Ilhan Omar refuses to Condemn al Qaeda or Communism.

Who pays for medicare?

 

I'll help you.

https://www.forbes.com/sites/ebauer...he-social-security-earnings-cap/#1b7380442b23

 

As referenced in an earlier article, in 2017, Senator Bernie Sanders has introduced not-going-anywhere legislation to tax wages and investment income above $250,000 and direct the proceeds to Social Security to extend solvency and boost benefits. Now, as of last week Monday, Senators Chris Van Hollen (D-Md.) Richard Blumenthal (D-CT) introduced legislation, the "Social Security 2100 Act," the text of which appears to be modeled off earlier legislation which applies Social Security taxes to income over $400,000 (with no apparent inflation adjustment) with trivial benefit accruals. (The proposal also includes other changes including setting a minimum benefit at 125% of the single individual poverty line, that is, $18,825, for a 30-year working lifetime with average-wage increases afterwards, increasing employer and employee contributions by 1.2 percentage points in a graded fashion, and merging the Old Age and Disability Trust Funds into a single Trust Fund.)

 

Who has proposed that?

 

And Donald Trump has yet to condemn fascism.

 

So let's tax blue collar workers so much they can't go to the doctor or buy a house....... Brilliant idea

 

"can't go to the doctor" - They would have medicare sir.

 

What do you think will happen if there is Medicaid for all ? We just pull money off the money tree? We somehow manage to make uber rich pay taxes? Fat chance

 

Will they have gas money? Will they afford rent ?

 

We tax people like we tax them for Medicare now, however employers and employees would no longer pay for private insurance, a wash.

How much do you pay for insurance now?

 

I don't read links. If you can't explain it you don't understand it.

 

what the holy **** are you talking about.

 

SS taxes are only charged for income up to about 125k. charging up to unlimited would solve all issues.

do you not understand that??

 

Is the below a secret to people who claim SS is insolvent???

This means that, regardless of how much income you earn, you'll pay no more $8,240 in Social Security taxes. This is an increase from 2018, when the limit was set at $128,400.Apr 1, 2019
Social Security Tax Limit (Wage Base) for 2019 - SmartAsset

https://smartasset.com/retirement/social-security-tax-limit

 

I'll help you learn.

What is the maximum Social Security contribution for 2018?
$128,400

For 2018, the maximum amount of Social Security taxes you'll have to pay as an employee is $7,960.80. To understand where this number comes from, it's important to understand how Social Security taxes work. Social Security taxes are assessed on all wages earned, up to a capped maximum. In 2018, the cap is $128,400.Dec 10, 2017
What Is the 2018 Maximum Social Security Tax? -- The Motley Fool

https://www.fool.com/investing/.../what-is-the-2018-maximum-social-security-tax.aspx

 

Read what I am pasting.

Now, here's where things get interesting. If the cap were removed completely and, like Medicare, all earned income were exposed to program taxation, then it would almost certainly erase the $13.2 trillion cash shortfall Social Security is facing between 2034 and 2092. The reason the cap hasn't been increased substantially to ensure that less income escapes taxation has to do with the aforementioned cap on monthly payouts at full retirement age, as well as the inability of Republicans and Democrats to agree on an amicable solution to the program's cash shortfall.

In other words, even though the cap is rising, more income than ever is likely to escape Social Security's payroll tax.

 

Sure but I don't understand the relevance.

 

I've reported this to the FBI. can't be too careful with crazies these days.

 

You made a claim that SS is not sustainable. I proved you wrong. You have ignored all evidence.

Now, here's where things get interesting. If the cap were removed completely and, like Medicare, all earned income were exposed to program taxation, then it would almost certainly erase the $13.2 trillion cash shortfall Social Security is facing between 2034 and 2092. The reason the cap hasn't been increased substantially to ensure that less income escapes taxation has to do with the aforementioned cap on monthly payouts at full retirement age, as well as the inability of Republicans and Democrats to agree on an amicable solution to the program's cash shortfall.

In other words, even though the cap is rising, more income than ever is likely to escape Social Security's payroll tax.

 

So if you're committed to steal from people through more taxation that was supposed to be for a fund that they would pay into they would get receipt from then you can find it.

So a Robin Hood the government which makes no sense because Robin Hood was stealing from the government who was stealing from the people to enrich itself.

That's a stupid idea.

 

Lol good post, I admit when I screw up...

 

Just to remind you. You do not understand how we can fund SS.

If the cap were removed completely and, like Medicare, all earned income were exposed to program taxation, then it would almost certainly erase the $13.2 trillion cash shortfall Social Security is facing between 2034 and 2092.

 

Holy**** Medicare for all bankrupting blue collar families ffs

 

So you agree there is a solution, you just think it's not fair to millionaires.

Got it!!!!!!

 

What is the number one reason "blue collar families" go bankrupt?

Guess!!!!!