2016
    JC29856 said:



    IM IN!!
    Social Security could be fully funded for another 75 years or more by simply eliminating the cap on income subject to the FICA tax (currently only the first $118,500 of income is taxes, rising to 127,200 next year), so that all income is taxed, and benefits could even be expanded by adding a small transaction tax of a fraction of a percent on all short-term stock trading (a measure that would not impact long term investors or retirement funds).

    Of course they are going to go after the social safety net, it's the wet dream

    This is my #1 soap box issue... literally nobody knows there is a cap on paying into SS and that its onlt $118k... candidate Obama spoke about this in 2007-08, essentially pointing out it is a simple fix... but of course this is one of my bones of contention with Obama because he didn't do shit about it

    I was just talking to a guy at work that repeated exactly what you just posted, that SS will be bankrupt and is hopeless and needs to be scrapped... years and years of bullshit propaganda is finally paying off for these greedy fucks

    People are generally clueless on this issue
    Post edited by my2hands on
  • Indifference
    Indifference Posts: 2,763
    JC29856 said:

    How many times did trump say that soc sec and medicare wont he cut? I hope whats in this piece doesnt turn out to be.

    http://www.counterpunch.org/2016/12/30/the-coming-assault-on-social-security/

    The Republican strategy is to destroy this universal support by convincing the young that their FICA taxes are going into a black hole and that those funds won’t be available for them when it’s their turn to retire.

    The idea is to pretend that Social Security is like an investment in stocks and bonds, and that the return is not very good in comparison to investing money in privately managed accounts (that’s what the Wall Street financial community wants: to get their hands on all those FICA funds totalling nearly a trillion dollars a year!).

    But Social Security is not like a 401(k) fund. It is a government program funded by taxes and with benefits set by Congress. It is a wholly political construct, and it will be whatever the public demands it to be. Sadly, because most of the corporate media have bought into the Republican-led scam that Social Security is just an investment program with a poor return, many Americans are losing confidence in its future. And so for years, during which, as even now, small tweaks in the funding of the program could have made the program fully solvent right through the period when a large population of Baby Boomers will be increasing benefit outlays, and into the foreseeable future, and that in fact would allow it to be expanded (European public retirement programs pay benefits that are about twice as large as those paid by the US Social Security system!), nothing has been done.

    IM IN!!
    Social Security could be fully funded for another 75 years or more by simply eliminating the cap on income subject to the FICA tax (currently only the first $118,500 of income is taxes, rising to 127,200 next year), so that all income is taxed, and benefits could even be expanded by adding a small transaction tax of a fraction of a percent on all short-term stock trading (a measure that would not impact long term investors or retirement funds).

    So does that mean the cap on benefits goes away as well? I mean their is a cap what you pay in as their is a cap on benefits.

    SHOW COUNT: (170) 1990's=3, 2000's=53, 2010/20's=114, US=124, CAN=15, Europe=20 ,New Zealand=4, Australia=5
    Mexico=1, Colombia=1 



  • JC29856
    JC29856 Posts: 9,617
    Indifference said:

    JC29856 said:

    How many times did trump say that soc sec and medicare wont he cut? I hope whats in this piece doesnt turn out to be.

    http://www.counterpunch.org/2016/12/30/the-coming-assault-on-social-security/

    The Republican strategy is to destroy this universal support by convincing the young that their FICA taxes are going into a black hole and that those funds won’t be available for them when it’s their turn to retire.

    The idea is to pretend that Social Security is like an investment in stocks and bonds, and that the return is not very good in comparison to investing money in privately managed accounts (that’s what the Wall Street financial community wants: to get their hands on all those FICA funds totalling nearly a trillion dollars a year!).

    But Social Security is not like a 401(k) fund. It is a government program funded by taxes and with benefits set by Congress. It is a wholly political construct, and it will be whatever the public demands it to be. Sadly, because most of the corporate media have bought into the Republican-led scam that Social Security is just an investment program with a poor return, many Americans are losing confidence in its future. And so for years, during which, as even now, small tweaks in the funding of the program could have made the program fully solvent right through the period when a large population of Baby Boomers will be increasing benefit outlays, and into the foreseeable future, and that in fact would allow it to be expanded (European public retirement programs pay benefits that are about twice as large as those paid by the US Social Security system!), nothing has been done.

    IM IN!!
    Social Security could be fully funded for another 75 years or more by simply eliminating the cap on income subject to the FICA tax (currently only the first $118,500 of income is taxes, rising to 127,200 next year), so that all income is taxed, and benefits could even be expanded by adding a small transaction tax of a fraction of a percent on all short-term stock trading (a measure that would not impact long term investors or retirement funds).

    So does that mean the cap on benefits goes away as well? I mean their is a cap what you pay in as their is a cap on benefits.
    Exempt the first $50k of earnings then tax the $50k to $5M bucket so the top earners can't cry. Everyone gets an equal first $50k exemption!
    Offer a "Cadillac soc sec plan" option for the high earners that funded soc sec. Wouldn't those high earners and soc sec funders feel really good about themselves knowing they subsidized the elderly to grow old gracefully?
  • bootlegger10
    bootlegger10 Posts: 16,260
    It is funny that people view a government that is 20 trillion in debt as a qualified alternative to privatizing social security. Both alternatives are pretty bad, but don't pretend that the US government is some great steward of our tax dollars. I'd rather choose where my retirement dollars go and control my own destiny but not everyone can do that so we have to pay for the government to bail them out.
  • PJfanwillneverleave1
    PJfanwillneverleave1 Posts: 12,885
    edited December 2016
    I don't think Josevolution will like this one.
  • rgambs
    rgambs Posts: 13,576
    What a national shame we have to deal with.
    Monkey Driven, Call this Living?
  • my2hands
    my2hands Posts: 17,117
    "FoxNews gets it"

    Lol
  • Leezestarr313
    Leezestarr313 Temple of the cat Posts: 14,444
    edited December 2016
    PJfanwillneverleave1 said:

    I don't think Josevolution will like this one.

    Wow, that sent me down into the rabbit hole that is Drumpf twatter. Got lost for about an hour :dizzy:
    Post edited by Leezestarr313 on
    Please, Pearl Jam, consider a Benaroya Hall vinyl reissue! http://community.pearljam.com/discussion/148993/please-pearl-jam-consider-a-vinyl-benaroya-hall-re-issue


  • josevolution
    josevolution Posts: 31,703
    PJfanwillneverleave1 said:

    I don't think Josevolution will like this one.

    Yeah as if I take anything this giant Bafoon says to be sound logic , you keep kneeling at his statue every night will see if your prayers come true ..
    jesus greets me looks just like me ....
  • PJfanwillneverleave1
    PJfanwillneverleave1 Posts: 12,885
    Here is a Happy New Year tweet from the American President
  • Halifax2TheMax
    Halifax2TheMax Posts: 42,413
    PJfanwillneverleave1 said:

    Here is a Happy New Year tweet from the American President

    It's gold jerry! Gold I'm telling you!
    09/15/1998 & 09/16/1998, Mansfield, MA; 08/29/00 08/30/00, Mansfield, MA; 07/02/03, 07/03/03, Mansfield, MA; 09/28/04, 09/29/04, Boston, MA; 09/22/05, Halifax, NS; 05/24/06, 05/25/06, Boston, MA; 07/22/06, 07/23/06, Gorge, WA; 06/27/2008, Hartford; 06/28/08, 06/30/08, Mansfield; 08/18/2009, O2, London, UK; 10/30/09, 10/31/09, Philadelphia, PA; 05/15/10, Hartford, CT; 05/17/10, Boston, MA; 05/20/10, 05/21/10, NY, NY; 06/22/10, Dublin, IRE; 06/23/10, Northern Ireland; 09/03/11, 09/04/11, Alpine Valley, WI; 09/11/11, 09/12/11, Toronto, Ont; 09/14/11, Ottawa, Ont; 09/15/11, Hamilton, Ont; 07/02/2012, Prague, Czech Republic; 07/04/2012 & 07/05/2012, Berlin, Germany; 07/07/2012, Stockholm, Sweden; 09/30/2012, Missoula, MT; 07/16/2013, London, Ont; 07/19/2013, Chicago, IL; 10/15/2013 & 10/16/2013, Worcester, MA; 10/21/2013 & 10/22/2013, Philadelphia, PA; 10/25/2013, Hartford, CT; 11/29/2013, Portland, OR; 11/30/2013, Spokane, WA; 12/04/2013, Vancouver, BC; 12/06/2013, Seattle, WA; 10/03/2014, St. Louis. MO; 10/22/2014, Denver, CO; 10/26/2015, New York, NY; 04/23/2016, New Orleans, LA; 04/28/2016 & 04/29/2016, Philadelphia, PA; 05/01/2016 & 05/02/2016, New York, NY; 05/08/2016, Ottawa, Ont.; 05/10/2016 & 05/12/2016, Toronto, Ont.; 08/05/2016 & 08/07/2016, Boston, MA; 08/20/2016 & 08/22/2016, Chicago, IL; 07/01/2018, Prague, Czech Republic; 07/03/2018, Krakow, Poland; 07/05/2018, Berlin, Germany; 09/02/2018 & 09/04/2018, Boston, MA; 09/08/2022, Toronto, Ont; 09/11/2022, New York, NY; 09/14/2022, Camden, NJ; 09/02/2023, St. Paul, MN; 05/04/2024 & 05/06/2024, Vancouver, BC; 05/10/2024, Portland, OR;

    Libtardaplorable©. And proud of it.

    Brilliantati©
  • oftenreading
    oftenreading Victoria, BC Posts: 12,856
    PJfanwillneverleave1 said:

    Here is a Happy New Year tweet from the American President

    It's almost like he's satirizing himself.
    my small self... like a book amongst the many on a shelf
  • dignin
    dignin Posts: 9,478
    oftenreading said:

    PJfanwillneverleave1 said:

    Here is a Happy New Year tweet from the American President

    It's almost like he's satirizing himself.
    If only. How embarrassing.
  • my2hands
    my2hands Posts: 17,117
    edited December 2016
    Dude has zero fucking class.
  • tbergs
    tbergs Posts: 10,427
    It's just unreal. Every time I think he can't get any worse, he proves me wrong. How does anyone stand behind him with this childish behavior? It's actually disrespectful to children to compare him to them. How embarrassing to be one of his family members.
    It's a hopeless situation...
  • vaggar99
    vaggar99 San Diego USA Posts: 3,431
    America is Great Again on this New Years eve. Be not an enemy of Christ any longer. Grope will conquer all!
  • Bentleyspop
    Bentleyspop Craft Beer Brewery, Colorado Posts: 11,474
    my2hands said:

    Dude has zero fucking class.

    Exactly
    Damm childish and narcissistic
    People should be embarrassed for supporting such a self-centered....... (fill in the blank)
  • InHiding80
    InHiding80 Upland,CA Posts: 7,623
    vaggar99 said:

    America is Great Again on this New Years eve. Be not an enemy of Christ any longer. Grope will conquer all!

    More like that Cannon punk rock horror film, New Years Evil!
  • eddiec
    eddiec Posts: 3,960
    Just when you thought it couldn't be more embarrassing to have this guy as the future President he goes and tweets again.
  • tbergs
    tbergs Posts: 10,427
    Even more embarrassing is the 170,000 plus who hearted it. Yuck.
    It's a hopeless situation...
This discussion has been closed.

Categories