Posted on 11/25/2019 10:43:08 AM PST by ChicagoConservative27
Mayor Pete Buttigieg wants to raise taxes on the more wealthy Social Security earnings, as part of a plan to save it from bankruptcy, according to a plan released Monday. Buttigieg announced individuals earning above $250,000 (Families earning over $500,000) would face higher Social Security taxes if he is elected president.
(Excerpt) Read more at breitbart.com ...
If you felt that way, why did you apply???
Other than the fact that he likes it in the rear he has nothing going for him he wont be the nominee
No, it was in 1983 (under Reagan) that Social Security was first taxed. It was changed in 1993 to generate more income.
“Here’s a thought. Only award SS benefits to people who contributed to it and their survivors.”
Ding, ding, ding! We have a winner!! The number of people collecting SSDI and SSI (AND Medicare/Medicaid) who NEVER paid a dollar into any of the systems is staggering! But they are always the first programs that politicians threaten to cut, rather than going after all of the various welfare systems, especially those that benefit people who are not citizens, or are not even in the country legally. (And yes, I know that people who are not here legally are not eligible for welfare but we all know that they get it anyway in one form or another!
And what about the Billions Congress (with previous Presidents’ kudos) stole from the SS Trust Fund to buy votes (and worse...)
And that would solve a lot of problems.
Politicians, cops and fire personnel making 125k +++??
It's bull sh*t and it's been choking off the tax payers for years.
Changing the rules long after the game has started.
No thank-you.
in self-respecting opponent of buttigigity, pub or dem, would immediately attack him for wanting to raise taxes on old folks and make him defend his position ...
oops, buttigigity just touched the third rail ...
The average life expectancy when Social Security began was about 67 years old.
Leave it to a Rat like Buttplug to punish those of us who have paid the maximum into the system, and STILL managed to save, pay top bracket income taxes, and build wealth. He wants to punish us for our success.
SPIT!!!
It’s a welfare program designed for people just like me.
That's exactly what would happen.
You are giving them the expected response. Once they get this and the amount is set at 250K, they'll start lowering it. SS is the third rail of finance. Anybody who screws around with it is in trouble. I get SS.
Not to mention Pols cashing in...and playing quid pro quo...all over the place.
These mutts work for us...or are suppose to.
I'm in a very conservative state...OK.
And these mutton heads do NOTHING..and say NOTHING...in support of TRUMP....
I've called them many times...and they don't care.
I've told them many times....I'm a professional..and I know many others like me that will not send you any $$ again...and they don't seem to care.
Term limits for every Senator and Congress person...!!!...That's my thinking!!!
If he says $250k, he means $50k. He’s just getting people to adjust raising taxes by making people think it isn’t them.
OK, thanks.
Maybe here he’s talking about FICA withholding, increasing the limit so more of your paycheck is taxed?
I think he is talking about raising the limit on withholding from those paying into the system, not retirees.
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