General Discussion

freshwest

(53,661 posts)

69. Both of my senators have signed on already. But then, they're Democrats.

Reply to kenny blankenship (Reply #61)

Fri Nov 23, 2012, 03:38 PM

Nov 2012

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Dem Senator Introduces Bill To Lift Social Security’s Tax Cap, Extend Its Solvency For Decades [View all] UnrepentantLiberal Nov 2012 OP

K&R AnotherMcIntosh Nov 2012 #1

K & r antigop Nov 2012 #2

You're on the Greatest page pintobean Nov 2012 #3

Cool. UnrepentantLiberal Nov 2012 #9

Leadership. Faryn Balyncd Nov 2012 #4

K&R - the cap IS the problem. I pay the full rate on all of OUR income. HopeHoops Nov 2012 #5

^This^ Freddie Nov 2012 #16

Bingo. We get fucked and they get a free ride. That's the way it is. HopeHoops Nov 2012 #24

No you don't indypaul Nov 2012 #58

No. You pay the full 15.whatever % and get a DEDUCTION of 1/2 of the SE side. HopeHoops Nov 2012 #66

You're a smart dude. UnrepentantLiberal Nov 2012 #91

Post removed Post removed Nov 2012 #104

You are hardly the most "pro-woman" guy here. noamnety Nov 2012 #108

Agreed...if you want to be seen as pro-woman, don't be a p___yt____dc__tt__ter. Ken Burch Nov 2012 #123

I couldn't agree more. UnrepentantLiberal Nov 2012 #110

"if you're self employed you ..." True, if you don't know how to rent property from yourself or a AnotherMcIntosh Nov 2012 #74

Fuck. I've never made enough in self employment to worry about that. HopeHoops Nov 2012 #76

Disagree Jimbo S Nov 2012 #30

That makes no sense. If you exceed the cap you don't even need the benefits. HopeHoops Nov 2012 #36

With that thought process, they better hope they never fall from the $100k threshold of income then. MessiahRp Nov 2012 #78

you may or may not need the money when you are retired. mopinko Nov 2012 #80

Sorry, I'm not in that league. But if I was, I'd pay it. It just makes sense. HopeHoops Nov 2012 #83

hey, it's a great investment. mopinko Nov 2012 #127

I never even knew about the cap...until my income exceeded it magical thyme Nov 2012 #45

We will provide higher benefit levels for higher amounts paid in, as we should. SS Insurance. Overseas Nov 2012 #75

That's not progressive taxation at all. xtraxritical Nov 2012 #86

It is Insurance. As it is now, if you earn more you pay more and you get more-- up to 100K. Overseas Nov 2012 #103

No if the rich want more out let them raise the return for everyone. It is community Vincardog Nov 2012 #107

Benefits are computed from the AIME formula FogerRox Nov 2012 #124

The cap was installed to prevent the spectacle of Social Security cutting huge checks to the rich. Selatius Nov 2012 #137

I am sorry, but the cap should be reivised and adjusted as needed on a yearly basis. geckosfeet Nov 2012 #6

You might be right, but this is a good start. kag Nov 2012 #13

Actually, the cap is revised annually if the formula calls for it. LiberalFighter Nov 2012 #49

Interesting. I meant of course, adjusted in a way that is meaningful towards assuring solvency and geckosfeet Nov 2012 #60

I do think there needs to be a graduated decrease in benefits LiberalFighter Nov 2012 #85

Well, we as a society are really big on needs based assistance. If you have an income geckosfeet Nov 2012 #87

Yes, if the receive $250k annually during retirement. LiberalFighter Nov 2012 #112

No decrease in benefits OnlinePoker Nov 2012 #135

the cap is adjusted every year. mopinko Nov 2012 #128

The current rates of adjustment are not adequate to provide for a vigorous system. geckosfeet Nov 2012 #129

Load up his answering machine with onethatcares Nov 2012 #7

+1! -nt CrispyQ Nov 2012 #23

K & R AzDar Nov 2012 #8

Yay Senator! shenmue Nov 2012 #10

Cool! SoapBox Nov 2012 #11

Great proposals. Where is the 'lamestream' media on this? joanbarnes Nov 2012 #12

Operation Mockingbird AnotherMcIntosh Nov 2012 #17

If the majority of the Democratic Senate caucus were pushing for this Telly Savalas Nov 2012 #122

He is properly addressing the fraudulent rigging of CPI calculations (chained CPI being the most... Faryn Balyncd Nov 2012 #14

This is such a commonsense thing. drm604 Nov 2012 #15

Yep, it must be all the Repubs' fault. I know that this is true because there are those who have AnotherMcIntosh Nov 2012 #19

If it makes you feel good to put words in my mouth, then have at it, drm604 Nov 2012 #68

Did I say that you, with your speculation, said that it was "all" the Republicans' fault? AnotherMcIntosh Nov 2012 #70

Yes you DID say that.. pangaia Nov 2012 #101

Obviously, (1) that was sarcasm, and (2) the phrase was not included within quotation marks or AnotherMcIntosh Nov 2012 #102

Actually, I got your post and drm's post mixed up. pangaia Nov 2012 #106

This message was self-deleted by its author AnotherMcIntosh Nov 2012 #109

Now I understand. I, too, confused the posts and thought that your post was drm's post to me. AnotherMcIntosh Nov 2012 #111

I'm a scorpio so.. pangaia Nov 2012 #119

They have been talking about this for years julian09 Nov 2012 #20

Common sense has no place in politics. rhett o rick Nov 2012 #21

Don't Republicans usually love a flat tax? Please proceed Nov 2012 #18

K&R N/T mecherosegarden Nov 2012 #22

Will this bill help us gain House seats in 2014? grahamhgreen Nov 2012 #25

I agree. That's if we talk about it and push it. If no one talks about it, it's dead in the water. vaberella Nov 2012 #39

Every action the Dems take should be predicated with this question, IMHO. grahamhgreen Nov 2012 #77

Yes, but dreamnightwind Nov 2012 #99

Imagine that, a progressive solution to a problem... Wounded Bear Nov 2012 #26

K&R Wow! These Democratic politicians are on a hot streak! UCmeNdc Nov 2012 #27

Why is this obvious first solution deemed so damned radical by the Inside the Beltway types? leveymg Nov 2012 #28

Because they are a bunch of spoiled rich whores Joe Bacon Nov 2012 #40

The sticking point radical noodle Nov 2012 #29

Or keep a cap on employers but not employees. Freddie Nov 2012 #33

If the cap is eliminated on employees it should also apply to employers. LiberalFighter Nov 2012 #52

Most people don't even know about the FICA cap Freddie Nov 2012 #31

Do you explain to them that their Social Security benefit is also capped, Nye Bevan Nov 2012 #88

Of course its fair, They get the Earned income tax cedit? RIght? FogerRox Nov 2012 #120

People who are earning above the SS cap do NOT get EITC, that seems obvious. Bluenorthwest Nov 2012 #143

Contact Information Change has come Nov 2012 #32

Mark has our back, Show him we got his back! Joe Bacon Nov 2012 #34

Here is his contact page: UnrepentantLiberal Nov 2012 #42

Thanks for link. Another one resisting the plutocrats. freshwest Nov 2012 #121

Since the maximum benefit customerserviceguy Nov 2012 #35

And then they borrow the money in the SS fund to pay for wars and taxcuts... kentuck Nov 2012 #37

Yep, Reagan was a seven-dimensional chess player. AnotherMcIntosh Nov 2012 #71

This message was self-deleted by its author guyton Nov 2012 #38

K & R !!! WillyT Nov 2012 #41

This is what we need to be discussing. CBHagman Nov 2012 #43

Kicked and recommended. Uncle Joe Nov 2012 #44

CUE THE VONAGE THEME! rocktivity Nov 2012 #46

This can't work edhopper Nov 2012 #47

Standing Ovation !!!! Next, the Pentagon Offense Budget...tool it back to a Defense Budget. libdem4life Nov 2012 #48

Write or call your congress member. cyclezealot Nov 2012 #50

WTH took so long.... Historic NY Nov 2012 #51

Yay!...Just emailed him a big "Thanks" n/t whathehell Nov 2012 #53

And another facet of this argument... kentuck Nov 2012 #54

Absolutely true, and it would be better to raise the minimum wage TexasBushwhacker Nov 2012 #157

What would be the effect if the cap was simply Still Sensible Nov 2012 #55

That makes a ton of sense. kentuck Nov 2012 #56

Since 1983 the cap has been adjusted to keep it at the 90%til. FogerRox Nov 2012 #118

it's already solvent for decades. HiPointDem Nov 2012 #57

+1. limpyhobbler Nov 2012 #115

100% Pay-As-You-Go. nt Romulox Nov 2012 #152

We should sell this as a "Flat Tax for SS. sellitman Nov 2012 #59

x2 AnotherMcIntosh Nov 2012 #72

ooo . .good framing annabanana Nov 2012 #93

That's a DEMOCRAT. kenny blankenship Nov 2012 #61

Both of my senators have signed on already. But then, they're Democrats. freshwest Nov 2012 #69

This really makes TOO much sense! NYtoBush-Drop Dead Nov 2012 #62

Remove or reduce the cap. penndragon69 Nov 2012 #63

I'm going to disagree with you Travis_0004 Nov 2012 #79

True. UnrepentantLiberal Nov 2012 #81

And I would agree with you except the wealthy are failing the nation already at cstanleytech Nov 2012 #100

Then we lose the reason the EITC was passed in the early 70's FogerRox Nov 2012 #125

Well they could just cap the monthly check to based on income and yes cstanleytech Nov 2012 #133

+100 If we take nothing from capital then we owe nothing to capital FogerRox Nov 2012 #117

Applying a means test to SS makes it a welfare program FogerRox Nov 2012 #116

100% of Social Security is paid by current workers. There are no "savings accounts" to draw from. Romulox Nov 2012 #153

From a legal or adminstrative standpoint you would be wrong. FogerRox Nov 2012 #156

Nonsense. Social Security is *100% Pay-As-You-Go*. Your document doesn't dispute that Romulox Nov 2012 #158

Your numbers are way, way off. No one paying into the system for 40 years gets Bluenorthwest Nov 2012 #145

Not quite enough for me to forgive you, Mark, Blue_In_AK Nov 2012 #64

I hear ya. UnrepentantLiberal Nov 2012 #89

k+r! TeamPooka Nov 2012 #65

Kickety AndyTiedye Nov 2012 #67

Think it was first posted xxqqqzme Nov 2012 #73

If the Thugs filibuster them - make sure Reid orders the Republicans back on the floor and Panasonic Nov 2012 #82

This all depends on "DAY 1". . . . n/t annabanana Nov 2012 #94

The Obama negotiating position is complete crap BlueStreak Nov 2012 #84

Or you can just call it cynical manipulation and leave it at that. UnrepentantLiberal Nov 2012 #139

Why, how VERY un-bipartisan of that Senator. blkmusclmachine Nov 2012 #90

K&R sheshe2 Nov 2012 #92

HOW EXCELLENT! Iwillnevergiveup Nov 2012 #95

I have serious reservations that the GOP or Conserva-Dems would support this NorthCarolina Nov 2012 #96

Mark IS a conservadem Blue_In_AK Nov 2012 #114

Politics over We The People East Coast Pirate Nov 2012 #97

If idiots can start a petition to the WH to secede, NashvilleLefty Nov 2012 #98

At least there is a proposal to fix this problem AlphaCentauri Nov 2012 #105

I have contacted my (Maine) senators, not that it will do any good. Regardless of their so-called Maineman Nov 2012 #113

Should wait to hear more about this CPI-E before jumping on board with this? limpyhobbler Nov 2012 #126

Fuck yeah, Kick and rec tavalon Nov 2012 #130

excellent solution. blackspade Nov 2012 #131

Really! rks306 Nov 2012 #132

Rec'd. This is what I just sent to Senator's Levin & Stabenow Kaleva Nov 2012 #134

Well done. UnrepentantLiberal Nov 2012 #138

Called my Senators this morning and even called my Repub Congressman Kaleva Nov 2012 #150

Excellent. UnrepentantLiberal Nov 2012 #151

I also called Senator Mark Begich's D.C. office... Kaleva Nov 2012 #154

That's great. UnrepentantLiberal Nov 2012 #155

+1 BlueStreak Nov 2012 #142

Yes, it has been posted already. However-- eridani Nov 2012 #136

That's about the nearest thing to a Silver Bullet as there is 99th_Monkey Nov 2012 #140

I have a quibble... GTurck Nov 2012 #141

I agree. UnrepentantLiberal Nov 2012 #147

Yes it was posted before, but ProSense Nov 2012 #144

That's what I thought. UnrepentantLiberal Nov 2012 #146

This is a great idea! Jasana Nov 2012 #148

Oh by the way K&R n/t Jasana Nov 2012 #149