social security

[Riot]

Originally Posted by Danzig

and who's going to suggest that simple fix?! the leading dems are all in denial about the need for a fix.

Harry Reid has already suggested that this senate. The Dems have always embraced that.

The "denial" is what you posted about the stability of the system for the next 27 years; the Dems accurately point out that SS does not need an "immediate emergency fix with reduction of benefits" as the Republicans would like to do, are maintaining must be done, right now.

as for 'raising the cap'....how can you require people to put into social security, ostensibly for them to regain at retirement, and then tell them they can't have it after all?

What are you talking about? Nobody would do that. Who would be told they can't have it? I don't know what you are speaking of? Believe me, with the ages people are living to now, everyone would still get out more than they put in, as now. The cash flow would be outstandingly better.

it's no longer a retirement fund when you do that-it's a tax.

A tax? No. It's exactly what we have now. Exactly. A percentage of income up to a dollar amount of gross income. The cap is simply raising that dollar amount from $103,800 to $200,000.

[Danzig]

Originally Posted by Riot

Harry Reid has already suggested that this senate. The Dems have always embraced that.

The "denial" is what you posted about the stability of the system for the next 27 years; the Dems accurately point out that SS does not need an "immediate emergency fix with reduction of benefits" as the Republicans would like to do, are maintaining must be done, right now.



What are you talking about? Nobody would do that. Who would be told they can't have it? I don't know what you are speaking of? Believe me, with the ages people are living to now, everyone would still get out more than they put in, as now. The cash flow would be outstandingly better.



A tax? No. It's exactly what we have now. Exactly. A percentage of income up to a dollar amount of gross income. The cap is simply raising that dollar amount from $103,800 to $200,000.

er, the denial was in the link above, where leading dems said that ss has no effect on the deficit, which is untrue. they seem to have no idea what state ss is in, which probably explains the cut to withholding. yeah, let's lower taxes..then we can raise them to pay the interest to get ss back where it needs to be. makes perfect sense. and yes, it is a tax. let's not kid ourselves on that. changing retirement ages, cutting benefits, etc. many do not get back what they put in.