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There is no lock box, what a current worker pays funds current retirees. Get over it people, it is welfare. No more lip stick on this pig. Therefore, if it is welfare, then yes to means testing and yes to removing the income cap on SSI paycheck deductions.
Which will bring more of the affluent politically active to embrace privatization.
There is no lock box, what a current worker pays funds current retirees. Get over it people, it is welfare. No more lip stick on this pig. Therefore, if it is welfare, then yes to means testing and yes to removing the income cap on SSI paycheck deductions.
You are wrong. Check and see how much you have paid into SS. Would you like to just lose that money?
Yes, I can see not receiving MORE than I actually paid into it, but as I have said before, people should at least get back what they paid into it plus the corresponding minimum savings account interest rate for each year. (I researched it once before, and it was an average of about 5% per year since 1960.)
You are wrong. Check and see how much you have paid into SS. Would you like to just lose that money?
Yes, I can see not receiving MORE than I actually paid into it, but as I have said before, people should at least get back what they paid into it plus the corresponding minimum savings account interest rate for each year. (I researched it once before, and it was an average of about 5% per year since 1960.)
Get over it.
From what I've read folks, on average, are getting way less than a 5% return on the amount they've paid in.
He is just doing what many to attract the despite in nay election in selling a hope for transfer that would never make it to the floor of either house. The Breaux commission is best study on SS and what it takes to save it over time. But they really need to work more on Disability within because it goes under funded much sooner and is stand alone part. Then many other entitlements as SS is the easy one other than that.
Another politician to vote against. Before cutting social security how about ending military aid for the Egyptian armed forces? If we cannot afford to take care of our citizens, let's stop all foreign aid. No more money for African dictators to siphon off into Swiss bank accounts. How about NASA funding. We have been to the moon. Now we don't even know what we want to accomplish with the NASA budget. Isn't it bad enough that we were taxed when we contributed to social security and now we get taxed on the proceeds? Any politician that ignores the votes of the retirees should learn a lesson.
You are wrong. Check and see how much you have paid into SS. Would you like to just lose that money?
Yes, I can see not receiving MORE than I actually paid into it, but as I have said before, people should at least get back what they paid into it plus the corresponding minimum savings account interest rate for each year. (I researched it once before, and it was an average of about 5% per year since 1960.)
Good question. I read in one source (I forget which) that the 80k was for a single individual, and that the thresholds would be higher for a couple (so far, I haven't found how much higher). If this is correct, however, the death of a spouse could throw a wrench into the works for the survivor. Also, as we all know, 80k in one part of the country is a fortune, and 80k in another part of the country is a pittance . . .
Christie has the highest negatives of any candidate at present. Stay tuned for more "ideas" from this bully as he attempts to put himself back into the spotlight.
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