Trump is trying to scam citizens by funding privatization with our tax dollars which is fraud/theft (1 Viewer)

[Razoo]

Donald Trump is trying to kill Social Security Insurance and Medicare Insurance by erasing the tax that funds both in the name of giving people more money to spend under the umbrella of COVID 19..........

Social Security Insurance can easily provide $1100 per month and Medicare Insurance picks up 80% of health care costs which is better than most who are paying for insurance

Rump the dumb is trying to scam citizens one more time by funding privatization with our tax dollars which is grand theft with a touch of fraud

Pelosi is concerned about the above no question about it.

 

[Schism]

"It's all true!" - Wild Eyed Hillary

 

[jpn]

Donald Trump is trying to kill Social Security Insurance and Medicare Insurance by erasing the tax that funds both in the name of giving people more money to spend under the umbrella of COVID 19..........

Social Security Insurance can easily provide $1100 per month and Medicare Insurance picks up 80% of health care costs which is better than most who are paying for insurance

Rump the dumb is trying to scam citizens one more time by funding privatization with our tax dollars which is grand theft with a touch of fraud

Pelosi is concerned about the above no question about it.

Actually it's just a suspension of withholding by employers, which ends January 1 at which time it's all due to the IRS. So no real loss to the SSA.

In reality, most employers aren't going to suspend the withholding because if they did, they'd still have to come up with the federal tax deposit in January anyway. Who's going to do that? Not many.

So just ignore Trump. He's flailing around like an inverted turtle trying to save his reelection chances by pretending to solve real problems. He doesn't have the expertise or the interest (nor do his surviving toadies) to really solve our problems.

 

[jpn]

"It's all true!" - Wild Eyed Hillary

"I'm really concerned about middle-class Americans!" - Our Lord in Chief



When I was a kid I had two really cool fire trucks. It never occurred to my parents to buy me toy limousines. I was lucky.

 

[Razoo]

Quote Originally Posted by Razoo

Donald Trump is trying to kill Social Security Insurance and Medicare Insurance by erasing the tax that funds both in the name of giving people more money to spend under the umbrella of COVID 19..........

Social Security Insurance can easily provide $1100 per month and Medicare Insurance picks up 80% of health care costs which is better than most who are paying for insurance

Rump the dumb is trying to scam citizens one more by funding privatization with our tax dollars which is grand theft with a touch of fraud

Pelosi is concerned about the above no question about it.

MSN 9 hours ago

But the most potentially far-reaching order concerns the payroll tax, which funds Social Security and part of Medicare. This order, along with comments Trump made at the signing ceremony, poses a mortal threat to the 64 million Americans who currently receive Social Security benefits and the hundreds of millions more who will receive benefits in coming decades.

If he's reelected, Trump said, he will "terminate" the payroll tax. Make no mistake: He's talking about bankrupting Social Security.

It's rare that a president has made such a compelling case for his own electoral defeat. Yet his campaign was so proud of this threat that it tweeted out Trump's words within minutes.

Social Security advocates weren't nearly so sanguine.

"This is all a very well thought-out campaign to undermine Social Security and Medicare," Wiliam F. Arnone, chief executive of the National Academy of Social Insurance, told me. The order threatens to "erode the economic security of millions of Americans, without bringing meaningful relief for unemployed workers or employers."

Rep. John B. Larson (D-Conn.) the sponsor of a proposal to expand Social Security, called the order "the single worst way to get relief to beleaguered Americans ... stealing from their retirement to make up for the administration’s failure to contain the virus."

He's right. We've written before that cutting or deferring the payroll tax does almost nothing for the vast majority of working Americans, not to mention those out of work, would overwhelmingly benefit the rich, and would knock the key source of financing out from under Social Security while opening the door to massive benefit cuts.

Trump's executive order boasts of its being a "modest, targeted action." It's anything but. The order says it will "put money directly in the pockets of American workers ... right when the money is needed most." It won't do that.

Trump nevertheless has been obsessed with the idea of a payroll tax cut, for reasons that are impossible to apprehend. One might not have thought this possible, but his executive order makes things even worse.

 

[aociswundumho]

Social Security Insurance can easily provide $1100 per month and Medicare Insurance picks up 80% of health care costs which is better than most who are paying for insurance.

If SS is such a great deal, then let people opt out if they want.

You won't of course, because younger people would opt out by the millions. Hell, even people who are 40 would be smart to get out of it if they could.

This is one of the many problems with welfare programs - there's a constant fight over who will do the paying and who will do the taking. They create resentment and hostility between people and the only winner is the rotten government.

 

[Mr Person]

<>
"It's all true!" - Wild Eyed Hillary

 

[SoCal]

If SS is such a great deal, then let people opt out if they want.

You won't of course, because younger people would opt out by the millions. Hell, even people who are 40 would be smart to get out of it if they could.

This is one of the many problems with welfare programs - there's a constant fight over who will do the paying and who will do the taking. They create resentment and hostility between people and the only winner is the rotten government.

A majority rules this country and they require SS regardless of your opinion. I'd like to opt out of the Numnuts administration and it's laws about rioters, but enough Americans put this idiot in the WH.

Our government is only as rotten as the people who're running it...

 

[Casper]

A majority rules this country and they require SS regardless of your opinion. I'd like to opt out of the Numnuts administration and it's laws about rioters, but enough Americans put this idiot in the WH.

Our government is only as rotten as the people who're running it...

All we have to do is dump the barrel and bring in fresh apples. After we wash the stink out first.

I might remind people that cancelling the payroll tax would also bankrupt this Nation, not just SS and Medicare. But then trump is no stranger to filing bankruptcy.

If trump were a Russian agent he could not do a better job of destroying this Nation.

Beginning to wonder if Congress can allow this insanity go on much longer or will they act.

 

[jpn]

If SS is such a great deal, then let people opt out if they want.
You won't of course, because younger people would opt out by the millions.

Voting in an "opt out" option would create a trillion plus dollar hole in the fund, since the current generation of workers pay for the current generation of recipients.

Of course younger people would opt out by the millions, and follow their idiotic impulses and end up with little for retirement and then vote to have the government bail them out.

SSA is better.

 

[SoCal]

All we have to do is dump the barrel and bring in fresh apples. After we wash the stink out first.

I might remind people that cancelling the payroll tax would also bankrupt this Nation, not just SS and Medicare. But then trump is no stranger to filing bankruptcy.

If trump were a Russian agent he could not do a better job of destroying this Nation.

Beginning to wonder if Congress can allow this insanity go on much longer or will they act.

Could an American president possibly bend over for Putin anymore? Under four years of Trump he literally hasn't uttered ONE, that's, ONE bad, negative, scornful, or angry word to our most dangerous adversary. But Democrats and our allies? According to Trump, they pose the real danger. He's a sick man, or al least a sick American.

Congress only does the bidding of their constituents who're the ones responsible for Trump. I stopped wondering about Trump's enablers who've allowed Trump's insanity to go on, a long time ago...

 

[Razoo]

Quote Originally Posted by Razoo

Donald Trump is trying to kill Social Security Insurance and Medicare Insurance by erasing the tax that funds both in the name of giving people more money to spend under the umbrella of COVID 19..........

Social Security Insurance can easily provide $1100 per month and Medicare Insurance picks up 80% of health care costs which is better than most who are paying for insurance

Rump the dumb is trying to scam citizens one more by funding privatization with our tax dollars which is grand theft with a touch of fraud

Pelosi is concerned about the above no question about it.

MSN 9 hours ago

But the most potentially far-reaching order concerns the payroll tax, which funds Social Security and part of Medicare. This order, along with comments Trump made at the signing ceremony, poses a mortal threat to the 64 million Americans who currently receive Social Security benefits and the hundreds of millions more who will receive benefits in coming decades.

If he's reelected, Trump said, he will "terminate" the payroll tax. Make no mistake: He's talking about bankrupting Social Security.

It's rare that a president has made such a compelling case for his own electoral defeat. Yet his campaign was so proud of this threat that it tweeted out Trump's words within minutes.

Social Security advocates weren't nearly so sanguine.

"This is all a very well thought-out campaign to undermine Social Security and Medicare," Wiliam F. Arnone, chief executive of the National Academy of Social Insurance, told me. The order threatens to "erode the economic security of millions of Americans, without bringing meaningful relief for unemployed workers or employers."

Rep. John B. Larson (D-Conn.) the sponsor of a proposal to expand Social Security, called the order "the single worst way to get relief to beleaguered Americans ... stealing from their retirement to make up for the administration’s failure to contain the virus."

He's right. We've written before that cutting or deferring the payroll tax does almost nothing for the vast majority of working Americans, not to mention those out of work, would overwhelmingly benefit the rich, and would knock the key source of financing out from under Social Security while opening the door to massive benefit cuts.

Trump's executive order boasts of its being a "modest, targeted action." It's anything but. The order says it will "put money directly in the pockets of American workers ... right when the money is needed most." It won't do that.

Trump nevertheless has been obsessed with the idea of a payroll tax cut, for reasons that are impossible to apprehend. One might not have thought this possible, but his executive order makes things even worse.

case in point .......

 

[Razoo]

Who wants these items attached to their medical insurance coverage?

Medicare funds much of the expensive equipment hospitals use, for instance, along with all medical residencies.


Does anyone know anyone who claims disdain for Social Security Insurance that did not file for their Social Security Insurance? Out of disdain? SSI does not magically appear in the bank accounts.

SSI also continues to pay the monthly medicare premium through "automatic withdrawal" so to speak.

How bad are these two coverages?

 

[SCrider]

"I'm really concerned about middle-class Americans!" - Our Lord in Chief

View attachment 67290954

When I was a kid I had two really cool fire trucks. It never occurred to my parents to buy me toy limousines. I was lucky.

This could be the douchiest picture I've ever seen....

 

[Razoo]

Social Security Insurance can easily provide $1100 per month and Medicare Insurance picks up 80% of health care costs which is better than most who are receiving insurance through the rip off industry.

 

[sjmay]

Social Security Insurance can easily provide $1100 per month and Medicare Insurance picks up 80% of health care costs which is better than most who are receiving insurance through the rip off industry.

Who the **** is surviving on $1100 a month?

 

[Lfl]

Why would anyone be surprised that Trump is a fraud and a crook?

 

[Helix]

Trump is trying to scam citizens by funding privatization with our tax dollars which is fraud/theft

that's sort of the entire Republican party boiled down into a sentence.

 

[Razoo]

Quote Originally Posted by Razoo

Donald Trump is trying to kill Social Security Insurance and Medicare Insurance by erasing the tax that funds both in the name of giving people more money to spend under the umbrella of COVID 19..........

Social Security Insurance can easily provide $1100 per month and Medicare Insurance picks up 80% of health care costs which is better than most who are paying for insurance

Rump the dumb is trying to scam citizens one more by funding privatization with our tax dollars which is grand theft with a touch of fraud

Pelosi is concerned about the above no question about it.

MSN 9 hours ago

But the most potentially far-reaching order concerns the payroll tax, which funds Social Security and part of Medicare. This order, along with comments Trump made at the signing ceremony, poses a mortal threat to the 64 million Americans who currently receive Social Security benefits and the hundreds of millions more who will receive benefits in coming decades.

If he's reelected, Trump said, he will "terminate" the payroll tax. Make no mistake: He's talking about bankrupting Social Security.

It's rare that a president has made such a compelling case for his own electoral defeat. Yet his campaign was so proud of this threat that it tweeted out Trump's words within minutes.

Social Security advocates weren't nearly so sanguine.

"This is all a very well thought-out campaign to undermine Social Security and Medicare," Wiliam F. Arnone, chief executive of the National Academy of Social Insurance, told me. The order threatens to "erode the economic security of millions of Americans, without bringing meaningful relief for unemployed workers or employers."

Rep. John B. Larson (D-Conn.) the sponsor of a proposal to expand Social Security, called the order "the single worst way to get relief to beleaguered Americans ... stealing from their retirement to make up for the administration’s failure to contain the virus."

He's right. We've written before that cutting or deferring the payroll tax does almost nothing for the vast majority of working Americans, not to mention those out of work, would overwhelmingly benefit the rich, and would knock the key source of financing out from under Social Security while opening the door to massive benefit cuts.

Trump's executive order boasts of its being a "modest, targeted action." It's anything but. The order says it will "put money directly in the pockets of American workers ... right when the money is needed most." It won't do that.

Trump nevertheless has been obsessed with the idea of a payroll tax cut, for reasons that are impossible to apprehend. One might not have thought this possible, but his executive order makes things even worse.

The One Percent Are Cheating Us Out of a Quarter-Trillion Dollars in Taxes Every Year – BillMoyers.com

The next time you hear conservative politicians insist they want “law and order,” hate “looting,” and believe America can’t afford new government programs, show them two landmark reports that emerged in the last twenty-four hours.

The first report came from the nonpartisan Congressional Budget Office (CBO), which found that between 2011 and 2013, $381 billion in taxes went unpaid every single year. Couple that data with recent Harvard University research showing that the top one percent of income earners are responsible for 70 percent of the tax gap, and you see the full picture: The wealthiest sliver of the population is depriving the American public of about $266 billion of owed tax revenue every year.

That tax gap didn’t just magically happen — it is the result of conservatives’ huge cuts to the Internal Revenue Service’s enforcement budget, which resulted in a particularly precipitous decline in audit rates for the superrich. In fact, the $266 billion figure could be an understatement, because the congressional budget analysts were estimating the tax gap that existed before those IRS budget cuts.

“With the money that these tax cheats owe, this year alone, we could fund tuition-free college for all, eliminate child hunger, ensure clean drinking water for every American household, build half a million affordable housing units, provide masks to all, produce the protective gear and medical supplies our health workers need to combat this pandemic, and fully fund the U.S. Postal Service,” said Senator Bernie Sanders, who requested the CBO study. “That is an absolute outrage, and this report should make us take a long, hard look at what our national priorities are all about.”

“Shifting Over $1 Trillion in Profits Every Year to Corporate Tax Havens”