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Anonymous
Anonymous asked in Politics & GovernmentPolitics · 9 years ago

Will scial security payments need to be increased to deal with the unemployed who cannot pay in?

I think we should end payments of social security to the rich making over $75,000 per year. They have 401ks and pensions to carry them. Only the exceptions would change this. How are we going to take care of the aging if the GOP holds the house??? They know that Obama will keep their interests close by borrowing more to take care of those that are helpless.

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  • 9 years ago

    Then we should ask why Obama is pushing the extension of the so called "payroll tax cut".

    Both Republicans and Democrats refer to the expiring cuts as a payroll tax cut.

    That is pure deception.

    The cuts are a reduction in the amount of personal contributions to the Social Security Fund.

    This means that there will be less money in each workers personal SS account when they reach retirement age. The reality is that the government is only letting you keep more of your own money now, and you will not be getting it later.

    Funny how Americans are falling for this sham.

  • 9 years ago

    How about ending payments for those who never paid into the system?

    BTW. $75,000 yearly income is far from rich. Are the liberals lowering the "rich class" level again? First it was $250,000, then $106,00, now you say it is $75,000. How long before you blathering idiots claim anybody earning over minimum wage are to be considered as rich?

  • 9 years ago

    If not that, how about the nearly $100 Billion a year we are Depriving the Fund each year with the Payroll Tax Holiday?

    Does anyone understand how much that will cost in 20 or 30 years?

    All for $40 in our pocket now?

    Why doesn't any Media Source do a story on the REAL COST of this "Holiday?"

  • 9 years ago

    Going to have to cut payments to everyone, since 0bama and the dems have decided to cut funding the system by giving people a "tax" cut from the only source that funds the system. And I thought the dems were FOR social security and other systems, while all they are doing is speeding up the bankruptcy.

    But, I guess it will get him some votes, and that is all that matters to him and the dems.

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  • Don M
    Lv 7
    9 years ago

    Everyone who has been forced to pay into Social Security all his life is entitled to reap the benefits.

    Apparently you're not aware that Obama is cutting revenue for social security with his payroll tax cut.

    For forty years Republicans have been falsely accused of wanting to cut Social Security. Now Obama is actually doing it. I guess he wants to shove old people out onto the street...

  • Mr. K
    Lv 5
    9 years ago

    So because I have (and will continue to) put 20% of my paycheck into my 401k & Personal investments I'm the evil rich bad guy? Your penalty for my devilish crime of saving is to steal every penny I involuntarily invested into SS to pay for those who didn't save a penny?

    What does a man like me have to do to repay his debt to your liberal society? I already work 60 hours a week, to give the tax man a third of every paycheck, plus Social Security, plus 101 other federal, state, county, and city taxes.

  • 9 years ago

    Great. I'm 50 and I make over $75,000 a year. And, I've been paying INTO the SS system for 30 years. So, you're just going to TAKE my money and screw me out of benefits?

  • 9 years ago

    You can't keep SS away from somebody who has paid into it their entire lives, just because they are successful. Anyway, every two dollars you make over about 40k a year reduces your SS for that year by one dollar. It's just wrong to penalize people who have diligently saved and have 401k's.

  • 9 years ago

    Responsible leadership creates jobs, makes good decisions regarding spending, does not borrow money and cause a debt of Trillions of Dollars, or initiate policies that rob Americans of the opportunity to succeed. Nice try though.

  • Anonymous
    9 years ago

    NO, if a person pays into SSI they should be able to reap the rewards no matter how much money they retire with. However people who make more should pay a larger share into it and the maximum amount of benefits should remain the same.

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