Does anybody doubt Trump and Musk are crashing SS on purpose?

Originally posted by: PJ Stroh

Boilerman voted for Trump despite Trump saying he wanted to end taxes on Social Security income....which is one of the pillars that helps pay for it.    

 

Boilerman complains about government mismanagement of the fund....but he votes for people who enact that mismanagement.   


   Your post is deliberately misleading and inaccurate --- "Boilerman voted for Trump despite Trump saying he wanted to end taxes on Social Security income....which is one of the pillars that helps pay for it." --- You left out the part that President Trump wanted to end taxing "Senior recipiants" of Social Security on the Social Security funds they receive - which is "double" taxation on the funds they have already been taxed on. - - Trump Proposed Eliminating Social Security Taxes. Here's the Bill That Could Make It Happen -- President Donald Trump has promised seniors they will no longer pay taxes on Social Security - “Eliminating taxes on Social Security benefits would be an excellent step to provide financial relief to American seniors, many of whom are struggling with a cost of living that is growing much faster than their incomes,” says Shannon Benton, executive director of the Senior Citizens League, in statement published on the organization’s website. “It would also reduce double taxation, which is inherently unjust.” -- https://money.usnews.com/money/retirement/articles/what-to-know-about-the-bill-to-repeal-social-security-taxes

Originally posted by: tom

They are closing 47 offices out of 1470. (3%).. The republic will survive. 


And firing 20% of the workers in the offices that remain. And removing 25% of the funding for administration. And reducing services such as phone and email info inquiries. 

 

"The republic will survive." Yes, and people will suffer and die unnecessarily. What a callous and ignorant thing to say. Fuck you, Tom! Fuck you, stupid Tom!

Originally posted by: tom

An example of a Ponzi scheme. 

Investment company promises that you can earn 10% on money invested with them. 

Investment company doesn't have investments that pay 10%. They take the money from subsequent investors to pay the initial investors. When they run short on new investments it collapses 

 

With SS, one pays SS taxes. 100% should be invested. Some of it is but an increasing amount is paid out to current recipients. The surplus money collected over what is paid out is decreasing. In time SS payments will exceed the taxes. Thus the problem why it is called a Ponzi scheme. 

If a private pension plan ran like this the administrators would go to jail. 

Democrats like to pretend this isn't happening. 

 


Ponzi scheme is a very good description of it.  

 

And a very good point here.....If a private pension plan ran like this the administrators would go to jail.

What is hard about understanding this?  

Originally posted by: tom

SS income is taxed three times. 

First whe one is working one is taxed on gross income even though there are SS taxes that reduces take home pay. 

Then one is taxed with the SS tax. 

Third it is taxed when one receives SS income. 


And the tax collected on it goes to help pay for the solvency of the fund.

 

When you say closing a handful of offices is going to make a difference....it wont.

When you say getting rid of the tax on SS income wont make a difference....it will.

 

 

It helps to have people who are good at math making these kinds of decisions. 


How do the liberals here suggest reducing the deficit?

Originally posted by: tom

How do the liberals here suggest reducing the deficit?


Raising taxes and cutting the military budget in half, taking the cap off the earnings cap on SS, ending stock buybacks, for corporations that organize offshore to avoid taxes cut off their access to the Federal Court system.

Originally posted by: tom

How do the liberals here suggest reducing the deficit?


Give the government more $ so they can keep managing it so well.  That will get us out of the deficit.  

Originally posted by: Jerry Ice 33

Give the government more $ so they can keep managing it so well.  That will get us out of the deficit.  


Sabotage the government by firing its workforce - and then complain about how the government doesnt work.

Welcome to the Republican playbook for the last 40years

 

We had a balanced budget until Republicans decided to cut taxes for billionaires and corporations....and then defunded the IRS so they let 600 Billion in delinquent taxes go every year.    

That last part by itself would do more to fix the defict than anything DOGE is doing by a factor of 100.   And DOGE is making it worse by firing even more IRS workers when they should be hiring them.

 

 

Tom, you need to get your talking points straight.    In the next few months Republicans will be releasing their new deficit busting tax plan - and FOX news is going to tell you not to worry about the defict anymore. 

 

You should start preparing now  so you dont look ridiculous when it happens.

I was complaining about the Govt before this gutting began.  Too many people in government are worried about their own self-interests and getting re-elected so they don't have to get real jobs.  That's a problem.  And one that doesn't lead to them doing their jobs well.  

 

I don't disagree with their last four lines above though.  

Edited on Mar 26, 2025 7:58pm
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