View Poll Results: Your Identity and For/Against this SS Reform model

Voters
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  • Socialist and Against

    10 10.99%
  • Socialist and For

    1 1.10%
  • Democrat and Against

    21 23.08%
  • Democrat and For

    6 6.59%
  • Republican and Against

    2 2.20%
  • Republican and For

    22 24.18%
  • Libertarian and Against

    9 9.89%
  • Liberarian and For

    9 9.89%
  • I am for it, but with a particular modification (explain)

    11 12.09%
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Thread: Social Security Fix

  1. #61
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    Re: Social Security Fix

    Quote Originally Posted by Mickey Shane View Post
    Then it's pretty obvious that your plan would not work.
    how is that?

  2. #62
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    Re: Social Security Fix

    Quote Originally Posted by haymarket View Post
    All you have to do is three things

    1- pop the current $106K cap on taxing income for FICA
    2- freeze benefits at the current level plus inflation
    3- have serious penalties for those who attempt to cheat their way out of their legal FICA obligation so that very few would risk it

    Problem solved for at least the next seven decades.
    and my plan easily includes those things; specifically the first.

    but, given the option, why would you choose to leave workers with a smaller income to retire on when financial independence is potentially within their grasp?

  3. #63
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    Re: Social Security Fix

    Quote Originally Posted by haymarket View Post
    All you have to do is three things

    1- pop the current $106K cap on taxing income for FICA
    2- freeze benefits at the current level plus inflation
    3- have serious penalties for those who attempt to cheat their way out of their legal FICA obligation so that very few would risk it

    Problem solved for at least the next seven decades.
    Perhaps, if you also raise the retirement age, and if we spend SS money only for SS, not on the day to day operation of government.
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

  4. #64
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    Re: Social Security Fix

    well sure, no problem. i mean, that's just a matter of self-discipline and ignoring a potential slush fund. ought to be easy-peasy.

  5. #65
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    Re: Social Security Fix

    Don't want it there at all.
    I could be so much more productive with the SS funds, its not even funny.
    Give a man a fish, or he will destroy the only existing vial of antidote.

  6. #66
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    Re: Social Security Fix

    Quote Originally Posted by iamitter View Post
    Don't want it there at all.
    I could be so much more productive with the SS funds, its not even funny.
    true; but politically a full repeal isn't viable; so what is better (because it is possible) is something that gives you the benefit of private investment, but retains the compulsion that makes it a safety net.

  7. #67
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    Re: Social Security Fix

    Quote Originally Posted by cpwill View Post
    and my plan easily includes those things; specifically the first.

    but, given the option, why would you choose to leave workers with a smaller income to retire on when financial independence is potentially within their grasp?
    I gave you a LIKE here because you agreed with me.
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  8. #68
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    Re: Social Security Fix

    Quote Originally Posted by cpwill View Post
    true; but politically a full repeal isn't viable; so what is better (because it is possible) is something that gives you the benefit of private investment, but retains the compulsion that makes it a safety net.
    I already give tons of money to charities. Popping the cap or reducing benefits for anyone makes SS essentially welfare and not insurance or retirement planning like its supposed to be.

    Also, a 5% average return is huge. I'd prefer to manage as much of the funds myself as possible in your scenario, or at least given a choice as to what company I would want managing that money.
    Give a man a fish, or he will destroy the only existing vial of antidote.

  9. #69
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    Re: Social Security Fix

    Quote Originally Posted by haymarket View Post
    I gave you a LIKE here because you agreed with me.
    i'm willing to compromise with you to make the system better. I still don't understand why you are against allowing the working poor to build wealth.

    but thank you.

  10. #70
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    Re: Social Security Fix

    Quote Originally Posted by cpwill View Post
    i'm willing to compromise with you to make the system better. I still don't understand why you are against allowing the working poor to build wealth.

    but thank you.
    I am very happy to let the poor build wealth. Very happy for that to happen.
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