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Also, I wouldn’t trust you liberals not to lower the threshold enough to take my benefit payment too. 😉
You will have to ask a liberal. I'm here as an independent in a thread praising a Republican for taking a stand on an issue where cheap, easy attacks are likely to come back at her.
 
I don’t want to take anyone’s benefits from them and neither will Congress. Of course a voluntary opt out option won’t fix it, but it’s a start and I think it could possibly pass easily. Then start doing other changes that will help. Ideally, replace it with something like I’ve proposed repeatedly. It could be sold and I’m convinced it would be popular.

Changing to the federal plan might do wonders for the kids who are 20 today. How does it bring in $400 billion in 2033? We aren't raising the taxes on those 18-year olds who opt for it are we? I will retire in 3-4 years, it wouldn't possibly make sense for me and all the people older than me to shift to the plan so the money going out will not change. The only way to change the trajectory I see would be to cut benefits, kill off older people, raise revenue.
 
LOL, much money do you think would roll in? It's like the imaginary people that check off the box on their tax form to make a donation to the Presidential Election Campaign Fund.

Are you in favor of collecting SS on income above the current limit?
I do think it could be a lot. Whatever it is, it’s something. Your involuntary plan will never pass so that one means nothing. Also, it wouldn’t be money rolling in, it would be less money rolling out.

I’m above the current limit and will be until I retire-retire. That could be raised some. I don’t think no limit is the answer and I don’t think it would ever pass. It’s already an unfair system and making it more unfair isn’t the answer.

They could return what I’ve paid in without interest and I’d happily give up my benefits. I don’t know if that helps the system though.
 
If the Union for Concerned Scientists number is right, we are going to be $440 billion short in 2033. I am not saying it is right, if anyone has other numbers I'll be glad to use them. We aren't closing that gap with only voluntary contributions. Heck, we aren't closing that gap by only taking away billionaire's Social Security. We aren't closing that gap by making 18-year-olds work until 90.

But taking away billionaire social security is low-hanging fruit. If you take away the money from the woman that worked her entire life as a coffee shop waitress and has almost no savings, she's going to need other government money to survive. So while it might technically help Social Security stay solvent, it is still a drain on the overall financial health. Taking away Gates' Social Security won't have him applying for other benefits afterword.

I don't know your position, maybe you will accept some higher revenue for Social Security. But I am skeptical that is getting through congress ever. It is going to be hard in 2033 to tell Mark (and me, I will be 73 then and retired one way or another) that we must go back to work because retirement has been moved to 80.

We have to cut, we have to increase, to close $440 billion. I'm just not seeing the logic in cutting people that we will then have to provide other assistance to.
1) raise the payroll tax cap and 2) gradually increase retirement age. 62 is basically the new 42.
 
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Changing to the federal plan might do wonders for the kids who are 20 today. How does it bring in $400 billion in 2033? We aren't raising the taxes on those 18-year olds who opt for it are we? I will retire in 3-4 years, it wouldn't possibly make sense for me and all the people older than me to shift to the plan so the money going out will not change. The only way to change the trajectory I see would be to cut benefits, kill off older people, raise revenue.
You and I couldn’t be in the new system. We’re screwed. It would have to be phased in. The smart people would be able to figure this out.
 
It’s already an unfair system and making it more unfair isn’t the answer.
I agree in principle, but at some point you will have to decide if making the system even a little more unfair is worth it, simply in order to save the system.

Just kicking the can down the road doesn't seem like a great plan for the country as a whole. Maybe it is for those of us over 60, who likely don't see the fallout of the shortfall that is sure to come, eventually.
 
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You and I couldn’t be in the new system. We’re screwed. It would have to be phased in. The smart people would be able to figure this out.

We can't be in the new system, which is what I suspected. So the new system in no way solves the crunch coming then. We can remove it as part of the conversation on how to solve the pending crunch. Since I don't think you want to raise taxes, or if so not by much, then I assume you want all the shortfall born equally by all recipients. The Home Depot guy won't miss that money one bit, but there are people that this will mean choosing between food, medicine, and heat.

By current law, once the trust fund is gone it can only pay out what it takes in. That would mean a 23% across-the-board cut in Social Security. That is going to hammer some people and, as I suggested earlier, be a rounding error for others. 23% will be incredibly significant to many people.

 
We can't be in the new system, which is what I suspected. So the new system in no way solves the crunch coming then. We can remove it as part of the conversation on how to solve the pending crunch. Since I don't think you want to raise taxes, or if so not by much, then I assume you want all the shortfall born equally by all recipients. The Home Depot guy won't miss that money one bit, but there are people that this will mean choosing between food, medicine, and heat.

By current law, once the trust fund is gone it can only pay out what it takes in. That would mean a 23% across-the-board cut in Social Security. That is going to hammer some people and, as I suggested earlier, be a rounding error for others. 23% will be incredibly significant to many people.

As long as the Boomers get theirs, screw the rest of us.

Sassy Believe It GIF by Rosanna Pansino
 
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As long as the Boomers get theirs, screw the rest of us.

Sassy Believe It GIF by Rosanna Pansino

Who said to screw everyone else? I have no problem with Aloha's plan to allow you to move over to the government retirement plan which will be better for you than Social Security will be for me.
 
I think it is a bit hypocritical to say they don’t want or need their payment but not take advantage of an existing method of returning it to the Treasury.
He's not just saying he doesn't want or need it; he's saying that it's ridiculous he gets it in the first place. Whether or not you agree with him, he's allowed to state that opinion, and whether or not he keeps the money or gives it back (or does something else with it) is irrelevant, and doesn't make him a hypocrite.
 
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No one is entitled to someone else's money just because they have more of it.
"Entitled" to, no.

But you don't get to go to heaven if you don't give it away, do you?

Luke 18:18-25
King James Version​

18 And a certain ruler asked him, saying, Good Master, what shall I do to inherit eternal life?
19 And Jesus said unto him, Why callest thou me good? none is good, save one, that is, God.
20 Thou knowest the commandments, Do not commit adultery, Do not kill, Do not steal, Do not bear false witness, Honour thy father and thy mother.
21 And he said, All these have I kept from my youth up.
22 Now when Jesus heard these things, he said unto him, Yet lackest thou one thing: sell all that thou hast, and distribute unto the poor, and thou shalt have treasure in heaven: and come, follow me.
23 And when he heard this, he was very sorrowful: for he was very rich.
24 And when Jesus saw that he was very sorrowful, he said, How hardly shall they that have riches enter into the kingdom of God!
25 For it is easier for a camel to go through a needle's eye, than for a rich man to enter into the kingdom of God.

Socialism and the redistribution of wealth from people with much to people with little is as Christian as apple pie, or some other mixed metaphor I'm not thinking of.
 
I agree in principle, but at some point you will have to decide if making the system even a little more unfair is worth it, simply in order to save the system.

Just kicking the can down the road doesn't seem like a great plan for the country as a whole. Maybe it is for those of us over 60, who likely don't see the fallout of the shortfall that is sure to come, eventually.
The last “fix” just kicked the can down the road. Any “fix” that consists of raising the tax side and taking benefits from “the rich” is only kicking the can down the road again. An actual fix requires changing the way it’s structured.
 
He's not just saying he doesn't want or need it; he's saying that it's ridiculous he gets it in the first place. Whether or not you agree with him, he's allowed to state that opinion, and whether or not he keeps the money or gives it back (or does something else with it) is irrelevant, and doesn't make him a hypocrite.
My opinion is that it’s hypocritical. Don’t be shouting my opinion down. 😉
 
Raising the yearly contribution limit to (say) the first $500K in income and cutting the benefits for ultra-rich isn't changing the structure of SS?

Kicking the can is going from 65 to 66 to 67.
 
We can't be in the new system, which is what I suspected. So the new system in no way solves the crunch coming then. We can remove it as part of the conversation on how to solve the pending crunch. Since I don't think you want to raise taxes, or if so not by much, then I assume you want all the shortfall born equally by all recipients. The Home Depot guy won't miss that money one bit, but there are people that this will mean choosing between food, medicine, and heat.

By current law, once the trust fund is gone it can only pay out what it takes in. That would mean a 23% across-the-board cut in Social Security. That is going to hammer some people and, as I suggested earlier, be a rounding error for others. 23% will be incredibly significant to many people.

I have heard one proposal from an economic think tank that could work immediately. Instead of having individual TSPs, basically take all the current SS assets and put them into essentially one giant TSP account for all. All revenues, our taxes, go into that account. It included a mechanism to plus it up if necessary in poor market years. Historically speaking that would be rare.
 
Hypocrisy is when you say one thing and do another. If he said, "Every rich person should give the money back" and then kept it for himself, that would be hypocrisy.
There you go attacking my opinion. He’s saying the government shouldn’t give him a check and he doesn’t need it, but he keeps it. That’s close enough to what you said to qualify in my OPINION.
 
@twenty02 @JamieDimonsBalls @larsIU @BradStevens gents let's make a pact. if ss ends up insolvent and marv and mark have to go back to work we buy a business in bloomington and make them work it. each kick in 20%. fed ex route. mark can drive and marv can run the packages. or alternate. maybe a food truck? make em sling tacos. something.
Male strip club?
 
@twenty02 @JamieDimonsBalls @larsIU @BradStevens gents let's make a pact. if ss ends up insolvent and marv and mark have to go back to work we buy a business in bloomington and make them work it. each kick in 20%. fed ex route. mark can drive and marv can run the packages. or alternate. maybe a food truck? make em sling tacos. something.
I want to handle HR. Just once before I die.

To be sure, I would do absolutely nothing.
 
I want to handle HR. Just once before I die.

To be sure, I would do absolutely nothing.
consider it done. you're head of HR. but listen. mark is going to try to be bossy. that's not the deal. we want him working not trying to run the show
 
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"No, Mark, I don't care if you're sweaty. Valentino and Fernando are in the back rooms. Stage 2 is empty. Get up there!"
Mark. MARK!!!!!!!!!!! For the millionth F*UCKING TIME!!!!!!!!!!!! Marv calling in sick has absolutely nothing to do with you. ZERO!!!!!!!!! DO. YOU. UNDERSTAND? now brad told you stage 2. wheel your ass up there! twenty put in a ramp at lars' direction. what f*ucking more do you need
 
Mark. MARK!!!!!!!!!!! For the millionth F*UCKING TIME!!!!!!!!!!!! Marv calling in sick has absolutely nothing to do with you. ZERO!!!!!!!!! DO. YOU. UNDERSTAND? now brad told you stage 2. wheel your ass up there! twenty put in a ramp at lars' direction. what f*ucking more do you need
I always figured Marv would be running our incredibly profitiable OnlyF*ns sites and direct link to PronHub. The real money is online.
 
Mark. MARK!!!!!!!!!!! For the millionth F*UCKING TIME!!!!!!!!!!!! Marv calling in sick has absolutely nothing to do with you. ZERO!!!!!!!!! DO. YOU. UNDERSTAND? now brad told you stage 2. wheel your ass up there! twenty put in a ramp at lars' direction. what f*ucking more do you need
Marv's stage name would be Ulysses S. Grant, and he'd do a slow strip tease out of a full Union uniform.

This actually might work. Let's get him an OnlyFans account, pronto.
 
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