Ugly Hedgehog - Photography Forum
Home Active Topics Newest Pictures Search Login Register
General Chit-Chat (non-photography talk)
Social Security Scam By Congress
Page <<first <prev 3 of 7 next> last>>
Feb 20, 2013 11:15:03   #
singleviking Loc: Lake Sebu Eco Park, Philippines
 
daplight wrote:
I get tired of people who challenge me "If I've got the guts" to forward the email on...Who's scamming who here?Any time you see an email that says "forward this on to '10' (or however many) of your friends", "sign this petition", or "you'll get bad luck" or "you'll get good luck" or "you'll see something funny on your screen after you send it" or whatever --- it almost always has an email tracker program attached that tracks the cookies and emails of those folks you forward to. The host sender is getting a copy each time it gets forwarded and then is able to get lists of 'active' email addresses to use in SPAM emails or sell to other Spammers. Even when you get emails that demand you send the email on if you're not ashamed of God/Jesus --- that is email tracking,
I get tired of people who challenge me "If I'... (show quote)


You're an idiot if you think that a pre-scanned for virus or cookies posting can be posted and then rescanned by the server of this bulletin board. Yea, your senario might be true if you got this through normal email or in your SPAM box, but that's not the case here. You must be another pararniod who thinks that everyone is out to get you.

Reply
Feb 20, 2013 11:16:34   #
Mike from Point
 
If you think that is bad, consider this. The Social Security Act was established in 1935 by FDR and the Congress with benefits to be paid out when you reached 65. The life expectancy of US males in 1935 was 57.4 years. That was a great "Ponzi Scheme". Congress must have thought "Boy do we have them now!"

Reply
Feb 20, 2013 11:43:24   #
Martys Loc: Lubec, Maine
 
Business,......as usual,....best government $$$$$$ can buy

Just move along,.......nothing happening here
Just move along,.......nothing happening here...

Reply
 
 
Feb 20, 2013 11:45:15   #
RMM Loc: Suburban New York
 
nimbushopper wrote:
When you finally start to collect your SS benefit the gov't then taxes you again on it as an income! A scam is correct, that's why congress exempted themselves from having to participate.

Social Security income wasn't taxed until 1984. Thanks, Ronnie.

On the other hand, if you earned other income while collecting Social Security, your benefits were reduced.

I believe Congress should operate under the same rules as the people who are subject to the laws passed by Congress. Put 'em on Social Security and subject their retirement benefits to whatever the average is for working people.

Reply
Feb 20, 2013 12:20:30   #
rrforster12 Loc: Leesburg Florida
 
nimbushopper wrote:
When you finally start to collect your SS benefit the gov't then taxes you again on it as an income! A scam is correct, that's why congress exempted themselves from having to participate.


I think it is worthy of note that SS was originally created as a benefit that was not taxed and functioned in that manner until the Clinton administration changed the law to make the SS benefit taxable. It was Al Gore that cast the tie breaker vote to make this happen. Who can honestly believe that the Dems are "for the middle class"?

Reply
Feb 20, 2013 12:30:41   #
Screamin Scott Loc: Marshfield Wi, Baltimore Md, now Dallas Ga
 
That's not completely true... This is copied from SSA's website
"The taxation of Social Security began in 1984 following passage of a set of Amendments in 1983, which were signed into law by President Reagan in April 1983. These amendments passed the Congress in 1983 on an overwhelmingly bi-partisan vote.

The basic rule put in place was that up to 50% of Social Security benefits could be added to taxable income, if the taxpayer's total income exceeded certain thresholds.

The taxation of benefits was a proposal which came from the Greenspan Commission appointed by President Reagan and chaired by Alan Greenspan (who went on to later become the Chairman of the Federal Reserve). "....
Then what you describe came about here (from their website again...

" In 1993, legislation was enacted which had the effect of increasing the tax put in place under the 1983 law. It raised from 50% to 85% the portion of Social Security benefits subject to taxation; but the increased percentage only applied to "higher income" beneficiaries. Beneficiaries of modest incomes might still be subject to the 50% rate, or to no taxation at all, depending on their overall taxable income.

This change in the tax rate was one provision in a massive Omnibus Budget Reconciliation Act (OBRA) passed that year. The OBRA 1993 legislation was deadlocked in the Senate on a tie vote of 50-50 and Vice President Al Gore cast the deciding vote in favor of passage. President Clinton signed the bill into law on August 10, 1993. "

Of course, nowhere in this article does it say what that income level is ,above which, taxes were to be paid on
rrforster12 wrote:
nimbushopper wrote:
When you finally start to collect your SS benefit the gov't then taxes you again on it as an income! A scam is correct, that's why congress exempted themselves from having to participate.


I think it is worthy of note that SS was originally created as a benefit that was not taxed and functioned in that manner until the Clinton administration changed the law to make the SS benefit taxable. It was Al Gore that cast the tie breaker vote to make this happen. Who can honestly believe that the Dems are "for the middle class"?
quote=nimbushopper When you finally start to coll... (show quote)

Reply
Feb 20, 2013 12:55:55   #
UP-2-IT Loc: RED STICK, LA
 
daplight wrote:
I get tired of people who challenge me "If I've got the guts" to forward the email on...Who's scamming who here?Any time you see an email that says "forward this on to '10' (or however many) of your friends", "sign this petition", or "you'll get bad luck" or "you'll get good luck" or "you'll see something funny on your screen after you send it" or whatever --- it almost always has an email tracker program attached that tracks the cookies and emails of those folks you forward to. The host sender is getting a copy each time it gets forwarded and then is able to get lists of 'active' email addresses to use in SPAM emails or sell to other Spammers. Even when you get emails that demand you send the email on if you're not ashamed of God/Jesus --- that is email tracking,
I get tired of people who challenge me "If I'... (show quote)


My opinion on that, I refuse to belittle my God in that way and will not forward anything.

Reply
 
 
Feb 20, 2013 12:59:05   #
UP-2-IT Loc: RED STICK, LA
 
rrayr2002 wrote:
The SS system has been broke for the past 50 years that I can remember. So they claim.


Perhaps not broken but badly bent.

Reply
Feb 20, 2013 13:00:56   #
UP-2-IT Loc: RED STICK, LA
 
FredB wrote:
LARRYR. wrote:
FredB wrote:
Quote:
When you finally start to collect your SS benefit the gov't then taxes you again on it as an income! A scam is correct, that's why congress exempted themselves from having to participate.
Check your facts. Congress, the Executive Branch, and the Judicial Branch (judges, etc) have been covered under, and paying into the system since 1984. Yeah, a late start, I'll admit, but they're in the boat just like us.


Spoken like a true POLITICIAN
Ahh. Was there something about my statement which was false? Unlike some postings here, I'm doing my best to stick to fact, not unsubstantiated half-truths or inflammatory rhetoric. I'm no fan of the Social Security system but I think it only muddies the water when completely untrue statements are made about it.

1) It's a Pay As You Go system - always has been, always will be. Screaming "its MY money.." won't get you anywhere.
2) It's been expanded several times since inception to cover a wider and wider range of situations, partly in response to public demand.
3) Financially, it's very similar to a Ponzi scheme - new signups pay for existing members. The difference is that membership in typical Ponzi is voluntary. Most people have no choice but to participate in the SS system.
4) Just looking at demographics, the SS tax will almost have to be raised in coming decades to pay for the baby boomer population bubble that 40-70 years olds are in right now.
5) And yes, the "employer-paid" portion of the tax is passed on to consumers in the form of higher prices, despite what the defenders of the tax might say. All corporate taxes are.
6) Social Security will NEVER be fundamentally changed in this country so long as more people get it than pay into it. And that won't happen anytime soon.

Don't get fooled by right-wing fear mongers - they're no better than left-wing fear mongers, but they often seem to be more strident, and manage to come across as stupid and mean. That's the big difference between left-wing do-gooders and right-wing nutballs. The do-gooders don't come across as pissed off, semi-lucid, angry old white men. Mind you, they're both picking our pockets, and both should be taken out and dumped down the mineshaft, but it would be a lot easier for the nutballs on the right to convert the huge unconvinced middle of the roaders if they weren't always so damn hateful.
quote=LARRYR. quote=FredB quote When you finall... (show quote)


Well put !!!!!!!!

Reply
Feb 20, 2013 13:02:53   #
UP-2-IT Loc: RED STICK, LA
 
Mike from Point wrote:
If you think that is bad, consider this. The Social Security Act was established in 1935 by FDR and the Congress with benefits to be paid out when you reached 65. The life expectancy of US males in 1935 was 57.4 years. That was a great "Ponzi Scheme". Congress must have thought "Boy do we have them now!"


Mike, that was the AVERAGE expected life, I don't think they thought that at all.

Reply
Feb 20, 2013 13:04:21   #
UP-2-IT Loc: RED STICK, LA
 
rrforster12 wrote:
nimbushopper wrote:
When you finally start to collect your SS benefit the gov't then taxes you again on it as an income! A scam is correct, that's why congress exempted themselves from having to participate.


I think it is worthy of note that SS was originally created as a benefit that was not taxed and functioned in that manner until the Clinton administration changed the law to make the SS benefit taxable. It was Al Gore that cast the tie breaker vote to make this happen. Who can honestly believe that the Dems are "for the middle class"?
quote=nimbushopper When you finally start to coll... (show quote)


Sorry rr, it was Reagan that signed off on the taxes on SS.

Reply
 
 
Feb 20, 2013 13:07:29   #
UP-2-IT Loc: RED STICK, LA
 
Screamin Scott wrote:
That's not completely true... This is copied from SSA's website
"The taxation of Social Security began in 1984 following passage of a set of Amendments in 1983, which were signed into law by President Reagan in April 1983. These amendments passed the Congress in 1983 on an overwhelmingly bi-partisan vote.

The basic rule put in place was that up to 50% of Social Security benefits could be added to taxable income, if the taxpayer's total income exceeded certain thresholds.

The taxation of benefits was a proposal which came from the Greenspan Commission appointed by President Reagan and chaired by Alan Greenspan (who went on to later become the Chairman of the Federal Reserve). "....
Then what you describe came about here (from their website again...

" In 1993, legislation was enacted which had the effect of increasing the tax put in place under the 1983 law. It raised from 50% to 85% the portion of Social Security benefits subject to taxation; but the increased percentage only applied to "higher income" beneficiaries. Beneficiaries of modest incomes might still be subject to the 50% rate, or to no taxation at all, depending on their overall taxable income.

This change in the tax rate was one provision in a massive Omnibus Budget Reconciliation Act (OBRA) passed that year. The OBRA 1993 legislation was deadlocked in the Senate on a tie vote of 50-50 and Vice President Al Gore cast the deciding vote in favor of passage. President Clinton signed the bill into law on August 10, 1993. "

Of course, nowhere in this article does it say what that income level is ,above which, taxes were to be paid on
rrforster12 wrote:
nimbushopper wrote:
When you finally start to collect your SS benefit the gov't then taxes you again on it as an income! A scam is correct, that's why congress exempted themselves from having to participate.


I think it is worthy of note that SS was originally created as a benefit that was not taxed and functioned in that manner until the Clinton administration changed the law to make the SS benefit taxable. It was Al Gore that cast the tie breaker vote to make this happen. Who can honestly believe that the Dems are "for the middle class"?
quote=nimbushopper When you finally start to coll... (show quote)
That's not completely true... This is copied from ... (show quote)


The level now is $38,000, after that one is subject to income tax. Thats a compliation of SS and earned income.

Reply
Feb 20, 2013 13:29:05   #
FLandWVMIKE Loc: Daytona Beach, Fla.
 
History Lesson on Your Social Security Card
Dick Kantenberger - Gifted Education Writer - Examiner.com
History Lesson on Your Social Security Card
Just in case some of you young whippersnappers (& some older ones) didn't know this.
It's easy to check out, if you don't believe it. Be sure and show it to your family
and friends. They need a little history lesson on what's what and it doesn't matter
whether you are Democrat or Republican. Facts are Facts.

Social Security Cards up until the 1980s expressly stated the number and
card were not to be used for identification purposes. Since nearly everyone in the
United States now has a number, it became convenient to use it anyway and the
message, NOT FOR IDENTIFICATION, was removed.

An old Social Security card with the "NOT FOR IDENTIFICATION" message.
Our Social Security

Franklin Roosevelt, a Democrat, introduced the Social
Security (FICA) Program. He promised:

1.) That participation in the Program would be
Completely voluntary,
No longer Voluntary
2.) That the participants would only have to pay
1% of the first $1,400 of their annual
Incomes into the Program,
Now 7.65% - - on the first $106,000
3.) That the money the participants elected to put
into the Program would be deductible from
their income for tax purposes each year,
No longer tax deductible
4.) That the money the participants put into the
independent 'Trust Fund than into the
general operating fund, and therefore, would
only be used to fund the Social Security
Retirement Program, and no other
Government program, and,
Under Johnson the money was moved to
The General Fund and Spent
5.) That the annuity payments to the retirees would never be taxed
as income.
Under Clinton & Gore =- Up to 85% of your Social Security can be Taxed
Since many of us have paid into FICA for years and are
now receiving a Social Security check every month --
and then finding that we are getting taxed on 85% of
the money we paid to the Federal government to 'put
away' -- you may be interested in the following:
------------ --------- --------- --------- --------- --------- ----

Q: Which Political Party took Social Security from the
independent 'Trust Fund' and put it into the
general fund so that Congress could spend it?
A: It was Lyndon Johnson and the democratically
controlled House and Senate.
------------ --------- --------- --------- --------- --------- --------- --

Q: Which Political Party eliminated the income tax
deduction for Social Security (FICA) withholding?
A: The Democratic Party.
------------ --------- --------- --------- --------- --------- --------- -----

Q: Which Political Party started taxing Social
Security annuities?
A: The Democratic Party, with Al Gore casting the
'tie-breaking' deciding vote as President of the
Senate, while he was Vice President of the US
------------ --------- --------- --------- --------- --------- --------- -

Q: Which Political Party decided to start
giving annuity payments to immigrants?

AND MY FAVORITE:

A: That's right!
Jimmy Carter and the Democratic Party.
Immigrants moved into this country, and at age 65,
began to receive Social Security payments! The
Democratic Party gave these payments to them,
even though they never paid a dime into it!
------------ -- ------------ --------- ----- ------------ --------- ---------

Then, after violating the original contract (FICA),
the Democrats turn around and tell you that the Republicans want
to take your Social Security away!
And the worst part about it is uninformed citizens believe it!
If enough people receive this, maybe a seed of
awareness will be planted and maybe changes will
evolve.

Actions speak louder than bumper stickers

Reply
Feb 20, 2013 13:29:31   #
gekko11 Loc: Las Cruces NM
 
ive heard of this practice quit alot lately, several employers have told me that they dont have to pay some of the cost associated with the new healthcare bill(obamacare) on part time/temp employees. since they cant stay in bussiness otherwise they are converting to all part time employees. I personally know 8 people that have been fired from their long standing jobs and replaced with p/t workers . A nation of minimum wage worker bees? I guess thats what we call evening out the playing field ,,we will ALL be poor

Reply
Feb 20, 2013 14:14:47   #
Rook Loc: PA
 
Hi,
Many people on this forum remember all the wars since WW2, The government, although they denied it for years dipped into the S.S. fund to pay for these wars. that's why the taxes never went up during these periods. They never paid back the money, but used I.O.Us instead. Now even if you pay federal taxes on your S.S. they don't put that money into the S.S. fund, but it goes to the general fund. The way to stop this insanity is to have all people in government pay into S.S. as we do or did. They are not to have their own pensions or welfare according to the constitution.

Reply
Page <<first <prev 3 of 7 next> last>>
If you want to reply, then register here. Registration is free and your account is created instantly, so you can post right away.
General Chit-Chat (non-photography talk)
UglyHedgehog.com - Forum
Copyright 2011-2024 Ugly Hedgehog, Inc.