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Posted on 10/04/2025 8:57:23 AM PDT by dwilkins
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End property tax at age 70.
Drugs at FDA-approval agreement income multiples - biologics 1/10th of your income, breakthrough chemical process drugs 1/20th of your income.
Split hospitals into two competitive entities.
End property tax at Social Security start age plus two.
“fertility”
First five years of Social Security might be based on what your kids put in.
I don’t know if people think about this- conservatives and logical thinkers were very against social security. It was always a bad plan
Quit misspending money and execute those who do so.
They will eventually enact some sort of means testing for Social Security. I have a multimillionaire uncle collecting $4k a month in SS that he really doesn’t need and there’s plenty more out there like him.
The old American way-
Marry young and have more kids than you can afford.
The new American-
Be stingy, have only one kid spoiled rotten and watch as he self-destructs. Then in your old age sell your house and move into a dingy rest home and have no visitors.
I’m happy that my wife and I believed in Planned Parenthood. She’d tell me she was pregnant, and we’d begin planning on it!
But then did your uncle pay into Social Security during his working lifetime? If so, he’s entitled to benefits, whether he “needs” it now or not.
I agree means testing could well happen. But how will they administer such tests? For example, if you own a house, will that be used against you in determining eligibility for Social Security benefits? Then again, just because you own a house doesn’t mean that you have a lot of cash, even though on paper, you’re very wealthy for owning an asset such as a house.
The growth was and is service the debt.
And the system isn't just "historically" based on debt, it's currently based on it.
The population explosion and migrations over the last century and a half have been to support debt financing for global industrial production.
When a legal citizen is born the Federal Government places a $50,000 deposit in that child’s name in a retirement account based on the S&P 500. At age 65, that fund would be worth over 4.5 million assuming a 7% growth (The average is 11%)
At 65 this can used as an annuity for retirement and to purchase insurance.
All funds from this account are tax exempt.
Once per account, before age 55 the account may be used as collateral for a home loan
Here re the strings
People with this account pay no SS, and will not qualify for Medicare.
The account is non transferable. Since everyone gets one, there is no need for survivor benefits.
Upon death, any non-distributed funds are returned to the government
It is a CAPITAL OFFENSE for any member of congress to propose legislation taxing, or controlling these funds. The act of proposing is an admission of guilt and execution occurs within 1 hour of the proposal.
______________
Social Security payments would continue for people not in this system but would decline over time as fewer people were in the system.
I’m not even counting his very average ($450k) house in his net worth. I’m sure he’s worth well north of $20 million and all he does now is dispense his excess wealth giving money to various charities. And most of his social circle is in similar shape financially. Whether you believe he’s still entitled to it is irrelevant when you weigh in the fact that the country (and SS) is bankrupt it’s the only practical solution.
SS is a pyramid scheme! It should not have been built on the backs of a non existing citizenry!
Making home ownership even more unaffordable for the under 70? Giving wealthy older homeowners a big break? Nothing for older renters?
Let me guess, you’re over 70 and own your home.
Eternal souls! What could be more priceless?
Matthew 16:26
For what is a man profited, if he shall gain the whole world, and lose his own soul? or what shall a man give in exchange for his soul?
he gets $4k/month because he was forced at gun point to pay in to the system a lot more than that
Well he played the game and it worked out quite well for him. Some people are more clever than others. Are we just gonna write off the less clever elderly and allow them to slip through the cracks financially and perhaps become homeless? $4k a month is nothing to these wealthier people and they can easily absorb such a minor hit to their finances.
That doesn’t mean they won’t be blamed for its problems.
The first part I can get behind. The second part sounds a little heavy handed. It would be effective, no argument, but a little heavy handed. 😄
so, from each according to his ability, to each according to his needs?
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