Posted on 07/04/2016 7:48:30 PM PDT by Kaslin
Liberals are not capable of doing basic mathematics
L
Maybe they can get real jobs and shut the #### up.
Maybe welfare should be Abolished.
Care of the disabled is not welfare.
My friend worked at a check cashing place a while back and said lines of able bodies black men as far as the eye could see where on line waiting for their cash.
And this was over 20 years ago!! I’m sure it hasn’t gotten better.
Just more liberal lies and deceit. A bull crap excuse to increase taxation on the wealthy. EVERYONE pays into SS during their working years to the specified limits.
TAX, TAX, TAX. The socialists’ signature.
So, in a sense, many of the wealthy do not have to pay social security taxes. I don't know if all rental income is exempt or just certain forms of it.
As we all know, implementing the FairTax would solve the Social Security and Medicare tax problem.
FRom Fairtax FAQ page @ http://fairtax.org/faq:
“How is the Social Security system affected?
“Like all federal spending programs, Social Security operates exactly as it does today, except that its funds come from a broad, progressive sales tax, rather than a narrow, regressive payroll tax. Employers continue to report wages for each employee, though, to the Social Security Administration for the determination of benefits. The transition to a reformed Social Security system is eased while ensuring there is sufficient funding to continue promised benefits.
“Meanwhile, Social Security/Medicare funds are no longer triple-taxed as under the current system: 1) when payroll taxes are initially withheld; 2) when those withheld payroll taxes are counted as part of the taxable base for income tax purposes; and 3) when the promised benefits are finally received.
“How does the FairTax affect Social Security reform?
“FairTax.org is a one-issue organization: Tax replacement. However, its proposal does benefit any Social Security reform proposal. The FairTax.org plan does not change Social Security benefits or the structure of the Social Security system. All it does is replace the current revenue source (narrow, regressive payroll taxes) with a new revenue source (broad, progressive sales taxes paid by all consumers).
“Additionally, research shows that consumption is a more stable revenue source than income. If Social Security is reformed or privatized in a way that reduces the government’s need for revenue, then the FairTax rate can be reduced. For example, if a mandatory private savings program is implemented where people must save ten percent of their income and Social Security benefits are curtailed, then the FairTax rate can be reduced just as payroll taxes would be reduced.”
That guy’s photo reminded me of a phrase I hadn’t heard for a long time: “Pencil-Necked Geek”.
It’s gotten a LOT better. Those men don’t have to suffer the embarrassment of standing in line any longer. Now they get their EBT cards filled automatically every “pay day” and they can spend their “wages” using a plastic card like the rest of us do. Now THAT’S progress.
Ping to my post #6
Tax Lieberals. Put their money where their mouth is.
That’s just great...
So, theoretically at least, some very wealthy people pay no FICA or medicare taxes. Someone like John Kerry's wife, whose income comes from investments may not have paid much FICA or medicare taxes.
it seems like thom hartmann forgot to take his ritalin when he wrote this article lol...
I like to tease liberals on other sites by telling them that I support removing the cap as I plan to retire soon (not true), and so all of them millennials will be paying more to support my luxurious retirement lifestyle.
Oh yea, I also thanked them for Obamacare, as it lets me retire early and pay a relatively small amount for my insurance (which I would otherwise been forced to pay through the teeth for, if even available - due to health reasons). I thanked them because the people their age don’t even need the insurance, but are now forced to not only buy it, but to overpay for it...with that overpayment going straight to my generation.
Many people here, me included at times, call the Millennials selfish and greedy, but this older type person thinks that they are the MOST GENEROUS generation this country has ever seen - and that’s because THEY’RE TOO STUPID to figure it out.
Doesn’t matter. To the Left, nothing is ever enough. They could (and did) tax higher income at 95% and they will still complain, until it all becomes like Venezuela today... and then they will complain some more... and always blame someone else or some other idea. THEIR ideas can never be to blame, of course.
Yeah the nrst would resolve it...and a lot of other problems would go,away too.
Howdy, Principled.
Hope you and yours are healthy and doing well.
Can you hit a 2 iron, yet?
For the lower class without extra income, it is untaxed. For the middle class, 85 percent, including the amount paid into Medicare, is taxed as ordinary income.
I’ve heard many comment on the lack of ability and knowledge of the 20-year-olds; is this true?
Yes, Thom. After close to eight years of the Affirmative Action Amateur.
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