Elon is coming for social security

[Anonymous]

I assume that those calling for increased taxes on "the rich" mean people in any tax bracket higher than their own?

[Anonymous]

Anonymous wrote:I assume that those calling for increased taxes on "the rich" mean people in any tax bracket higher than their own?

Well,you know what "assume"means, don't you. "Makes an a$$ out of you and me".

Anyone making over $1,000,000

[Anonymous]

Anonymous wrote:

Anonymous wrote:I simply cannot believe that any politicians we h in my wants to be reelected is going to vote for cutting SS or Medicare because these are mandatory deductions from paychecks.

This is political suicide.

Yes. But Trump and Musk aren't trying to get re-elected / elected. So they don't care.

This. Not only are they not worried about elections, they have NO CLUE what it's like to be an average American who works their entire career contributing to SS and MC and expects both to be part of their retirement plan. Repeat they have NO CLUE.

Same for the younger generation who seem enthralled by Trump and Musk. They are too young to understand.

[Anonymous]

Anonymous wrote:If it turns out that 10% or more of social security payments are fraudulent, wouldn’t canceling these payments massively strengthen the staying power of social security for the rest of us?

+1

[Anonymous]

Anonymous wrote:

Anonymous wrote:If it turns out that 10% or more of social security payments are fraudulent, wouldn’t canceling these payments massively strengthen the staying power of social security for the rest of us?

+1

Sure but that bears no relationship to what DOGE is actually doing.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I assume that those calling for increased taxes on "the rich" mean people in any tax bracket higher than their own?

Well,you know what "assume"means, don't you. "Makes an a$$ out of you and me".

Anyone making over $1,000,000

Why? Why not anyone making $999,999? Or $500,000. Or $50,000. Or $1,000,001?

Can you say "arbitrary and capricious"?

[Anonymous]

[Anonymous]

[quoteWhy? Why not anyone making $999,999? Or $500,000. Or $50,000. Or $1,000,001?

Can you say "arbitrary and capricious"?


Another weak response. There are already brackets based on numbers. A fair and thriving society would have more brackets and a tax burden that affects the rich as much as it does the poor or middle class.

My parents rely on their Social Security check. My friends' parents rely on their Social Security checks. The older people at my workplace rely on the add'l income from their Social Security checks. The impact of this loss of income on ordinary Americans cannot be overstated.

[Anonymous]

Sorry, the quote didn't turn out right.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I simply cannot believe that any politicians we h in my wants to be reelected is going to vote for cutting SS or Medicare because these are mandatory deductions from paychecks.

This is political suicide.

Yes. But Trump and Musk aren't trying to get re-elected / elected. So they don't care.

This. Not only are they not worried about elections, they have NO CLUE what it's like to be an average American who works their entire career contributing to SS and MC and expects both to be part of their retirement plan. Repeat they have NO CLUE.

Same for the younger generation who seem enthralled by Trump and Musk. They are too young to understand.

No they understand. They just don't care. The New Deal programs, including Social Security, were built in a time when Americans cared about each other and the common welfare. Since Reagan, the mantra has been "get mine while I can; screw you". Social welfare doesn't work in that kind of society.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I assume that those calling for increased taxes on "the rich" mean people in any tax bracket higher than their own?

Well,you know what "assume"means, don't you. "Makes an a$$ out of you and me".

Anyone making over $1,000,000

Why? Why not anyone making $999,999? Or $500,000. Or $50,000. Or $1,000,001?

Can you say "arbitrary and capricious"?

Tax rates are marginal. $1,000,001 only pays a higher marginal rate on $1. I think they can do that and be okay.

[Anonymous]

My mother delayed taking social security as long as she could and age 79 is getting $57,000 a year. She works as a independent contractor and has a SEP IRA. We laugh because every year she has to take out a certain amount required by law and then place a similar amount in the SEP IRA. She works primarily to fund her charity but could easily lives only on what she gets from the SEP IRA.

[Anonymous]

Anonymous wrote:I assume that those calling for increased taxes on "the rich" mean people in any tax bracket higher than their own?

We're in the top 5% and I'm for it.

[Anonymous]

Anonymous wrote:

Does this mean that folks will have to go to an office to file, right at the time he is closing regional offices?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I assume that those calling for increased taxes on "the rich" mean people in any tax bracket higher than their own?

Well,you know what "assume"means, don't you. "Makes an a$$ out of you and me".

Anyone making over $1,000,000

Why? Why not anyone making $999,999? Or $500,000. Or $50,000. Or $1,000,001?

Can you say "arbitrary and capricious"?

Obviously not arbitrary and capricious, unless you are in favor of never setting a cutoff for anything. Why does 18= legal adult, rather than 17 or 19? Why is the income tax rate on a particular income bracket what X% instead of X.1%?