TheCatSite.com › Forums › General Forums › IMO: In My Opinion › Obama on Social Security
New Posts  All Forums:Forum Nav:

Obama on Social Security

post #1 of 13
Thread Starter 
Why do politicians make everything so complicated.
Just take the dang cap off and be done with it, what is so hard about that?

http://apnews.myway.com/article/20080728/D926O27G0.html
post #2 of 13
Politicians always go the more complicated route, that way they can constantly demonstrate to us why we so desperately need their genius in Washington.
post #3 of 13
My take on it is that Obama would, as the old-time ranchers would put it, "consider it" - he would keep an open mind and participate in forming a plan as part of a team with a congressional bi-partisan group. Like a good president would - instead of trying to create "Obama World".
post #4 of 13
I have to say I like the plan. It's about time the rich of this country pay their fair share as well.
post #5 of 13
Quote:
Originally Posted by HopeHacker View Post
I have to say I like the plan. It's about time the rich of this country pay their fair share as well.

What makes you think they aren't?

http://www.taxesandgrowth.ncpa.org/n...eir-fair-share
post #6 of 13
Quote:
Originally Posted by HopeHacker View Post
I have to say I like the plan. It's about time the rich of this country pay their fair share as well.
So because someone makes more money than another, they should be penalized for it? I don't think so.
post #7 of 13
They aren't paying an equal share of their income as the person who makes less that 102,000. Those of who don't make that much money, pay on every cent we make. They get tax breaks galoure. The middle class and the lower middle class get end up bascially paying out the ying yang, while the rich sail along getting breaks and cuts everywhere you go. Personally, I think if a wealthy person is a caring individual they won't even accept Social Security, when and if they retire.

Me, being so unfortunate as to be a part of the working poor, just miss out on everything, but I have to pay to hilt for just being alive.

By the way, how is it penalizing them, to make them pay their fair share?
post #8 of 13
This makes me want to vote for him even more.
post #9 of 13
Quote:
Originally Posted by emrldsky View Post
So because someone makes more money than another, they should be penalized for it? I don't think so.
Taxes aren't a penalty. Social Security doubly so. I will eventually be in a place in this life where I pay a ton of money in taxes for things I will never ever use. However, they are for the social good, so I don't have a problem paying for them.
post #10 of 13
Thread Starter 
Are you serious? Rich people pay WAY more than poor people. I better go look up some links. "Tax breaks galore", maybe for the ultra ultra rich.
Since my brother and his wife went over $120,000.00 combined, they are in a39% tax bracket I think he said. Plus all the other multitude of taxes they pay as they both have their own business. Half the time my brother doesn't even take a pay check from his business.

Obama, at one time, before he waffled, said he would remove the cap on SS, it was the one and only thing I agreed with him on.



Quote:
Originally Posted by HopeHacker View Post
They aren't paying an equal share of their income as the person who makes less that 102,000. Those of who don't make that much money, pay on every cent we make. They get tax breaks galoure. The middle class and the lower middle class get end up bascially paying out the ying yang, while the rich sail along getting breaks and cuts everywhere you go. Personally, I think if a wealthy person is a caring individual they won't even accept Social Security, when and if they retire.

Me, being so unfortunate as to be a part of the working poor, just miss out on everything, but I have to pay to hilt for just being alive.

By the way, how is it penalizing them, to make them pay their fair share?
post #11 of 13
Quote:
Originally Posted by ckblv View Post
Are you serious? Rich people pay WAY more than poor people. I better go look up some links. "Tax breaks galore", maybe for the ultra ultra rich.
Since my brother and his wife went over $120,000.00 combined, they are in a39% tax bracket I think he said. Plus all the other multitude of taxes they pay as they both have their own business. Half the time my brother doesn't even take a pay check from his business.

Obama, at one time, before he waffled, said he would remove the cap on SS, it was the one and only thing I agreed with him on.
I don't have the figures and the tax know all to argue percents, so I will put it in laymans terms as I understand it. I am in the working poor class and my husband and I don't make enough money to get tax write offs at the end of the year. The only thing that helps us is our interest on our house payments. We don't have enough money to get health insurance etc. When I made more money last year we almost owed the IRS even filing 0 married filing at single status and we were still considered the working poor. If we made 100k between us I might be able to get health insurance and save some money. I would not feel the strain of taxes as much as I do now.
post #12 of 13
He's planning on taxing the people who will most likely turn down SS benefits.

Like I said it's all about how people feel about taxes. My husband and I realized long ago that in our life time we will pay more for things we never use, but are good for society. For example, we aren't having children, but if I posted in here about skipping my property tax I'd get flammed.

The wealthy have had tax cut after tax cut, to hear them rumble about a slight increase on SS is laughable.
post #13 of 13
Quote:
Originally Posted by lookingglass View Post
The wealthy have had tax cut after tax cut, to hear them rumble about a slight increase on SS is laughable.
They can AFFORD a good tax guy which shows yet another way that the wealthy can use their resources to keep the working class going down and some of the working class support those efforts - amazing what a good propaganda campaign can do
New Posts  All Forums:Forum Nav:
  Return Home
  Back to Forum: IMO: In My Opinion
TheCatSite.com › Forums › General Forums › IMO: In My Opinion › Obama on Social Security