Anonymous wrote:Anonymous wrote:Cut SS for everyone born after 1985. Cut each of those Americans a check for $10k to give them back part of what they’ve paid in. Then let them go invest their money instead of taking if 6.2% tax from our checks.
-Gen Z trump voter
No. You should get every penny you gave us in with interest! Employer pays half of FICA. Congress effed SS up from the get go by putting FICA in general funds. It should always have had a separate fund and one that could only be used by SS.
Anonymous wrote:Cut SS for everyone born after 1985. Cut each of those Americans a check for $10k to give them back part of what they’ve paid in. Then let them go invest their money instead of taking if 6.2% tax from our checks.
-Gen Z trump voter
Anonymous wrote:Anonymous wrote:They're unsustainable.
I wish they'd cut SS and let me invest it. I'd make so much more ROI. SS makes my retirement worse.
Sure! Bet you would be below average returns. Wall Street would eat you alive.
Anonymous wrote:Yeah, Republicans have been talking about getting rid of the ACA for years. But when they have a majority, they don't.
They won't cut social security or Medicare, either. Whatever blather they are saying.
Anonymous wrote:They're unsustainable.
I wish they'd cut SS and let me invest it. I'd make so much more ROI. SS makes my retirement worse.
Anonymous wrote:Anonymous wrote:They're unsustainable.
I wish they'd cut SS and let me invest it. I'd make so much more ROI. SS makes my retirement worse.
Healthcare is also a huge problem. Americans pay four times for healthcare: Medicare taxes, Medicaid with federal and state taxes, and for their own health insurance. Rising healthcare costs are considered a significant factor contributing to stagnant wages, low retirement planning among younger generations, and increased death.
Not for nothing but Trump is on to something when he says illegal immigration decimates our healthcare system.
Anonymous wrote:Trump has publicly vowed he won't cut SS or Medicare and even got this put into the party platform at the 2024 convention (that they won't cut the programs) so if they try to cut them they are handing both Democrats and Republicans in purple districts who face tough re-election fights in 2026 a huge weapon.
Though he has proposed exempting SS payments from taxes which is a dumb plan that would help bankrupt the program. I'm hoping that could be explained to voters well enough to keep it from happening but we'll see. It wouldn't take much to save SS based on current projects (most of the adjustments would be unnoticed by most people -- the could raise the cap on contributions and people would pay like a few more dollars into SS each pay and they could raise the retirement age a small amount gradually over time with exceptions for people who physically cannot work and the program would be funded for another 80 years). But Republicans are very stupid about this so who knows.
https://www.forbes.com/sites/alisondurkee/2024/11/06/how-trump-could-affect-social-security-and-medicare-group-warns-funds-could-run-out-in-6-years-under-his-plans/
Anonymous wrote:They're unsustainable.
I wish they'd cut SS and let me invest it. I'd make so much more ROI. SS makes my retirement worse.
Anonymous wrote:Anonymous wrote:Do it! I am a democrat and say if the GOP is really focused on bringing down the federal debt and spending we have to get rid of social services. It doesn’t affect me at all. And since the majority of Americans voted for this I guess this is what they wanted.
They'll poison pill it the way they did with the last tax cuts. Major cuts to Social Security, Medicare, Medicaid that won't go into effect until 2029 or so, and greater restrictions on eligibility and lower benefits not presently benefitting now (i.e., raise the age for folks born after 1970 to get it). That's how they'll pay for their tax cuts now.
Anonymous wrote:Trump has publicly vowed he won't cut SS or Medicare and even got this put into the party platform at the 2024 convention (that they won't cut the programs) so if they try to cut them they are handing both Democrats and Republicans in purple districts who face tough re-election fights in 2026 a huge weapon.
Though he has proposed exempting SS payments from taxes which is a dumb plan that would help bankrupt the program. I'm hoping that could be explained to voters well enough to keep it from happening but we'll see. It wouldn't take much to save SS based on current projects (most of the adjustments would be unnoticed by most people -- the could raise the cap on contributions and people would pay like a few more dollars into SS each pay and they could raise the retirement age a small amount gradually over time with exceptions for people who physically cannot work and the program would be funded for another 80 years). But Republicans are very stupid about this so who knows.
https://www.forbes.com/sites/alisondurkee/2024/11/06/how-trump-could-affect-social-security-and-medicare-group-warns-funds-could-run-out-in-6-years-under-his-plans/