Go Back   Great Lakes 4x4. The largest offroad forum in the Midwest > General 4x4 Stuff > Politics, Government, or Religion Chat
GL4x4 Live! GL4x4 Casino

Politics, Government, or Religion Chat Bring your flamesuit!







Search
Reply
 
Thread Tools
Old May 12th, 2009, 07:41 PM   #1
ScOoTeR
hoo dat. wat.
 
ScOoTeR's Avatar
 
Join Date: 11-09-05
Location: Howell
Posts: 21,394
iTrader: (35)
Mentioned: 6 Post(s)
Default Another reason we could use a revolution.

http://news.yahoo.com/s/ap/20090513/...ocial_security

Ever wonder why social security and medicare is broken? Maybe because none of the politicians that exploit and/or neglect it need to rely on it for retirement.
__________________
@clarkstoncracker
ScOoTeR is offline   Reply With Quote
Old May 12th, 2009, 10:19 PM   #2
Mr Toes - R.I.P.
November 7, 1958 - July 22, 2011
 
Mr Toes - R.I.P.'s Avatar
 
Join Date: 07-29-07
Location: Belleville Mi
Posts: 4,727
iTrader: (1)
Mentioned: 0 Post(s)
Default

Figure this one out..

My mother goes to the drug store to get a perscription filled.
She has a co pay on meds, so they tell her if they run through the insurance its a co pay of 57 dollars.....

But if she just pays for it direct its 14.75

It costs her more to have the insurance company pick up part of the costs....
Mr Toes - R.I.P. is offline   Reply With Quote
Old May 12th, 2009, 10:20 PM   #3
Aceshighxxx
Senior Member
 
Join Date: 03-31-08
Location: Kalamazoo, MI
Posts: 115
iTrader: (0)
Mentioned: 0 Post(s)
Default

raise the ceiling on FICA pay-ins; tax capital gains for FICA (including professional partnership distributions, which now get to avoid both FICA pay-ins and higher federal taxes) bam, fixed.
Aceshighxxx is offline   Reply With Quote
Old May 12th, 2009, 10:22 PM   #4
XXXJ
Desert Rat
 
XXXJ's Avatar
 
Join Date: 03-09-07
Location: Memphis, Mi
Posts: 5,559
iTrader: (12)
Mentioned: 2 Post(s)
Default

Quote:
Originally Posted by ScOoTeR View Post
http://news.yahoo.com/s/ap/20090513/...ocial_security

Ever wonder why social security and medicare is broken? Maybe because none of the politicians that exploit and/or neglect it need to rely on it for retirement.
truth.
__________________
If I didn't think with my penis, I wouldn't think at all

I hope I am not a racist, I mean I drive fast, But I am not specialized at it.
XXXJ is offline   Reply With Quote
Old May 12th, 2009, 11:15 PM   #5
Stan
I got a gold chain
 
Stan's Avatar
 
Join Date: 11-04-05
Location: Shelby Twp.
Posts: 15,655
iTrader: (7)
Mentioned: 14 Post(s)
Default

Quote:
Originally Posted by Aceshighxxx View Post
raise the ceiling on FICA pay-ins; tax capital gains for FICA (including professional partnership distributions, which now get to avoid both FICA pay-ins and higher federal taxes) bam, fixed.
Stan is offline   Reply With Quote
Old May 12th, 2009, 11:21 PM   #6
brewmenn
Grumpy old man.
 
brewmenn's Avatar
 
Join Date: 11-05-05
Location: Inkster, MI
Posts: 10,376
iTrader: (9)
Mentioned: 1 Post(s)
Default

Quote:
Originally Posted by Aceshighxxx View Post
raise the ceiling on FICA pay-ins; tax capital gains for FICA (including professional partnership distributions, which now get to avoid both FICA pay-ins and higher federal taxes) bam, fixed.
Yeah, lets make the rich pay for our retirement.
brewmenn is offline   Reply With Quote
Old May 13th, 2009, 04:19 AM   #7
whiterhino
I'm not old, honest...
 
whiterhino's Avatar
 
Join Date: 03-07-06
Location: Davisburg MI
Posts: 20,678
iTrader: (21)
Mentioned: 8 Post(s)
Default

Quote:
Originally Posted by Aceshighxxx View Post
raise the ceiling on FICA pay-ins; tax capital gains for FICA (including professional partnership distributions, which now get to avoid both FICA pay-ins and higher federal taxes) bam, fixed.
Ummmmmmmmm................... NO.
whiterhino is offline   Reply With Quote
Old May 13th, 2009, 09:48 AM   #8
ScOoTeR
hoo dat. wat.
 
ScOoTeR's Avatar
 
Join Date: 11-09-05
Location: Howell
Posts: 21,394
iTrader: (35)
Mentioned: 6 Post(s)
Default

Quote:
Originally Posted by Aceshighxxx View Post
raise the ceiling on FICA pay-ins; tax capital gains for FICA (including professional partnership distributions, which now get to avoid both FICA pay-ins and higher federal taxes) bam, fixed.
Not fixed, not in a long shot. How many people that clear $100k / year do you think will rely on medicare and social security? I do not make that much with my base salary, and I don't plan on using it; "wealthy" people will take care of themselves. So, I get "penalized" the most because I pay close to the limit, and will never see any back - as many other people will do. Social security is NOT a right - it is to cover people who cannot help themselves as they age (actually, not age dependent for benefits depending on what ails you) and to help provide security against (your) possible financial ruin in your golden years.

So why would I worry about SS if I"m never going to use it? Because I have considerable IRA/401K savings that the government could decide to redistribute to cover their ass when social security fails - the obama administration has already mentioned this before. So, I bust my ass, save for my retirement - only to have it redistributed to the masses by our government.

While alleviating some of the monetary shortfall, WHY do we continually follow the trend of punishing people for their success in this country? The "fix" as you call it, is to restructure both programs to take care of themselves and get politicians and special interest groups out of the fray. We have far more people taking advantage of the programs than have ever paid in, however, the load could be handled if treated like a business and not exploited.
__________________
@clarkstoncracker
ScOoTeR is offline   Reply With Quote
Old May 13th, 2009, 10:43 AM   #9
clint357
Web Wheeler Extraordinair
 
clint357's Avatar
 
Join Date: 03-13-07
Location: grand rapids
Posts: 2,278
iTrader: (4)
Mentioned: 0 Post(s)
Default

Any kind of insurance you pay for, or retirement you invest in is a way of "spreading the wealth". Less of both of those and people will get what they deserve.
clint357 is offline   Reply With Quote
Old May 13th, 2009, 10:44 AM   #10
Chiefwoohaw
Pokerob is my B*tch!
 
Chiefwoohaw's Avatar
 
Join Date: 11-06-05
Location: Cincinnati, OH
Posts: 11,505
iTrader: (7)
Mentioned: 0 Post(s)
Default

Quote:
Originally Posted by ScOoTeR View Post
Not fixed, not in a long shot. How many people that clear $100k / year do you think will rely on medicare and social security? I do not make that much with my base salary, and I don't plan on using it; "wealthy" people will take care of themselves. So, I get "penalized" the most because I pay close to the limit, and will never see any back - as many other people will do. Social security is NOT a right - it is to cover people who cannot help themselves as they age (actually, not age dependent for benefits depending on what ails you) and to help provide security against (your) possible financial ruin in your golden years.

So why would I worry about SS if I"m never going to use it? Because I have considerable IRA/401K savings that the government could decide to redistribute to cover their ass when social security fails - the obama administration has already mentioned this before. So, I bust my ass, save for my retirement - only to have it redistributed to the masses by our government.

While alleviating some of the monetary shortfall, WHY do we continually follow the trend of punishing people for their success in this country? The "fix" as you call it, is to restructure both programs to take care of themselves and get politicians and special interest groups out of the fray. We have far more people taking advantage of the programs than have ever paid in, however, the load could be handled if treated like a business and not exploited.
ahhhahhhhhh, all the sense you make hurts me brain!!
Chiefwoohaw is offline   Reply With Quote
Old May 13th, 2009, 11:54 AM   #11
Aceshighxxx
Senior Member
 
Join Date: 03-31-08
Location: Kalamazoo, MI
Posts: 115
iTrader: (0)
Mentioned: 0 Post(s)
Default

Quote:
Originally Posted by ScOoTeR View Post
Not fixed, not in a long shot. How many people that clear $100k / year do you think will rely on medicare and social security? I do not make that much with my base salary, and I don't plan on using it; "wealthy" people will take care of themselves. So, I get "penalized" the most because I pay close to the limit, and will never see any back - as many other people will do. Social security is NOT a right - it is to cover people who cannot help themselves as they age (actually, not age dependent for benefits depending on what ails you) and to help provide security against (your) possible financial ruin in your golden years.

So why would I worry about SS if I"m never going to use it? Because I have considerable IRA/401K savings that the government could decide to redistribute to cover their ass when social security fails - the obama administration has already mentioned this before. So, I bust my ass, save for my retirement - only to have it redistributed to the masses by our government.

While alleviating some of the monetary shortfall, WHY do we continually follow the trend of punishing people for their success in this country? The "fix" as you call it, is to restructure both programs to take care of themselves and get politicians and special interest groups out of the fray. We have far more people taking advantage of the programs than have ever paid in, however, the load could be handled if treated like a business and not exploited.
I don't buy it. Did you know that many people pay taxes for things that they themselves see no direct benefit from? Here are some examples from my life: child tax credits, TARP, wars, about a million other things. I'd feel a lot better if some of the millionaire bosses had to pay FICA taxes on their investment earnings. Punishing the best and the brightest my ass.
Aceshighxxx is offline   Reply With Quote
Old May 13th, 2009, 11:57 AM   #12
Aceshighxxx
Senior Member
 
Join Date: 03-31-08
Location: Kalamazoo, MI
Posts: 115
iTrader: (0)
Mentioned: 0 Post(s)
Default

Quote:
Originally Posted by brewmenn View Post
Yeah, lets make the rich pay for our retirement.
If you are planning on using social security as your primary means of retirement, then yes.
Aceshighxxx is offline   Reply With Quote
Old May 13th, 2009, 12:26 PM   #13
L4CX
Out for the Summer!
 
L4CX's Avatar
 
Join Date: 11-16-07
Location: Hillsdale, MI
Posts: 4,913
iTrader: (5)
Mentioned: 0 Post(s)
Default

Quote:
Originally Posted by ScOoTeR View Post
Not fixed, not in a long shot. How many people that clear $100k / year do you think will rely on medicare and social security? I do not make that much with my base salary, and I don't plan on using it; "wealthy" people will take care of themselves. So, I get "penalized" the most because I pay close to the limit, and will never see any back - as many other people will do. Social security is NOT a right - it is to cover people who cannot help themselves as they age (actually, not age dependent for benefits depending on what ails you) and to help provide security against (your) possible financial ruin in your golden years.

So why would I worry about SS if I"m never going to use it? Because I have considerable IRA/401K savings that the government could decide to redistribute to cover their ass when social security fails - the obama administration has already mentioned this before. So, I bust my ass, save for my retirement - only to have it redistributed to the masses by our government.

While alleviating some of the monetary shortfall, WHY do we continually follow the trend of punishing people for their success in this country? The "fix" as you call it, is to restructure both programs to take care of themselves and get politicians and special interest groups out of the fray. We have far more people taking advantage of the programs than have ever paid in, however, the load could be handled if treated like a business and not exploited.
They can do that? That sucks. What if I have a 403B? That doesn't even seem right that they can take stuff out when it's your money that's been invested in it. Are they gonna force us to give up our cars and houses so that the people who can't take care of themselves get those things too?
L4CX is offline   Reply With Quote
Old May 13th, 2009, 01:58 PM   #14
ScOoTeR
hoo dat. wat.
 
ScOoTeR's Avatar
 
Join Date: 11-09-05
Location: Howell
Posts: 21,394
iTrader: (35)
Mentioned: 6 Post(s)
Default

Quote:
Originally Posted by clint357 View Post
Any kind of insurance you pay for, or retirement you invest in is a way of "spreading the wealth". Less of both of those and people will get what they deserve.
English, Motherfucker, Do you speak it?
__________________
@clarkstoncracker
ScOoTeR is offline   Reply With Quote
Old May 13th, 2009, 02:18 PM   #15
ScOoTeR
hoo dat. wat.
 
ScOoTeR's Avatar
 
Join Date: 11-09-05
Location: Howell
Posts: 21,394
iTrader: (35)
Mentioned: 6 Post(s)
Default

Quote:
Originally Posted by Aceshighxxx View Post
Punishing the best and the brightest my ass.
Success in America is, unfortunately, measured by wealth. We have a sliding tax scale to charge more taxes on those who make more money.

Simple. I said nothing of best and brightest, or of your ass. We are punished for our success in America. I could've continued to make $20k - $30k / year working on an assembly like building manufactured homes and been taxed in a lower bracket. I chose to work my way through college, get a degree and become a professional in the field of engineering. The work I do now is valued more than the trailers I built and I make a lot more money. Accordingly, I pay a lot more taxes. In fact, I pay more in taxes now than I earned in a year in that trailer factory.

Plain and simple, the only thing that has changed is my wage. I am the same person that earned $20k/year 22 years ago, but I have a different skillset that lets me work in an office and use my head instead of my back. I am entirely punished (by the way of a higher tax bracket) for my success.

Your problem is that you suffer from a sense of entitlement, whether you know it or not. How else can you explain that it is okay to tax the wealthy above an income cap, other than that you think they have money and you know better than they what it should be spent on? You may be successful and plan to pay for your own retirement, and are just worried about the consequences (as I am), and you see the wealthy as an easy and obvious(to you) choice.

The solution to the problem is not to add revenue at the expense of exempt people, it is to fix the broken systems; those systems will never be fixed as long as our legislators do not rely upon them for their livelihood after they retire.

Quote:
Originally Posted by Aceshighxxx
I'd feel a lot better if some of the millionaire bosses had to pay FICA taxes on their investment earnings.
Why? They paid FICA taxes up to about $100k of their income, just like the rest of us are required to do. You would feel better? Since when is it okay to take from people that have more than you? That's what you're eluding to, you know; "wealthy people need to pay more, purely because they have more money than I do".

* You want to charge them more tax because of their wealth.

* In America, wealth = success.

* Reducing said wealth via taxes, only because of said wealth = punishment.

therefor, in America, we are punished for our success.


These are facts, and irrefutable, though you will try.
__________________
@clarkstoncracker
ScOoTeR is offline   Reply With Quote
Old May 13th, 2009, 02:21 PM   #16
ScOoTeR
hoo dat. wat.
 
ScOoTeR's Avatar
 
Join Date: 11-09-05
Location: Howell
Posts: 21,394
iTrader: (35)
Mentioned: 6 Post(s)
Default

Quote:
Originally Posted by L4CX View Post
They can do that? That sucks. What if I have a 403B? That doesn't even seem right that they can take stuff out when it's your money that's been invested in it. Are they gonna force us to give up our cars and houses so that the people who can't take care of themselves get those things too?
I'm sorry to say that, given enough votes, it could become a reality - and since many of the voters are using those funds to "borrow" from and might have been some of the root cause of the potential social security failure - you can guess on how they would vote.

We gave them this kind of power, and it is growing.
__________________
@clarkstoncracker
ScOoTeR is offline   Reply With Quote
Old May 13th, 2009, 02:22 PM   #17
ScOoTeR
hoo dat. wat.
 
ScOoTeR's Avatar
 
Join Date: 11-09-05
Location: Howell
Posts: 21,394
iTrader: (35)
Mentioned: 6 Post(s)
Default

Quote:
Originally Posted by Aceshighxxx View Post
If you are planning on using social security as your primary means of retirement, then yes.
Are you a ward of the fricking state?
__________________
@clarkstoncracker
ScOoTeR is offline   Reply With Quote
Old May 13th, 2009, 02:41 PM   #18
roll-bar Bob
Senior Member
 
roll-bar Bob's Avatar
 
Join Date: 01-20-06
Location: M CITY
Posts: 2,737
iTrader: (3)
Mentioned: 0 Post(s)
Default

I see this and think "taxes are going up"


roll-bar Bob is offline   Reply With Quote
Old May 13th, 2009, 02:54 PM   #19
Aceshighxxx
Senior Member
 
Join Date: 03-31-08
Location: Kalamazoo, MI
Posts: 115
iTrader: (0)
Mentioned: 0 Post(s)
Default

Quote:
Originally Posted by ScOoTeR View Post
The solution to the problem is not to add revenue at the expense of exempt people, it is to fix the broken systems; those systems will never be fixed as long as our legislators do not rely upon them for their livelihood after they retire.
What if the system is broken because of not taking in enough revenue? By removing the cap and means-testing you solve the problem for another generation or so.
Aceshighxxx is offline   Reply With Quote
Old May 13th, 2009, 02:59 PM   #20
curt1656
Praise the lowered
 
curt1656's Avatar
 
Join Date: 02-26-07
Location: WTFWJD?
Posts: 2,910
iTrader: (24)
Mentioned: 2 Post(s)
Default

penis
curt1656 is offline   Reply With Quote
Reply
Great Lakes 4x4. The largest offroad forum in the Midwest > General 4x4 Stuff > Politics, Government, or Religion Chat
Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump



All times are GMT -5. The time now is 12:27 AM.


Powered by: vBulletin, Copyright 2000 - 2012, Jelsoft Enterprises Ltd.
User Alert System provided by Advanced User Tagging (Lite) - vBulletin Mods & Addons Copyright © 2014 DragonByte Technologies Ltd. Runs best on HiVelocity Hosting.
Copyright 2005 - 2012 Cracker Enterprises - Powered by Linux
vB Ad Management by =RedTyger=
Page generated in 0.35762 seconds with 50 queries