Social Security

[BlueStreak]

Originally Posted by Tom Joad

The second part of that wouldn't be necessary.

What a lot of people don't know is that the formula for calculating your benefit is very progressive and favors low income people. That's why the Republicans hate it. Low income people already get a much better deal out of Social Security than the more affluent. I would remove the cap, and just tweak the formula a little to make it even more progressive. There is already a maximum that one person can draw. It's $2642 a month. I'd leave that there. So even if you've paid in a billion bucks over your lifetime, you'll only get $2642 a month. That will make it so the rich can't say they don't get anything from it. They can use that $2642 to pay their manicurist.

And one more thing.

Why is it that only wags and salaries are taxed?

Why not apply it to all income?

Fuck these hedge fund managers.

Thanks for clearing that up. Only the bloodsuckers shouldn't even get the $2642. They shouldn't get jack shit, but a bill.

Dave

[Tom Joad]

Originally Posted by nailer

Only a greedy person would vote against this.

As long as there are at least 41 Republicans in the Senate, this will never get to the point of being voted on. Even 60 Dems in the Senate wouldn't be enough to get retrogressive legislation like this through. We saw that with the ACA.

I'd say it would take 70 Dems in the Senate and 300 in the house to get a bill like this to the Presidents desk.

[Tom Joad]

Originally Posted by BlueStreak

Thanks for clearing that up. Only the bloodsuckers shouldn't even get the $2642. They shouldn't get jack shit, but a bill.

Dave

I agree, but means testing is just a way to erode popular support.

If we start to means test Social Security it will become a target like Medicaid and food stamps. Name me one program that is means tested that doesn't end up sucking hind tit.