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Author: proton500 Big red star, 1000 posts Top Recommended Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1963517  
Subject: Re: Culling the herd Date: 1/7/2013 7:47 AM
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Bears...As for 50K, that is a mild flu. If we could only get a real butt kicker, it will help the country so much. Also, it is not the amount of people, it is the focus on those, say, over 80, really cull the herd there, save on Social Security, Medicare, solve so many problems.

Pro-life are you? I think there is another solution to the SS situation.

We humans have a tendency to defer to a confident or assertive person. If a problem arises and someone says, "Step aside I can handle this," we often allow that person to tackle the problem.

The aggressive unrelenting attack from the wingnuts on Social Security causes progressives to defend it. "It's broke, get rid of it, privatize it, cut benefits, extend the age qualifications" are just some of their claims and proposals.

Instead of being defensive we should launch a counter campaign. The percentage rates that we paid into SS have changed through the years but the important words here are "we paid." We paid a real percentage of our total income.

The people who did not pay as much as we did:

1) Had income exceeding the taxable limit.

2) Never paid into SS at all because their income was from dividends, which are exempt.

These are the people who wage the eternal war against what we paid for and they did not. If the left were as proactive as their opponents the right would howl their heads off. They want to play 'bait and switch' fine let's do. I propose that all tax returns, for all years, for all living Americans, be revisited and people who paid into SS up to the 100k limit but earned a million and the dividend people who never paid, retroactively pay the appropriate yearly percent on their total income.

After they are in parity with the rest of us SS will have no problem meeting its future payments.


proton
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