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christigoth
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Comments by "christigoth" (@christigoth) on "‘Social Security Is Running Out Of Money’: Brendan Boyle Sounds The Alarm On The Proposed GOP Budget" video.
they do pay, up to 400,000 is taxed. but nothing over that ! i know, it's really economic injustice. they want to raise that cap . Best idea. And add a few other good ideas like, reduce what it pays out to those already rich. They do NOT need it at all.
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Rep brendan boyle's amendment would be a good start . these people are selfish idiots to vote No ! Congress won't have to pay or receive SS, they have super benefits instead. NOT FAIR. this vote only helps the richest. Take names people ! the vote was recorded, we can see on the Congressional Record, who voted to NOT raise the FICA cap on t he rich, in order to help fund SS. they are talking about benefit cuts and raising the age of retirement instead ! this is Rich vs Poor ! and guess who many of the Reps are favoring? THE RICH. at the expense of the poor retirees and workers !
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reall y ignorant comment. you clearly don't watch Congress in committee much.
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or in the country illegally...
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lol don't be silly. Rich employees do pay tax but just not on the part above 400,000. And they pay capital gains tax when they sell a Real Estate investment house for profit.
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oh so widows should die on the street. . i see where you're at. NOPE. she gets what he would have gotten, had he lived long enough.
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that is an investment, and they get the interest on that debt paid into the fund. What did you think they did? they invested it so it would increase. T bills are pretty solid. They pay it back as it comes due.
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yes. 70 just means you get the biggest check if you wait til then. the less you wait, starting about age 62- the less you get per month.
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they don't get that from SS, but sure they do get it from the government !
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they do not take it they borrow it, that means the SS fund buys T bills, and gets the interest as well as gets the principal back at maturity of the bills.
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prove it.
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lol this isn't in the constitution. it's just laws passed by congress , but it is authorized under " provide for the common welfare " clause.
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he is smart. as well as a caring person unlike some others in there. and it was a good amendment, for a start on fixing the problem.
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idk, did you put it in a bank?
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no, it's been 70 for max retirement for a long time. It just means you get a little more paid to you if you wait til 70.
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thank you! good info. We need to roll that back for foreigners !
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LOL they can go to jail if they cheat. But they don't usually do thier own books, and no it's not just CEO's. Whoever does the books would know. The bank would know. all moneys paid via banking are surveilled, over 10,000. and now, it's all cumulative transactions totaling $600. or more. IN SHORT, EVRYONE IS NOW BANK+IRS SURVEILLED.
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they voted no... so go to Federal Register and see who voted no, and take names. Vote them out.
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they are only borrowing it in order for it to make interest as a growth method. it is making money off them borrowing it. they are investing it in T bills etc. for the interest payment into the fund. plus principal goes back in. Just like anyone buying T bills to get the interest and principal back.
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can you prove that ?
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yes they should cut the payout to the rich retirees, to some extent. but also raise thier FICA cap above 400,000. they pay nothing in , on the amount over 400,000. i say raise it to at least 500,000 cap, or more.
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prove it.
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then thier minor children , disabled adult kids, and widows get the survivor benefits.
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it's already optional to wait til 70, if you do that you get more money. you can start at 62 or 63, but you get less money if you start early.
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getting one tiny pinch of money off of people making 1,000,000 a year will not hurt them one bit. but 1% more on someone making 12,000, they will feel it.
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we didn't get a roll call vote but should have ! however go to the Congressional Record to see how each one on the committee voted. It is online.
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they do pay it back. they borrow via SS buying T bills, so the fund gets back the interest every quarter and the principal at maturity.
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