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Old 07-26-2015, 10:43 AM
 
32,019 posts, read 36,767,663 times
Reputation: 13290

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Quote:
Originally Posted by eok View Post
90% of disabled people could work full time if they could get jobs. The problem is that employers don't want to hire them. What should qualify as a disability if 90% could work? Being unable to get a job? Or being unable to theoretically work if they could theoretically get a job in some alternate universe? But if being unable to get a job is the criteria, does it imply those whose disabilities make them obnoxious are the ones who qualify the most? Such as if they have a mental disability that makes them insult people a lot, even in a job interview? Or if their face is grotesquely disfigured, making it hard for the job interviewer to even look at the person? What if a person with a disfigured face could load trucks all day with 100 pound boxes and never get tired? Should being unable to get a job, because nobody will hire them, because of their face, qualify them for disability? That kind of question clarifies the real issues. How do we decide who qualifies and who doesn't, and how do we prevent fraud? Those are complicated, and most people can't even agree on them. So we have a long way to go before we come up with a workable solution to the whole problem.
A lot of these people need to go back to school and get a new degree in technology or some more modern field.
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Old 07-26-2015, 11:11 AM
 
Location: Gods country
8,104 posts, read 6,747,285 times
Reputation: 10416
It's really quite distressing to see how so many of you have been bamboozled by the 0.1%. They stop paying into SS at 118K, move jobs overseas, suppress wages, buy politicians, manipulate banking, and the stock market to their advantage and screw us a hundred ways to Sunday. While you focus on welfare cheats, union members, and people who you probably have a lot more things in common with than them. So, now you can go back to being consumed with the people that you blame for the state of the nation and who's going to win Dancing With the Stars, so the 0.1% can carry on.
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Old 07-26-2015, 11:12 AM
 
Location: Great State of Texas
86,052 posts, read 84,454,776 times
Reputation: 27720
Quote:
Originally Posted by Above Average Bear View Post
It's really quite distressing to see how so many of you have been bamboozled by the 0.1%. They stop paying into SS at 118K, move jobs overseas, suppress wages, buy politicians, manipulate banking, and the stock market to their advantage and screw us a hundred ways to Sunday. While you focus on welfare cheats, union members, and people who you probably have a lot more things in common with than them. So, now you can go back to being consumed with the people that you blame for the state of the nation and who's going to win Dancing With the Stars, so the 0.1% can carry on.
People making $118K a year don't move jobs overseas. What world do you live in ?

Software engineers working at Google, Microsoft or Apple make $120K a year.
They have no say in where jobs go.
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Old 07-26-2015, 11:17 AM
 
Location: Gods country
8,104 posts, read 6,747,285 times
Reputation: 10416
Quote:
Originally Posted by HappyTexan View Post
People making $118K a year don't move jobs overseas. What world do you live in ?

Software engineers working at Google, Microsoft or Apple make $120K a year.
They have no say in where jobs go.
Reread my post, I'm referring to the 0.1%
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Old 07-26-2015, 11:28 AM
 
Location: Great State of Texas
86,052 posts, read 84,454,776 times
Reputation: 27720
Quote:
Originally Posted by Above Average Bear View Post
Reread my post, I'm referring to the 0.1%
The majority of the 0.1% don't work for income. They don't pay any FICA.

Warren Buffet is a billionaire. His INCOME is $100K a year.
Bill Gates is a billionaire. His INCOME is $0.
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Old 07-26-2015, 11:31 AM
 
Location: Gods country
8,104 posts, read 6,747,285 times
Reputation: 10416
Quote:
Originally Posted by HappyTexan View Post
The majority of the 0.1% don't work for income. They don't pay any FICA.

Warren Buffet is a billionaire. His INCOME is $100K a year.
Bill Gates is a billionaire. His INCOME is $0.
That is exactly what I'm talking about. These guys have rigged the system so they pay no taxes and don't have to contribute to SS. Thanks for the validation.
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Old 07-26-2015, 11:41 AM
 
Location: Great State of Texas
86,052 posts, read 84,454,776 times
Reputation: 27720
Quote:
Originally Posted by Above Average Bear View Post
That is exactly what I'm talking about. These guys have rigged the system so they pay no taxes and don't have to contribute to SS. Thanks for the validation.
They haven't rigged the system. FICA is only taken from earned income.

I'm retired. I have money coming in but none of that is earned income.


That's what "going Galt" is about. You want income but not earned income that can be taxed to the hilt.

Cap gains tax is what you want; a revenue stream that is not from a paycheck. It's not just the 1% doing that. Anyone can do it if they plan right.

Depending on a paycheck to get through life is dependency.
You're a slave to both the company and the government.

SS is SUPPLEMENTAL income in addition to your own retirement savings/pension.
People today see SS as their sole means of retirement income.
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Old 07-26-2015, 11:44 AM
 
Location: Barrington
63,919 posts, read 46,717,658 times
Reputation: 20674
Quote:
Originally Posted by HappyTexan View Post
It's not just people it's also judges. Takes 3 denials and then you go in front of a judge.
You have some judges with a 99% approval rate on SSDI petitions.

And historically SSDI spikes during economic downturns with job losses.
And this time is especially bad because they changed the rules for what qualifies which added more subjective disabilities. More than 50% of claims are for mental impairments.

For some it has become long term unemployment until SS kicks in.
There are entire counties with local economies totally dependent on SSDI in Appelachia.
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Old 07-26-2015, 11:48 AM
 
14,221 posts, read 6,956,641 times
Reputation: 6059
Quote:
Originally Posted by Above Average Bear View Post
It's really quite distressing to see how so many of you have been bamboozled by the 0.1%. They stop paying into SS at 118K, move jobs overseas, suppress wages, buy politicians, manipulate banking, and the stock market to their advantage and screw us a hundred ways to Sunday. While you focus on welfare cheats, union members, and people who you probably have a lot more things in common with than them. So, now you can go back to being consumed with the people that you blame for the state of the nation and who's going to win Dancing With the Stars, so the 0.1% can carry on.
Well said, Above Average Bear.

Presidential candidate Bernie Sanders summed it up well in this Senate speech from 1992:


https://www.youtube.com/watch?v=Jcm56L3o12c

People still have the vote, and by organizing, there is no end to what can be achieved. The gains in the issues about gay marriage and minimum wage have been achieved by people organizing and standing together.
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Old 07-26-2015, 11:50 AM
 
Location: Gods country
8,104 posts, read 6,747,285 times
Reputation: 10416
Quote:
Originally Posted by HappyTexan View Post
They haven't rigged the system. FICA is only taken from earned income.

I'm retired. I have money coming in but none of that is earned income.


That's what "going Galt" is about. You want income but not earned income that can be taxed to the hilt.

Cap gains tax is what you want; a revenue stream that is not from a paycheck. It's not just the 1% doing that. Anyone can do it if they plan right.

Depending on a paycheck to get through life is dependency.
You're a slave to both the company and the government.

SS is SUPPLEMENTAL income in addition to your own retirement savings/pension.
People today see SS as their sole means of retirement income.
Well, why is it that FICA is only taken from earned income and not capital gains? Who put those rules into place? I know that you are trying hard here, however you just keep proving my point.
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