Vincardog
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Fri Feb-11-05 04:49 PM
Response to Reply #61 |
| 73. I believe we can start by rolling back the trillions in tax cuts for the |
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richest 2% that aWoL gave away. Then go after the estate tax on estates above 1MM. That is a BIG start. Why are you trying to balance the disastrous budget the NeoCons created on Social Security? We can never cut social spending enough to offset the idiotic spending and crony capitalism of aWoL and the BFEE.
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| -The ONLY correct fix for Social Security |
googly |
Feb-10-05 03:30 PM |
#0 |
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The so called crisis is because there are fewer working Americans |
Vincardog |
Feb-10-05 03:34 PM |
#1 |
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There are NOT fewer Americans paying in Vs taking out AT THIS TIME |
googly |
Feb-10-05 03:42 PM |
#4 |
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I agree :-) But the only real result of selling the bonds now is to remove |
papau |
Feb-11-05 05:03 AM |
#37 |
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Bull. |
Warpy |
Feb-10-05 03:44 PM |
#5 |
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If we TRIPLED the payroll taxes on the rich, it still won't work |
googly |
Feb-10-05 04:03 PM |
#6 |
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The fact is there is already a 2 Trillion dollar surplus in the SS Trust |
Vincardog |
Feb-10-05 04:22 PM |
#7 |
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That "surplus" has ALREADY BEEN SPENT! |
googly |
Feb-10-05 08:55 PM |
#9 |
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It has been 'spent' on T Bills. T Bills mature and are paid off. |
Vincardog |
Feb-10-05 09:29 PM |
#13 |
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Have you looked into the "math" when boomers start retiring? |
googly |
Feb-11-05 02:13 PM |
#61 |
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I believe we can start by rolling back the trillions in tax cuts for the |
Vincardog |
Feb-11-05 04:49 PM |
#73 |
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Excuse me for being blunt, but you are missing my whole point |
googly |
Feb-11-05 08:09 PM |
#79 |
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excuse me Googly but YOU miss the point |
Vincardog |
Feb-11-05 08:23 PM |
#82 |
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If we can spend $500 billion per year on defense... |
kentuck |
Feb-11-05 08:26 PM |
#83 |
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Well Kentucky it looks that way. I believe some folks are |
Vincardog |
Feb-11-05 08:30 PM |
#85 |
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The money borrowed on the other Treasury notes has been spent also ! |
kentuck |
Feb-11-05 12:00 AM |
#23 |
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My basic point------------------> when the boomers are at peak of |
googly |
Feb-12-05 06:01 PM |
#93 |
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That is right wing SPIN |
sandnsea |
Feb-11-05 01:57 AM |
#29 |
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Are they going to tell the Japanese and the Chinese the same... |
kentuck |
Feb-11-05 02:03 AM |
#30 |
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I agree |
sandnsea |
Feb-11-05 02:06 AM |
#31 |
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You are correct... |
kentuck |
Feb-11-05 02:08 AM |
#32 |
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BIG BIG difference between external IOU's such as the Japanese |
googly |
Feb-11-05 08:29 PM |
#84 |
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That assumes there is more danger in external default than |
kentuck |
Feb-12-05 08:08 AM |
#89 |
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From social impact perspective you are right, but from practicality |
googly |
Feb-12-05 05:55 PM |
#92 |
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Social Security has given EVERY SURPLUS DOLLAR since 1940's |
googly |
Feb-11-05 08:17 PM |
#81 |
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Yes, they stole it fair and square and they don't want to pay it back. |
SharonAnn |
Feb-10-05 10:06 PM |
#17 |
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Raising the payroll tax ends the last GOP talking point - but without |
papau |
Feb-11-05 05:08 AM |
#38 |
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How about this idea to fix SS? |
Mich Otter |
Feb-12-05 06:20 PM |
#95 |
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That's a helluva interesting comment, Warpy.... |
kentuck |
Feb-10-05 11:58 PM |
#22 |
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It worked for 70 years - and the tax rates that it took to |
qwghlmian |
Feb-11-05 12:22 AM |
#24 |
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payroll rates were last raised fifteen years ago! |
flaminbats |
Feb-11-05 01:29 AM |
#25 |
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small correction |
Warren Stupidity |
Feb-12-05 07:05 AM |
#88 |
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I think it's been a pretty damn good bargain... |
kentuck |
Feb-11-05 01:46 AM |
#26 |
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How much have wages fallen? |
sandnsea |
Feb-11-05 02:09 AM |
#33 |
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Let's see - |
qwghlmian |
Feb-11-05 11:34 AM |
#47 |
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Constant 1982 dollars |
sandnsea |
Feb-11-05 12:43 PM |
#53 |
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According to your .gov link, the average |
qwghlmian |
Feb-11-05 01:06 PM |
#56 |
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Not to be dense |
sandnsea |
Feb-11-05 03:51 PM |
#70 |
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From your link - |
qwghlmian |
Feb-11-05 04:35 PM |
#72 |
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Ooooh |
sandnsea |
Feb-11-05 08:08 PM |
#78 |
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They rates do NOT continue to rise, and do not need to rise |
papau |
Feb-11-05 05:12 AM |
#39 |
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RE: Sustainable tax rate. |
cattleman22 |
Feb-11-05 12:34 PM |
#50 |
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Now compare that to income level raises, please. What would |
DebJ |
Feb-11-05 06:26 AM |
#43 |
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In 1935, the cap was set at $3,000. |
qwghlmian |
Feb-11-05 10:58 AM |
#46 |
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Then why are the federal employees getting better returns on |
googly |
Feb-11-05 08:39 PM |
#87 |
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"first raise the earnings cap" |
Warren Stupidity |
Feb-11-05 06:54 AM |
#44 |
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Chapter 8 "How Social Security Taxes Subsidize the Rich" in the book |
EVDebs |
Feb-12-05 06:09 PM |
#94 |
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I've heard only the top 1% is necessary |
Cocoa |
Feb-10-05 03:34 PM |
#2 |
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Even better if its only the top 1% but the MOST IMPORTANT |
googly |
Feb-10-05 03:37 PM |
#3 |
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I have a couple of links on the lockbox |
BlueInRed |
Feb-10-05 09:26 PM |
#12 |
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The LOCKBOX needs to be implemented SOON |
googly |
Feb-11-05 08:35 PM |
#86 |
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That's what I've heard, too. |
antiwarwarrior |
Feb-12-05 06:24 PM |
#96 |
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it already IS invested in a retirement fund |
unblock |
Feb-10-05 05:15 PM |
#8 |
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and where will the US Treasury get the CASH to pay it back |
googly |
Feb-10-05 08:59 PM |
#10 |
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"us treasuries" and "iou's" are the opposite ends of the spectrum |
unblock |
Feb-10-05 09:59 PM |
#16 |
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ROLL BACK THE TAX CUTS |
sandnsea |
Feb-11-05 02:09 AM |
#34 |
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as the poster papau has pointed out many times |
BlueInRed |
Feb-10-05 09:23 PM |
#11 |
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Yeah thanks, but this solution requires weaning the pols away from the |
googly |
Feb-10-05 09:39 PM |
#14 |
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Exactly, it's just too tempting n/t |
BlueInRed |
Feb-10-05 09:57 PM |
#15 |
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Government control of business |
sandnsea |
Feb-11-05 01:55 AM |
#28 |
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True - tight regulations will be needed to prevent "socially targeted |
papau |
Feb-11-05 05:16 AM |
#40 |
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You are correct BlueInRed, googly and I appear to agree that Trust selling |
papau |
Feb-11-05 04:54 AM |
#36 |
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Thanks for clarifying :) |
BlueInRed |
Feb-11-05 10:51 AM |
#45 |
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I don't think government should own private businesses. n/t |
cattleman22 |
Feb-11-05 12:35 PM |
#51 |
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Do you think Social Security should be privatized? |
Kathy in Cambridge |
Feb-11-05 01:48 PM |
#59 |
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Bush's plan is the worst of both worlds. Too much government to be a |
cattleman22 |
Feb-11-05 02:34 PM |
#68 |
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It is doing it NOW in the federal employees retirement fund, and |
googly |
Feb-11-05 02:15 PM |
#62 |
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I still don't think government agencies should be able to do this. |
cattleman22 |
Feb-11-05 02:38 PM |
#69 |
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Except when you switch into personal accounts such as 403-b, 401-k |
googly |
Feb-11-05 07:10 PM |
#75 |
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Good point. n/t |
googly |
Feb-11-05 02:27 PM |
#66 |
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Walla! Problen solved! That idea is a keeper! |
Auntie Bush |
Feb-10-05 10:14 PM |
#18 |
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Can anyone answer this Libertarian SPIN and debate stopper ? |
T Bone |
Feb-10-05 10:20 PM |
#19 |
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Roosvelt demanded mandatory taxes |
sandnsea |
Feb-11-05 02:12 AM |
#35 |
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What SPIN - in 1935 the IRS was given the job of chosing a way to |
papau |
Feb-11-05 05:20 AM |
#41 |
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Roosevelt approved |
sandnsea |
Feb-11-05 12:52 PM |
#55 |
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Sorry - Roosevelt wanted everyone covered - but self employed and various |
papau |
Feb-11-05 01:23 PM |
#57 |
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Just not following |
sandnsea |
Feb-11-05 03:53 PM |
#71 |
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It may be past my time for my nap- as KO says - now what was the question? |
papau |
Feb-11-05 07:20 PM |
#77 |
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Ah, I see |
sandnsea |
Feb-11-05 08:10 PM |
#80 |
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Medicare is what needs to be addressed, not SS |
Muddy Waters Guitar |
Feb-10-05 10:54 PM |
#20 |
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Medicare faces greater peril because of medical inflation.. |
flaminbats |
Feb-10-05 11:19 PM |
#21 |
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"medical inflation" because of the capitalist insurance companies... |
kentuck |
Feb-11-05 01:48 AM |
#27 |
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True - medical care should not have a profit and CEO salary cost plus |
papau |
Feb-11-05 05:27 AM |
#42 |
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Medical Inflation is due to a variety of reasons |
cattleman22 |
Feb-11-05 12:38 PM |
#52 |
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Medicare is a whole another issue, but lets limit to SS here please |
googly |
Feb-11-05 02:18 PM |
#63 |
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Duh!!!!! That is what we should have been doing from the beginning! |
cidliz2004 |
Feb-11-05 11:39 AM |
#48 |
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Why don't they just raise the age to 80. |
sarcasmo |
Feb-11-05 11:42 AM |
#49 |
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hmm. i thought the only correct fix was |
MsTryska |
Feb-11-05 12:46 PM |
#54 |
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You are overlooking the fundamental problem, which is that |
googly |
Feb-11-05 02:25 PM |
#65 |
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well yeah, there's that too. |
MsTryska |
Feb-11-05 02:31 PM |
#67 |
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Yeah, the rich corporations can always pay more, but there is plenty |
googly |
Feb-11-05 07:14 PM |
#76 |
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My understanding of all this….. |
peterh |
Feb-11-05 01:39 PM |
#58 |
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I agree, and which is why my "fix" is better, it requires NO OUTFLOW |
googly |
Feb-11-05 02:22 PM |
#64 |
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"Logan's Run" |
txaslftist |
Feb-11-05 01:50 PM |
#60 |
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Deleted message |
Name removed |
Feb-11-05 05:00 PM |
#74 |
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NO CRISIS |
flounderinginflorida |
Feb-12-05 09:43 AM |
#90 |
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Um - you heard wrong. n/t |
qwghlmian |
Feb-12-05 10:35 AM |
#91 |
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Did you see Rockefeller is proposing rolling back the tax cuts? |
BlueInRed |
Feb-12-05 07:10 PM |
#97 |