The GOP Plan is the Biggest Tax INCREASE in American History, By Far

do you read your own posts

 

No I write them no need to go back and read them. Try again

Are you denying that the red Southern states have a disproportionate black population and that blacks are disproportionately on government subsistence?

 

Libs would criticize the tax plan if it paid off the national debt, doubled our Social Security payments, and cured cancer.

Don't believe a word they say.

 

how do define disproportionate, are you saying southern blacks are lazy and without them, red states would be better off

 

I hope you think more clearly than you write.
If you are proposing a calculation of lifetime earnings by multiplying $58K times 40 years, you already have rendered the whole thing invalid. Nobody earns $58K every year starting with their first year working. So that calc. would be meaningless and therefore worthless.

Secondly, my numbers only calculated my own SS FICA deductions, starting with just less than $700 for the year 1965. If you want to include employer contributions, all my numbers need to be doubled.

But this is all a pointless discussion until we re both in agreement as to what we're discussing, and I'm not discussing returns. SS is not an investment, so discussion of "negative return" and "leaving the money to someone" is irrelevant. That's not S.S. and if you want to discuss SS, you need to discuss SS, which more closely resembles and insurance plan.

 

What a cute way to justify your own partisan rejection of everything not trump.

 

The only true part of that is that the rich can live a rich lifestyle on very little taxable income. The key word being " taxable". When the rich write the laws the laws will favor the rich. The current tax cuts are a perfect example. Capital wins overwhelmingly and labor loses.

 

So claims Democrats politicians who probably haven't read the plan (its not like they're all experts in tax law anyways) and liberal media who would surely never bend the truth to paint any Republican idea as bad.

A 20 year projection that has as many dissenting opinions as it has supporters.

Guess we'll wait and see wont we?

 

Well perhaps you can post the dissenting opinions.

And silly to talk about Democrats not having read the plan since apparently nobody has actually read the entire mess.

 

Everybody has read "the mess" The issue is that the House and Senate bills are somewhat different. Other than reconciling the two, the Fat Lady has already sung.

 

I'll give you a hint in how to find them.

When you Google, go back 30+ pages till you've passed all the results favoring leftist opinions that Google intentionally gives more weight to.

 

It's actually really sad. I've never read so much skewed dogma and "FAKE NEWS" about this bill since Trump was running for President. Lies, lies, and then more lies. For what's worth, I'm a CPA.
I've gotten quite a few good belly laughs reading the leftist drivel and outright false propaganda. It would be humorous, if not so sad. There's a whole lot of dumbazz up in heah, and in the media.

 

I used median wage to make a point. Second, I'm discussing the short comings of ss. Ass in, you lose money, it's not your asset and you can't leave it to a beneficiary. If it's insurance, it's the worst policy ever.

Im glad you are enjoying the short of the stick. Ignorance is bliss. Please stop forcing me to indulge in something that is such a detriment.

 

Learn about the history surrounding the creation of SS. Then learn or consider the difference between a defined benefit plan and a defined contribution plan. You are objecting that a plan that is mostly a defined benefit plan, doesn't operate like a defined contribution plan. I can object that a Ford isn't a Toyota but it is pretty meaningless.

 

SS was created during a swirl of catastrophic economic decisions in combination with court packing, but that is moot in consideration of current issues. Regardless of contribution or benefits being defined, a cost/benefit analysis is required. In this case, the American public is getting a terrible value for a life of contributions. That is not even questionable. There are very few that are actually better off with ss while the VAST majority are negatively impacted. If we were to take your car analogy, I'm being forced to pay a couple hundred grand for a camry.

 

The true part is all of what I wrote.

The players in government who pretend to be champions for the poor are anything but. If someone wants to learn who is making it difficult for people to improve their economic conditions, look no further than the people holding the carrot in front of their faces.

 

I think PCR was Sec Treasury under Reagan. http://www.informationclearinghouse.info/48341.htm

I'm going to go with his analysis over yours.

 

So you can't find them either!

 

That is irrelevent to the fact that the share of American wealth is increasing moving away from the lower and middle classes and toward the top 1%. The reason is simple. The rich write the laws and the laws favor capital over labor.

 

And States with a large number of retirees on Social Security and pensions, you want to cut off social security and those pensions?

 

fyi, social security is what you put into, and fyi, republicans are backing a plan to cut social security

 

You already violated that by exempting inheritance.

 

Compared to the views expressed in your posts I take that as a compliment.

 

No, you said they prosper the most from big blue states, or whatever. I can't go back to the post for some reason now and can't remember word for word what you'd said. But you were talking about our low wages, etc., and I'm telling you that you forgot to mention our low cost of living. My 4 bedroom house and 3.2 acres would sell for $300,000+ up north while down here it sells for $150,000.

 

Obama destroyed 8 years of the Social Security Trust fund. Trump has been President less than one year and already he has added a year to the Trust-fund. If he keeps this up through the rest of his two terms and Pence does the same, it will carry Social Security through the Peak retirement of the Baby Boomers.