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Here's Why ALL Incomes Need To Be Taxed For Social Security
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Feb 24, 2019 16:25:01   #
buffalo Loc: Texas
 
vernon wrote:
Yes he is drawing, its THE LAW you have to take it. As I listen to your ramblings on the rich I have realized what your problem is.You are a union man and you listen to some ignorant union boss telling you how you are being screwed by the rich. Well the union boss usually makes 10x what the workers make and they don't care about anyone but them selves.


Well, einstein, I worked in the banking industry for 171/2 years and was then self employed for over 20 years. I do not recall any union boss telling me shit. The union boss is then just like the rich, they don't care about anybody but themselves.

Do you think it is fair that because of their political influence and political power to gain even more advantage that the 1% now capture over 52% of ALL income and pay an effective tax rate of just over 20%? While the bottom 99% shares the remaining 48%? Is it fair that wages for the average American have been stagnant for the 50 years, even with trumpy's booming economy. That's because it may be booming for the wealthy but it still remains stagnant for the Average American.



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Feb 24, 2019 16:29:26   #
Nickolai
 
Larry the Legend wrote:
Nice idea. Would you also increase the payout these people receive in proportion to the increased funds they pay in? If not, then why are you advocating for stealing more of their earnings to give to someone else?

You can harp on about 'lost revenue' until the cows come home but understand this, those who pay the most usually receive the least. They are paying into a system that was designed to take their money and give it away to others who did not earn it and have no right to claim it. And they're paying into it, for reasons that I for one will never fathom.

Envy is a terrible thing, it eats away at your self-esteem and puts thoughts into your head that wouldn't be there if not for the evil that is envy. Instead of cursing those who are doing well in this world, wish them well, and hope they continue their goodwill towards the rest of humanity, because if they decide to withdraw their largesse, you will not appreciate the hardship that results.
Nice idea. Would you also increase the payout the... (show quote)








If you want money you got to get it from them that got it you can't get it from them that don't got any. That's why willie Sutton robed banks because that's where the money was

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Feb 24, 2019 16:34:00   #
Nickolai
 
Larry the Legend wrote:
Bingo! Not only would you be enjoying a much better standard of living for your retirement, but your heirs would benefit from your nest egg after you pop your clogs. As it stands now, you get whatever they decide to give you and your heirs get zilch on your death, because there's no account with your name on it and no money in that non-existent account.

Welcome to the world of socialism.





It was never your money that's conservative me me me thinking. It is a social safety net for survivers. the disabled, and the loosers in our capitalist economic system that had an inability to make it in a competitive dog eat dog system

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Feb 24, 2019 16:48:14   #
Nickolai
 
Larry the Legend wrote:
What if that were true for everything? What if you walk into MacDonald''s for a burger and they charge you based on your income? The more you make the more you pay. Is that also acceptable? Government does not do more for those who pay more, so why should more successful people be forced to pay the extra?

I have my own version of the 'fair tax'. Total the expenses for government in the coming year and divide that by the number of taxpayers, then send each one the same bill for the same government. Now, what''s wrong with that?
What if that were true for everything? What if yo... (show quote)


McDonalds is a free enterprise government provides services for the people

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Feb 24, 2019 17:15:46   #
debeda
 
Morgan wrote:
That's right Ok'y look it up Sorry to burst your Cynical bubble.


SSA and SSI are drawn from the same fund.

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Feb 24, 2019 17:17:30   #
buffalo Loc: Texas
 
Nickolai wrote:
McDonalds is a free enterprise government provides services for the people


They provide plenty for the wealthy and their corporations, especially the military industrial corporations in the form of bailouts, tax breaks and subsidies. Helping the elderly, poor and sick is just wasteful welfare and entitlements spending.

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Feb 24, 2019 17:43:38   #
buffalo Loc: Texas
 
debeda wrote:
SSA and SSI are drawn from the same fund.


Your right...the GENERAL FUND of the USTreasury.

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Feb 24, 2019 17:46:58   #
Larry the Legend Loc: Not hiding in Milton
 
vernon wrote:
Yes he is drawing, its THE LAW you have to take it.

Have to, you say? Then why do they have this?

https://secure.ssa.gov/poms.nsf/lnx/0202409040

Tell me again how it's "THE LAW"...

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Feb 24, 2019 19:49:45   #
tophat
 
buffalo wrote:
Many of the wealthy do not work. They live off their stock dividends, capital gains, rent on property, etc and pay NO Social Security or Medicare taxes on that income. How is that fair?

You bitch about the poor getting help from the government, yet overlook the fact that corporate "welfare" (tax incentives, tax abatements, bailouts, etc) spending dwarfs social 'welfare" spending. Why shouldn't corporations "reap the consequences of what they sow, good or bad? Instead profits are privatized and losses are born by taxpayers.

http://thinkbynumbers.org/government-spending/corporate-welfare/corporate-vs-social-welfare/

http://www.forbes.com/sites/taxanalysts/2014/03/14/where-is-the-outrage-over-corporate-welfare/#3950256327dd

And now along comes trumpy with more tax cuts for the wealthy and corporations.
Many of the wealthy do not work. They live off the... (show quote)


Buff, consider the fact that corporations do NOT pay taxes--- that charge is merely passed along to the consumer as a cost of doing business!!!! The purchaser of their products just pay more for whatever that
corp. produces.

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Feb 25, 2019 07:07:56   #
buffalo Loc: Texas
 
tophat wrote:
Buff, consider the fact that corporations do NOT pay taxes--- that charge is merely passed along to the consumer as a cost of doing business!!!! The purchaser of their products just pay more for whatever that
corp. produces.


BULLSHIT!

Then why did trumpy and the repulsive feel it necessary to lower the corporate tax rate from 35% to 20%, a nearly 45% tax rate reduction if they don't pay taxes? Did they lower price ANY? Did it cause them to give their workers raises? Or, as they were already making record profits and awash in cash, did it cause them to just buyback more of their stock to increase major shareholder's wealth?

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Feb 25, 2019 08:06:26   #
tophat
 
buffalo wrote:
BULLSHIT!

Then why did trumpy and the repulsive feel it necessary to lower the corporate tax rate from 35% to 20%, a nearly 45% tax rate reduction if they don't pay taxes? Did they lower price ANY? Did it cause them to give their workers raises? Or, as they were already making record profits and awash in cash, did it cause them to just buyback more of their stock to increase major shareholder's wealth?


It went right over your head!

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Feb 25, 2019 08:14:38   #
buffalo Loc: Texas
 
tophat wrote:
It went right over your head!


Then why don't you answer the questions and enlighten me? IF, as you (and I know others have) contend that corporations don't pay taxes, then why did trumpy and the repulsives "cut" the corporate "tax rate" from 35% to 20%? By your logic prices for their products should have dropped by the same percentage and wages for their workers should have risen as promised. Or is what your contending just BULLSHIT and corporations own the politicians in DC and are just greedy mfers?

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Feb 25, 2019 08:28:57   #
tophat
 
buffalo wrote:
Then why don't you answer the questions and enlighten me? IF, as you (and I know others have) contend that corporations don't pay taxes, then why did trumpy and the repulsives "cut" the corporate "tax rate" from 35% to 20%? By your logic prices for their products should have dropped by the same percentage and wages for their workers should have risen as promised. Or is what your contending just BULLSHIT and corporations own the politicians in DC and are just greedy mfers?


you just should take a class on economics , no sense in arguing.

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Feb 25, 2019 09:05:14   #
Seth
 
vernon wrote:
I'm 85 and have been voting for a day or to,and in my time i have to say we have a president who cares about the working man and its the first time i can remember in my life time where that is the case.Trump has been the best president in my life time .



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Feb 25, 2019 09:32:25   #
buffalo Loc: Texas
 
tophat wrote:
you just should take a class on economics , no sense in arguing.


LOL! I bet I know more about economics in my little toe than you. I have a degree in economics and worked in the banking industry for 171/2 years.

Trickle down is a bullshit reagan lie! I suspect you can't answer the questions because you don't know. I know the answer.

IF, as you contend, that corporations don't pay taxes, they instead pass them on to their customers, then why, after their massive TAX CUTS didn't they pass that on to their customers in the form of lowering prices? Trumpy and the repulsives said, no lied, that the TAX CUTS would result in higher wages for the average workers. It didn't happen. Why? Corporate profits were at an all time high before their TAX CUT and corporations as a whole were awash in cash. So why weren't prices falling and wages rising? You don't have a clue, do you?

Maybe you should take a course in history. Raygun's steep corporate TAX CUT in 1986 did not result in higher wages for the average worker. Trickle down, expecting greedy corporations to pass TAX CUTS down to increasing worker wages and price cuts is illogical. The real reason worker wages have been stagnant over the last 40 years is because economic leverage and bargaining power that workers once had but which have been redistributed from workers to capital owners and corporate managers.

Think about it, do some HISTORICAL research into actual results of when and why wages stopped rising, and stop listening to corporate puppet politicians LIE about trickle down.

Real world economics is as much about human nature as it is theory bullshit.

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