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My guess is O think old white folks are too rich.

50% of baby boomers (45 to 59) voted for this. 43% of people over 60 voted for it. Hope & Change.

1 posted on 01/19/2011 2:47:02 PM PST by Frantzie
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To: Frantzie

Just another variant of soaking the “rich”. (”rich” in this case meaning “anyone who saved, worked hard, and planned wisely for their future”)

I know this is coming sooner or later; that’s why I’m shifting all the revenue I possibly can into non-compensation categories.


2 posted on 01/19/2011 2:52:15 PM PST by Nervous Tick (Trust in God, but row away from the rocks!)
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To: Frantzie

Can somebody translate “means testing” for me? Is it just another way of saying redistribution of wealth?


3 posted on 01/19/2011 2:52:23 PM PST by ConjunctionJunction
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To: Frantzie

What sucks about this is that many now ‘rich’ probably started out working dirt stinkin’ poor while putting into SS and gradually rose in income due to hard work, but get shafted because of how much wealth they have today.


4 posted on 01/19/2011 2:52:36 PM PST by Free Vulcan (The cult of Islam must be eradicated by any means necessary.)
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To: Frantzie

I wonder how many times Obummer will reference the Tuscon killings. And being there when Gabbie Gifford opened her eyes. {sniff}

He’ll probably have the parents of the cute little girl sitting next to his wife...as he declares the need for greater gun control laws.


5 posted on 01/19/2011 2:52:44 PM PST by proudpapa
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To: Frantzie

I’m not going to critique anything our Dear Leader might suggest, not in advance at least. Let’s wait and see what the socialist has in mind.


6 posted on 01/19/2011 2:52:51 PM PST by Pollster1 (Natural born citizen of the USA, with the birth certificate to prove it)
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To: Frantzie

At the risk of offending the spirit of Claude “I will not vote for a decrease in benefits” Pepper, I am perfectly content to rename Social Security “Old Age Welfare” and means testing applicants.


8 posted on 01/19/2011 2:53:42 PM PST by jimfree (In 2012 Sarah Palin will continue to have more relevant quality executive experience than B. Obama.)
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To: Frantzie

The taxation of SS retirement benefits is a form of “means testing” that is already in place.


9 posted on 01/19/2011 2:55:43 PM PST by Roccus
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To: Frantzie

Obama came in under Hope and Change.
America has liitle hope under Obama but we have gotten change
The State of the Union Address - Obama Administration 2 years later
Unemployment - Jan 2009 was 7.6 % / Jan 2011 is 9.4 %
Average price for gallon of gas - Jan 12 2009 was $1.78 / Jan 17 2011 was $3.10
National Debt - Jan 14, 2009 was 10.6 Trillion Dollars / Jan 14, 2011 was 14.0 Trillion dollars


10 posted on 01/19/2011 2:55:58 PM PST by SECURE AMERICA
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To: Frantzie
There is already a considerable amount of means testing in the SS system. If you make twice as much as someone else throughout your life and therefore pay twice as much in SS taxes you will not get anywhere close to twice the SS payments in retirement.

It might just be time to throw aside the retirement and insurance camouflage and just state outright that Social Security is a welfare program for the old.

14 posted on 01/19/2011 2:57:56 PM PST by KarlInOhio (Washington is finally rid of the Kennedies. Free at last, thank God almighty we are free at last.)
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To: Frantzie

What a Gyp.


19 posted on 01/19/2011 3:19:51 PM PST by screaminsunshine (Surfers Rule)
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To: Frantzie

From each according to his ability, to each according to his need....


20 posted on 01/19/2011 3:33:20 PM PST by PTBAA
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To: Frantzie
My guess is O think old white folks are too rich.

I bet Zero's a 9/11 truther too. He's such an idiot.

22 posted on 01/19/2011 4:02:34 PM PST by 50mm ( If people would just stop watching PMSNBC, there would be no 9/11 truthers)
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To: Frantzie

Did you ping “Scooter”?


23 posted on 01/19/2011 4:28:45 PM PST by Eaker (In the middle of difficulty lies opportunity. Albert Einstein)
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To: Frantzie
Social Security distributions are already "means tested." They are ordinary income and as such are taxed at the marginal rates just like any other income.

If the class warfare types want to change this by imposing some sort of super-means-testing on Social Security benefits, they should at least have the good grace and common sense to phase it in gradually. What these community organizers don't understand is that, in the real world, retirement plans are based on a mix of anticipated assets, of which Social Security is but one. Unless you are truly wealthy (and by that I do not draw the line at a ridiculous $250,000 per couple per year), screwing with any one leg of the plan tends to seriously upset the plan.

24 posted on 01/19/2011 5:17:25 PM PST by blau993 (Fight Gerbil Swarming)
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