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LiberalArkie

(15,715 posts)

65. As soon as that is done, SS becomes an entitlement and not an earned benefit.

Reply to marble falls (Reply #1)

Sat Mar 23, 2024, 12:02 PM

Mar 23

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Social Security and the life expectancy meme: the age of SS cutting is upon us again. [View all] jaxexpat Mar 23 OP

There should be a means test that would keep people like my dad from drawing it. As I told him many times ... marble falls Mar 23 #1

Actually it was designed to even give money to the wealthy. The strength of its support was it was not need based karynnj Mar 23 #15

You said what I was going to say TxGuitar Mar 23 #28

this is exactly y i oppose scrapping the cap. mopinko Mar 23 #16

There is no reason to keep the payments Voltaire2 Mar 23 #41

changing that changes the whole thing. mopinko Mar 23 #48

No it doesn't. It changes one aspect. Voltaire2 Mar 23 #53

No it doesn't. That's ridiculous. Voltaire2 Mar 23 #61

that was teddy kennedy's take. mopinko Mar 23 #76

Well Biden's 'take' is eliminate the cap for Voltaire2 Mar 23 #79

u got a link for that? mopinko Mar 23 #80

Sure. Voltaire2 Mar 23 #81

that's medicare, not fica. it never had a cap. mopinko Mar 23 #82

and this isnt 'scrap the cap' mopinko Mar 23 #83

It actually is. It is the long standing Democratic platform Voltaire2 Mar 23 #99

no it isnt. mopinko Mar 23 #104

No it is also Medicare. Voltaire2 Mar 23 #97

. mopinko Mar 23 #106

Some comments. jaxexpat Mar 23 #66

Lol. You must be present on your cellphone this morning!? KPN Mar 23 #68

Thanks The Bopper Mar 23 #86

if teddy kennedy's position is a rw talking point now, mopinko Mar 23 #92

There's no reason there cant be a cap on payouts too. oldsoftie Mar 23 #121

Social security income is Progressive dog Mar 23 #128

Payments are tied to contributions OrangeJoe Mar 23 #132

Also Rebl2 Mar 23 #19

I paid into my SS for 40 years.... TxGuitar Mar 23 #27

When you drive your insured car with no claims, should the insurance company give you back your payments ... marble falls Mar 23 #59

Are you including employer's share in your totals? jaxexpat Mar 23 #72

Um no. And by no I mean no fucking way. Voltaire2 Mar 23 #36

Employer's share OrangeJoe Mar 23 #134

A means test makes it a form of welfare drmeow Mar 23 #37

employers put in the same amount as u. mopinko Mar 23 #50

Disagree TimeToGo Mar 23 #47

My husband died at 70 BonnieJW Mar 23 #62

I'm sorry for your loss. area51 Mar 23 #137

I don't see it that way Skittles Mar 24 #141

As soon as that is done, SS becomes an entitlement and not an earned benefit. LiberalArkie Mar 23 #65

It is an entitlement means you ARE entitled to receive the benefit that you JohnSJ Mar 23 #110

It's an entitlement because Congress passed a law saying you're entitled to it. Igel Mar 23 #114

You are entitled to it because you have been paying into it. As for your JohnSJ Mar 23 #116

I've never understood the negative connotation with "entitled" oldsoftie Mar 23 #120

No means test. It will destroy SS...raise taxes so the rich pay their fair share. Demsrule86 Mar 23 #71

The asses who want to raise the age to 70 or 85 are the same ones who would never hire anyone over 50. CousinIT Mar 23 #88

Bill Gates & Donad trump dont need SS. oldsoftie Mar 23 #123

Nope. Freethinker65 Mar 23 #130

Right on, raising retirement age is not the only fix available. Take the income cap off SS taxes. And... dutch777 Mar 23 #2

imho the best fix is to include capital gains. mopinko Mar 23 #17

Totally agree drmeow Mar 23 #40

Holy crap! It's only March. Your partner must make bank. jimfields33 Mar 23 #51

This was for last year, not this year! drmeow Mar 23 #69

Thanks. I wish you both well! jimfields33 Mar 23 #101

my ex hit the cap early every yr for decades. mopinko Mar 23 #78

A MAGA Republican retiree will say they won't cut our SS, it's the future doc03 Mar 23 #3

Yes, exactly. Mariana Mar 23 #57

The actual age at which a person can collect SS PoindexterOglethorpe Mar 23 #4

That's wrong. Your SS benefits are taxable Voltaire2 Mar 23 #42

true but not true Tickle Mar 23 #45

Your income is always taxable. Voltaire2 Mar 23 #49

I mean no disrespect Tickle Mar 23 #58

Yours won't be if your other income Voltaire2 Mar 23 #60

If you go over a certain amount of income Lifeafter70 Mar 23 #67

Could it be they were refering to state taxes? Lifeafter70 Mar 23 #84

Taxable and actually losing $1.00 for each $2.00 earned over a set amount PoindexterOglethorpe Mar 23 #113

oh it's always been upon us since the day it started Tickle Mar 23 #5

The 401K, I think, was designed by big corporations as a way to avoid giving actual pensions. viva la Mar 23 #11

When 401k first came out my employer said this Emile Mar 23 #22

My employer sneakily went from a 5-year vesting in the pension to 10 years.... viva la Mar 23 #35

Cut the crap- raise the cap. FalloutShelter Mar 23 #6

Heard Raise The Cap For Decades modrepub Mar 23 #7

it gets raised every year, but somehow it's not part of the convo. mopinko Mar 23 #18

It gets COLA every year. Voltaire2 Mar 23 #43

How are Republicans going to be able to afford those huge tax cuts for the wealthy??? RAB910 Mar 23 #8

Remove the caps. Let rich people pay their fair share. Meadowoak Mar 23 #9

that is far in excess of what's needed. mopinko Mar 23 #20

No reason to not cap benefits. Voltaire2 Mar 23 #44

except that it changes the fundamentals of the program. mopinko Mar 23 #52

It may be in excess of what we need, but why should we Meadowoak Mar 23 #105

cuz it's a basic program for basic protection. mopinko Mar 23 #107

How much of a business owners revenue comes from Meadowoak Mar 23 #112

And life expectancy for people who don't work in comfort... viva la Mar 23 #10

You didn't mention the other part that raised my hackles; killing the widow(ers) and children's benefit. flying_wahini Mar 23 #12

You're quite right. I didn't try to expose all their intentions, though. I don't type well. jaxexpat Mar 23 #21

we only get half, anyway. mopinko Mar 23 #23

I wonder how much Social Security saved because of Covid? CanonRay Mar 23 #13

it night b offset by increased disability. mopinko Mar 23 #24

Decline in life expectancy due to COVID-19 (CDC) Bo Zarts Mar 23 #31

All the people who weren't working because their place of employment shut down didn't pay anything into SS MichMan Mar 23 #32

Life expectancy is longer because infant mortality Emile Mar 23 #14

Also, women's life expectancy is improved by modern prenatal care. It's an easier world to grow up in. jaxexpat Mar 23 #30

Exactly, another great point. Emile Mar 23 #33

Your math doesn't work. Igel Mar 23 #118

Don't understand a single sentence. Can you rephrase? jaxexpat Mar 23 #136

Wow DENVERPOPS Mar 23 #63

It raised one year out of the last twenty. Emile Mar 23 #85

Thx DENVERPOPS Mar 23 #98

Depends greatly on part of the country JT45242 Mar 23 #87

Thx DENVERPOPS Mar 23 #93

It should have been a lock box from day one - nobody raiding it for anything else. TBF Mar 23 #25

The only presidential candidate I know of to ever use the "SS lock-box" as a campaign plank was Al Gore. jaxexpat Mar 23 #34

It hasn't been raided. Voltaire2 Mar 23 #46

Is there somewhere DENVERPOPS Mar 23 #74

Google. Igel Mar 23 #119

If you think it has not been raided where in the hell have you been? Stargazer99 Mar 23 #127

It is interesting DENVERPOPS Mar 23 #138

Most successful social program of all time Johnny2X2X Mar 23 #26

And how are you supposed to survive after age 65 no_hypocrisy Mar 23 #29

repubs have told DownriverDem Mar 23 #38

Republicans need to practice what they preach and refuse SS benefits as a matter of personal ethics. Chainfire Mar 23 #55

It is an entitlement. You are entitled to a payment because you have been paying JohnSJ Mar 23 #108

The SSA disagrees. Igel Mar 23 #122

The benefit base for 2024 is $168,600 Shermann Mar 23 #39

Good point except it seems to play into the falsehood that Social Security is a tax based program. jaxexpat Mar 23 #75

False dichotomy, it can be a contribution to a benefit program and be a tax. Shermann Mar 23 #100

A lifetime record of taxes paid will not determine your monthly SS retirement check. jaxexpat Mar 23 #109

Form W-2 Box 4: Social security tax withheld Shermann Mar 23 #117

You retirement money could be better spent by the wealthy on necessities like yachts and vacation homes. Chainfire Mar 23 #54

Republicans want old, hungry, desperate and are willing to work cheap labor pool Emile Mar 23 #56

Okay, let's start with the foundations... GiqueCee Mar 23 #64

Absolutely love the passion-n-logic of your rant, GC. I think I'll go out onto the balmy patio's 75 and think on it. jaxexpat Mar 23 #77

Central Vermont... GiqueCee Mar 23 #90

It's a burden. jaxexpat Mar 23 #95

That's why we need to put trump back. Turbineguy Mar 23 #70

Every percent Traildogbob Mar 23 #73

I'm one of those who had to wait until 67 and I am LIVID. CousinIT Mar 23 #89

I got mine so screw you is a republican trait. Emile Mar 23 #91

Absolutely. I hear it from them every day. That, and.. CousinIT Mar 23 #94

General information about Social Security for the curious Silver Swan Mar 23 #96

That can't be right. Igel Mar 23 #124

Everyone who pays into social security deserves to get social security regardless of income. What JohnSJ Mar 23 #102

Exactly right FakeNoose Mar 23 #139

I am not in favor... Mike Nelson Mar 23 #103

We ascend a slippery slope when we oblige a political institution to define "need". jaxexpat Mar 23 #111

These seem to be contradictory MichMan Mar 23 #131

Bet money we'll still be sitting here in 10 years with little or nothing done to bolster SS. Raising the cap appreciably Silent Type Mar 23 #115

I started collecting at 62 for 3 reasons. oldsoftie Mar 23 #125

Should go by life expectancy for 21 year olds Kaleva Mar 23 #126

It shouldn't go by life expectancy. Elessar Zappa Mar 24 #142

Why is 65 or 67 the magic number? Kaleva Mar 24 #143

George Carlin once said orangecrush Mar 23 #129

Smart bettors do not argue with Carlin's ghost. jaxexpat Mar 23 #135

What killed men off when SS was devised was alcohol Warpy Mar 23 #133

Lower the retirement age and expand the benefit. Tactical Peek Mar 24 #140