Frightened (Page 2): This is a very good point that most liberals are unable (to be more accurate, probably unwilling) to comprehend.

FrumCA

btbg wrote:

Why shouldn't they get the bulk of the tax cut. They pay the bulk of the taxes. The bottom 45 percent pay no taxes, so they should not get a tax cut. The top 1 percent pay something like 30 percent, so why shouldn't they get a break. What do you think their fair share is. I suppose you want to steal all of their wealth.

This is a very good point that most liberals are unable (to be more accurate, probably unwilling) to comprehend.

John_F Loc: Minneapolis, MN

RixPix wrote:

If you listen to what Trump is saying about Social Security and still vote for him, you are actually causing yourself financial harm.

If not an aching empty stomach.

boberic Loc: Quiet Corner, Connecticut. Ex long Islander

John_F wrote:

If not an aching empty stomach.

Simple fact is that social security as it currently structured is a ggiant ponzi scheme. It is unsustainable. In order to "save" it changes MUST be made. The easiest changge would be evvery one gets less. There is no other easy, less hurtful way. The only question is how much. The other "easy" way is some kind of Employer/employee plan. Put me incharge. I could put togethera etter plan than what we now have.

Fotoartist Loc: Detroit, Michigan

letmedance wrote:

Vote Biden and find out. Honestly though, i do not consider myself wealthy and I did get a tax break. Let me research something before I speak any further.

Back in time to edit. Please check this article and chart, it seems everyone earning more than a dollar was given at least a 2% reduction. Our SS should be fine, changes made will likely not be made to us old farts.

You have to vote for Biden to see what's in his head, to paraphrase Nancy Pelosi.

btbg

boberic wrote:

Simple fact is that social security as it currently structured is a ggiant ponzi scheme. It is unsustainable. In order to "save" it changes MUST be made. The easiest changge would be evvery one gets less. There is no other easy, less hurtful way. The only question is how much. The other "easy" way is some kind of Employer/employee plan. Put me incharge. I could put togethera etter plan than what we now have.

No kidding. A few years ago we had a retirement seminar at work. The provider said to the younger people that if they just put 5 percent of their income into a plan starting when they were 18 by the time they were 55 they should have a million in the bank based on historical growths in mutual funds.

Of course if the money that we pay into social security was put into the same mutual funds that would be 12 percent of our income and most of the people in our country would be multimillionaires by the time they were ready to retire. Instead we have it taken out of our pay so that we don't have money left to invest and we have to rely on government to "take care" of us.

dennis2146 Loc: Eastern Idaho

Carusoswi wrote:

Interesting, Republicans pushed through a huge tax cut that befitted big business and wealthy citizens, concern for the deficit be damned. Then, predictably, they turned there attention to entitlements including social security because it needs to be changed to survive. What changes will be made?

I have paid in all my life. Will I get screwed in the end?

Caruso

I am far from being a wealthy citizen but the tax cuts sure benefitted my wife and me. Sorry it didn't work out for you.

Dennis

scooter1 Loc: Yacolt, Wa.

boberic wrote:

It's not so much that a Biden presidency frightens... (show quote)

scooter1 Loc: Yacolt, Wa.

RixPix wrote:

No worries. Despite what you have heard, the current Democratic Candidate and his running mate are not so far to the left.

What is worrisome or should be for someone your age is that the Republicans are poised to eliminate social security. If you listen to what Trump is saying about Social Security and still vote for him, you are actually causing yourself financial harm.

You amaze me every time you make a statement like this. How uninformed can you be?

scooter1 Loc: Yacolt, Wa.

boberic wrote:

The chance that Biden will not finish his irst term is quite high. If so, Harris is the most leftist of any democrat candidate in history. Quite close to socialist,\. A Bernie advocate..Trump has said that he will KEEP social security. But in order for. it to survivve changes MUST be made. A Biden presidency will do far more harm to my investments than trimming social security.

scooter1 Loc: Yacolt, Wa.

Good argument krakhead.

scooter1 Loc: Yacolt, Wa.

letmedance wrote:

Vote Biden and find out. Honestly though, i do not consider myself wealthy and I did get a tax break. Let me research something before I speak any further.

Back in time to edit. Please check this article and chart, it seems everyone earning more than a dollar was given at least a 2% reduction. Our SS should be fine, changes made will likely not be made to us old farts.

scooter1 Loc: Yacolt, Wa.

Frank T wrote:

Technically, you're correct. However, 85% of the benefits of the tax reduction was given to the top 10% of the people. That 10%, just happen to be rich people.

You just don't get it do you? Who do you think employ's the workers? Why do you think these people or company's do their business overseas? They're responsible for their companies and their shareholders.

scooter1 Loc: Yacolt, Wa.

btbg wrote:

Why shouldn't they get the bulk of the tax cut. They pay the bulk of the taxes. The bottom 45 percent pay no taxes, so they should not get a tax cut. The top 1 percent pay something like 30 percent, so why shouldn't they get a break. What do you think their fair share is. I suppose you want to steal all of their wealth.

scooter1 Loc: Yacolt, Wa.

btbg wrote:

You got screwed when they made you pay into social security instead of allowing both you and your employer to invest the money in your own account. And social security obviously has to change to survive. I believe it is either this year or next year that it will pay out more than it takes in. That is clearly unsustainable.

scooter1 Loc: Yacolt, Wa.

dpullum wrote:

Yes, disappointing... and just when we were on the brink of having a White-Christian-Dictatorship. Well better said a Pseudotheocratic Blanco Oligarchy.