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Old 12-24-2020, 01:21 PM
 
13,512 posts, read 17,047,946 times
Reputation: 9691

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Quote:
Originally Posted by InformedConsent View Post
Because YOU are paying the federal income tax they they aren't. That's how a progressive federal tax system works.

Why should anyone have a later federal income tax free day (tax slave emancipation day) than anyone else? Shouldn't we ALL be paying our "fair share," something the left always promotes?
Right on cue.

Calling taxes slavery is reprehensible and sad. Keep carrying your fake cross.
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Old 12-24-2020, 01:50 PM
 
Location: the very edge of the continent
89,067 posts, read 44,895,573 times
Reputation: 13720
Quote:
Originally Posted by dman72 View Post
Right on cue.

Calling taxes slavery is reprehensible and sad.
How so? If NOT everyone has to pay them, it stands to reason that those who DO have to pay them are forced into slavery.
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Old 12-24-2020, 01:58 PM
 
26,694 posts, read 14,584,043 times
Reputation: 8094
Quote:
Originally Posted by dman72 View Post
Right on cue.

Calling taxes slavery is reprehensible and sad. Keep carrying your fake cross.
What would you call the people who are forced to pay the expenses for others?
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Old 12-24-2020, 02:04 PM
 
Location: Chicago, IL
9,701 posts, read 5,119,061 times
Reputation: 4270
Quote:
Originally Posted by InformedConsent View Post
You really think there's a SS "lock box?" Congress has been raiding SS revenue for decades.

Too many people, including the middle class LOSE money on SS. They never collect in benefits what they've paid in SS taxes.

They shouldn't be as SS benefits are directly related to earnings, but NOT payments. One can pay NOTHING into SS via the payroll tax (I've given the explanation of how that happens, earlier) and still collect benefits:

https://www.ssa.gov/oact/cola/Benefits.html

Actually, it would. As already posted, the SS Admin determines SS benefits by calculating "a worker's indexed earnings." Currently, that's limited to $137,700. Remove that cap and that changes higher-income earners' indexed earnings thereby increasing their benefits correspondingly.
Doesn't matter if there's a lock box. It's a separate funds with a separate set of books and tracking on it. Claiming people aren't paying into it, is a flat out lie.

None of the argument about benefits matters. We're talking about whether it benefits tax policy to have income inequality. SS is clear that it loses funding bc of the salary cap. The dollar that dollar above the cap would be taxed if it was paid to someone below to the cap.
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Old 12-24-2020, 02:10 PM
 
Location: Chicago, IL
9,701 posts, read 5,119,061 times
Reputation: 4270
Quote:
Originally Posted by lifeexplorer View Post
The only way to evenly distribute wages is to slaughter or threaten to slaughter a lot of people.

That idea has been tried in the past 100 years in many countries across different cultures and geographical areas. The more sincere they were, the more people were murdered. Those experiments causes 100 million death and still counting.
Who said anything about evenly distributing wages? Shrinking income equality doesn't mean eliminating it. It means pay people a decent wage especially if their production is what's generating revenue.
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Old 12-24-2020, 02:10 PM
 
Location: the very edge of the continent
89,067 posts, read 44,895,573 times
Reputation: 13720
Quote:
Originally Posted by EddieB.Good View Post
Doesn't matter if there's a lock box. It's a separate funds
No, it is not. If it were, there would be FAR more in it.
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Old 12-24-2020, 02:17 PM
 
Location: Chicago, IL
9,701 posts, read 5,119,061 times
Reputation: 4270
Quote:
Originally Posted by InformedConsent View Post
No, it is not. If it were, there would be FAR more in it.
The only way money leaves the ss fund outside of benefits being paid is when it's used to buy bonds, which the fund is mandated to do, by law. That money is put into the general coffers, to be paid back at a later date.

Ss is a separate fund. That's a hard fact and I'm not going to keep debating that with you.

https://www.ssa.gov/history/Internet...government.%22
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Old 12-24-2020, 02:25 PM
 
26,694 posts, read 14,584,043 times
Reputation: 8094
Quote:
Originally Posted by EddieB.Good View Post
Who said anything about evenly distributing wages? Shrinking income equality doesn't mean eliminating it. It means pay people a decent wage especially if their production is what's generating revenue.
Same drill. Come back again.

You need to ask yourself whether people are your slaves. That is what you are advocating - slavery.
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Old 12-24-2020, 02:33 PM
 
Location: the very edge of the continent
89,067 posts, read 44,895,573 times
Reputation: 13720
Quote:
Originally Posted by EddieB.Good View Post
The only way money leaves the ss fund outside of benefits being paid is when it's used to buy bonds, which the fund is mandated to do, by law. That money is put into the general coffers, to be paid back at a later date.

Ss is a separate fund. That's a hard fact and I'm not going to keep debating that with you.

https://www.ssa.gov/history/Internet...government.%22
You're still trying to insist there's a SS lock box? Are you daft?

https://www.fool.com/retirement/2020...as-stolen.aspx
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Old 12-24-2020, 02:59 PM
 
Location: Chicago, IL
9,701 posts, read 5,119,061 times
Reputation: 4270
Quote:
Originally Posted by InformedConsent View Post
You're still trying to insist there's a SS lock box? Are you daft?

https://www.fool.com/retirement/2020...as-stolen.aspx
I've given you the benefit of the doubt that you're not an idiot. If you think i was being literal when I mentioned the lockbox, then I'll rescind that courtesy and talk to you like I would a dumb child.
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