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Old Today, 07:19 AM
 
3,922 posts, read 773,037 times
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Quote:
Originally Posted by Buckeye77 View Post
Government employee pensions at all levels are the real budget killers - make them go away and put them into social security like the rest of us. any so called double dippers can be shot at sunrise. Problem solved.
Absolutely! Government retirees are living the high life. Many of them "retire" and then right back to the same job as a contractor - at a rate 2x their previous annual salary. So a person earning $100,000 retires at $70,000, and then earns $200,000 as a contractor. Total income for the same work: $270,000.

Or, more commonly, they take their retirement "salary" at $70,000 and then go back to their role as a contractor just 2 days a week for $80000. They have just increased their income from $100,000 for FT government work to $150,000 for 2 days a week.

I know because they've been at the pool all summer - laughing about it.
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Old Today, 07:20 AM
 
Location: Nescopeck, Penna. (birthplace)
12,423 posts, read 7,609,999 times
Reputation: 16057
There is no "crisis" or problem, and if one arises, it should fall squarely upon the backs of those who cause it -- not "Wall Street", but Madison Avenue and the suckers lured by an "easy credit" lifestyle. Don't tax the incomes of those who work, plan, save and invest -- and don't cut the benefits of those who already have; tax unnecessary consumption -- all the electronic playthings and other foibles of those seduced too easily by Hollywood and the mass media.

Last edited by 2nd trick op; Today at 08:07 AM..
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Old Today, 07:20 AM
 
46,517 posts, read 18,414,017 times
Reputation: 19373
Quote:
Originally Posted by chopchop0 View Post

This speaks for itself.



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Old Today, 07:23 AM
 
11,203 posts, read 11,044,094 times
Reputation: 5499
Quote:
Originally Posted by WaldoKitty View Post
This speaks for itself.



Deflecting away from the Republican agenda to cut Medicare and ss. Quite trumpian of you
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Old Today, 07:36 AM
 
46,517 posts, read 18,414,017 times
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Quote:
Originally Posted by chopchop0 View Post
Deflecting away from the Republican agenda to cut Medicare and ss. Quite trumpian of you
Wait, your first said it was Trump's agenda. Now having been proved wrong on that, you now say Republican agenda. What Republicans?



Told you so.
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Old Today, 07:37 AM
 
3,922 posts, read 773,037 times
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OK, here's p my proposal to solve the SS/Medicare problems:

1) Increase (partial roll-back) federal income tax by one percentage point for individuals earning more than $100,000. (You affluent liberals OK with that?)

2) Remove the earnings cap on SS. (Again, you OK with that, affluent liberals?)

3) Raise the FRA by 6 months across the board.

4) Freeze all salaries for the GS4 - GS13 crowd. These middle pay grades already pay more than the average in the private sector (for the same or similar jobs). It's only when you get to the very top, like GS-15 or SES, that gov workers are underpaid.

5) Raise the Medicare premium by 20% for retirees with incomes, exclusive of SS, of more than $150,000.

6) Institute a "pitch in" tax of 50% for all money illegals send back to their home countries. Divide the proceeds - half go to the school districts in which they live, and the other half goes to the federal government to shore up Medicare.

7) No working age adult gets Medicaid free, completely. There needs to be a $25 minimum monthly premium, and this should go to offset Medicare. (Exceptions made for those over 65 on Medicaid.)
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Old Today, 07:41 AM
 
11,203 posts, read 11,044,094 times
Reputation: 5499
Quote:
Originally Posted by WaldoKitty View Post
Wait, your first said it was Trump's agenda. Now having been proved wrong on that, you now say Republican agenda. What Republicans?



Told you so.
Considering how often you lie on this forum, if you think I've been proven wrong, I'll take that as being correct.


McConnell, Ryan etc. Have been talking about it for years.

https://www.latimes.com/business/hil...019-story.html

https://www.vanityfair.com/news/2017...-ryan-medicaid
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Old Today, 08:01 AM
 
46 posts, read 4,674 times
Reputation: 86
This nonsense again from the Left?
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Old Today, 08:03 AM
 
Location: Barrington
46,883 posts, read 34,485,375 times
Reputation: 15571
Quote:
Originally Posted by nurider2002 View Post
Considering that the vast majority of retirees depend on social security as their primary income source, any cuts to benefits would result in millions of people becoming destitute. Social Security could easily be made solvent with changes to taxes, and barring the government to dipping into the fund for other expenditures. Trump however is intent on sky rocketing the national debt to rationalize the need to cut social security and Medicare.
25% depend on SS as their only source of income.

50% depend on SS for 50% of their income.

17% of the US population is 65 or older. Not likely Congress is going to touch the benefits of retirees or near retirees.

https://www.statista.com/statistics/...us-population/

More likely the eligibility age could gradually increase over time, the cap on payroll taxable income could increase and/ or the tax rate increase, no diff than what happened during the Reagan Admin.

By law, surpluses must be invested in special issue, non marketable, government securities, creating funding for the Federal Government.
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Old Today, 08:06 AM
 
11,203 posts, read 11,044,094 times
Reputation: 5499
Quote:
Originally Posted by delunsa View Post
This nonsense again from the Left?
The only nonsense is coming from right wingers who won't accept what their party leaders are actually saying
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