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04-09-2017, 07:24 PM
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Quote:
Originally Posted by sheltiedave
No, ZeroJunk, SSI was completely and totally paid for by workers. The initial startup was a forward paying Ponzi scheme, but by the end of WWII it was totally solvent.
Medicare, although an entitlement, is a wise use of tax moneys.
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There you go bringing facts into a conversation, Dave.
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04-10-2017, 09:22 AM
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Quote:
Originally Posted by sheltiedave
No, ZeroJunk, SSI was completely and totally paid for by workers. The initial startup was a forward paying Ponzi scheme, but by the end of WWII it was totally solvent.
Medicare, although an entitlement, is a wise use of tax moneys.
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We might want to define our terms here.
SSI - Supplemental Security Income: is a government program that provides funds to low-income people who are either aged 65 or older, blind, or disabled. While the program is administered through the Social Security Administration, SSI is funded thought general treasury funds, not the Social Security trust fund. I don't think this is the program you're referring to above, since SSI originated under Nixon. Also, since the program as paid for out of the "general fund", all tax payers fund it.
Then you have SSDI - Social Security Disability Insurance, which is payroll tax funded. However, the payroll tax is paid jointly by employers and employees as part of the FICA/Medicare tax. Both employers and employees (7.65% on the first $127,200 of annual wages, and 1.45% on any additional earnings - not counting the ACA surcharge). Since you state above that the program is "SSI was completely and totally paid for by workers", I suspect this isn't what you're referring to either.
If you're referring broadly to Social Security Income, that tax is also shared by employers and employees as shown above.
EDIT: here's a table that shows the historical ER and EE tax rates: https://www.ssa.gov/policy/docs/stat...html#table2.a3
So, which program are you referring to?
Last edited by whell; 04-10-2017 at 10:04 AM.
Reason: spelling, added link
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04-10-2017, 12:00 PM
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Senior Member
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Wow, you are so smart! Too bad you can't figure out history, travel back to 1983, and review the last time the shit hit the fan. Benefits were redefined, schedules were redefined, some tax schedules were changed, and bang! Another 50 years of funded SS was saved.
Low and behold, now it is almost 2033, and we need to make another forecasted change, except now the Repubes have gleaned on to the new political movement that retirees and old folks just need to curl up and die.
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04-10-2017, 12:43 PM
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Banned
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,135
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Quote:
Originally Posted by sheltiedave
Wow, you are so smart! Too bad you can't figure out history, travel back to 1983, and review the last time the shit hit the fan. Benefits were redefined, schedules were redefined, some tax schedules were changed, and bang! Another 50 years of funded SS was saved.
Low and behold, now it is almost 2033, and we need to make another forecasted change, except now the Repubes have gleaned on to the new political movement that retirees and old folks just need to curl up and die.
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Oh, I see. Ask a simple clarifying question, and Dave has a hissy fit. Cool.
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04-10-2017, 12:49 PM
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Join Date: Dec 2011
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Take a Dramamine, Mike. You're spinning again.
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04-10-2017, 04:59 PM
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Senior Member
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Location: Sierras
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Quote:
Originally Posted by whell
Oh, I see. Ask a simple clarifying question, and Dave has a hissy fit. Cool. 
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Come Mike, you know that you have an agenda that is quite transparent!
I have one too, wish to see Trump and the GOP suffer due to their inability to govern and expose the deep seeded hypocrisy; healthcare and taxes specifically.
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The issue today is the same as it has been throughout all history, whether man shall be allowed to govern himself or be ruled by a small elite. Thomas Jefferson
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04-10-2017, 05:07 PM
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Banned
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Nope. I really was just trying to ask a clarifying question.
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04-10-2017, 07:33 PM
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Join Date: Mar 2014
Location: NE Bamastan
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How about a single payer full participation not-for-profit sustainable basic health care system? Folks can stack all the open market stuff on their care they want.
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I'll believe corporations are people when Texas executes one.
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04-11-2017, 06:10 AM
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Resident octogenarian
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Join Date: May 2009
Location: Maryland
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Quote:
Originally Posted by nailer
Biologically speaking, figuratively, female preceded male which means women came first. 
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True but referring to the Biblical myth of Adam and Eve have you ever noticed that in all the paintings of them they both have navels?
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Great minds discuss ideas; Average minds discuss events; Small minds discuss people.
Eleanor Roosevelt
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04-11-2017, 06:15 AM
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Join Date: May 2009
Location: Maryland
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Quote:
Originally Posted by whell
Former CBO Director: It's A Good Start
https://www.washingtonpost.com/opini...=.75cf42cd7637
The ACA dictated insurance choices to individuals and families with its bronze, silver, gold and other levels. It required that they shop in government-run exchanges to get subsidies, and it levied a fee on those who were uninsured. The AHCA places trust in the decisions of individuals and families by making greater use of health savings accounts (which hone the market incentives for higher-value care) and respecting their ability to follow incentives to be continuously insured. Its refundable tax credit will be available to all low- to moderate-income individuals and will tend to equalize the tax treatment of employer and individual insurance.
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Mike my Medicare extension is with Care First BCBS, no one forced me to change and get some other plan. I might possibly qualify for a subsidy but fukit I can support myself
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Great minds discuss ideas; Average minds discuss events; Small minds discuss people.
Eleanor Roosevelt
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