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Bill to end taxes on SS reintroduced

Discussion in 'Too Hot for Swamp Gas' started by g8orbill, Feb 7, 2025 at 2:03 PM.

  1. citygator

    citygator VIP Member

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    BULLSHIT! Just what we need. The blood sucking boomers to get more breaks not paying the taxes on the $30 Trillion deficit. I hate this idea. Especially since they underfunded it anyway.

    It is entirely a coincidence that I dont get this benefit and support tax cuts that only help me.
     
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  2. gaterzfan

    gaterzfan GC Hall of Fame

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    [​IMG]
     
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  3. QGator2414

    QGator2414 VIP Member

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    That is certainly not the way I would approach it. I would look to eventually reduce the rate and the amount of income taxed.

    But since you brought up high income earners. I would also look to eventually have them not receiving anything.

    Certainly cannot do it overnight and would take decades. As this is a complete mess fdr created. But then we at least would have a safety net program and not a redistribution programs from the younger generations to the older generations.
     
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  4. citygator

    citygator VIP Member

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    What’s this double tax BS? You don’t pay taxes on the taxes. The tax is the funding. You get that money back. Then you pay taxes. I am not following that piece.
     
  5. neutrino_boi

    neutrino_boi All American

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    If we wanna talk about SS as income... let's talk about how it transfers money from men (particularly men of color and single men) to women (particularly white women and widowed housewives).
     
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  6. g8trjax

    g8trjax GC Hall of Fame

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    They're just getting warmed up...should be fun.
     
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  7. QGator2414

    QGator2414 VIP Member

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    We do disagree. Though I do believe we will do what you suggest. In 2025 the max taxable is $176,100.

    It is not right to tell our kids and grandkids that they will have work longer. Pay more. Receive less. So we can get ours.

    The good news is that most of us on Gator Country posting on too hot are fine and this is just a disagreement to bicker about. And our kids will likely be fine as well. But our kids friend that grows up working pay check to paycheck without the ability save like many of us can. Should be not subjected to paying more and receiving less.

    I think we need pay less and only provide for those that need it. A noble program. What SS was suppose to be.
     
    Last edited: Feb 8, 2025 at 8:04 AM
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  8. citygator

    citygator VIP Member

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  9. QGator2414

    QGator2414 VIP Member

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    But then some here can’t have their extra vacation. And of course they paid in so they should get what they were promised. Even if it is more than they paid for.

    In all seriousness. This is one way to make the point I am making.
     
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  10. neutrino_boi

    neutrino_boi All American

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    In general, the surviving spouse gets to keep the higher of their own earned SS income or their spouse. Women live a few years longer than men and men are usually born a couple years earlier than their wives. SS payouts doesn't consider race or gender, and white people live longer than POC (though Asian-Americans live roughly as long as Whites). Not claiming malice or intent, just doing math.

    All of these add up to women getting SS benefits from their dead husbands that she didn't, herself, earn.
     
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  11. citygator

    citygator VIP Member

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    If you are filing jointly with your husband you did earn the benefits would be the argument. She was denied that income while we were alive so she should benefit while she is alive. No sure how one could argue anything else.
     
  12. neutrino_boi

    neutrino_boi All American

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    Focusing on your last sentence "Not sure how one could argue anything else". Nordic countries, generally, don't have the notion of "surviving spouse" or "married filing jointly". If a couple chooses to do the whole single-earner thing, that's their business.. but there's not really any support structures for that. They subsidize having children directly, not SAHMs.
     
  13. citygator

    citygator VIP Member

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    How Nordic countries do it isn’t really relevant. If my wife forfeited the use of that income while she was alive she should get benefit. It’s like saying she didnt pay taxes for the roads she used as a SAHM so she can’t drive on them when I am dead. Silly argument.
     
  14. G8R92

    G8R92 GC Hall of Fame

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    But grocery prices are coming down under Trump so those people can give up that supplemental job. You're not implying otherwise, are you?
     
  15. neutrino_boi

    neutrino_boi All American

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    A SAHM doesn't earn income and doesn't pay taxes. To me, she's an economic zero. A pure burden. If you have internalized the legal fiction of income splitting -- the notion that half of an employed spouse's income is "actually" earned by the SAHspouse -- than you and I have such different values that we can never agree on political policy. So we might well end up on opposite sides of the next election... so it goes.
     
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  16. magnetofsnatch

    magnetofsnatch Rudy Ray Moore’s Idol Premium Member

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    A stay at home mom is an economic zero? Interesting. My wife has been “retired” since she got pregnant with our first child. She was 28. She has saved me countless dollars raising our kids and taking care of the home. She’s no economic zero to me.
     
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  17. Orange_and_Bluke

    Orange_and_Bluke Premium Member

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    Libbies don’t value it.
    If you ain’t giving money to the govt, you’re worthless apparently.
     
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  18. neutrino_boi

    neutrino_boi All American

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    Fine. I support the removal of tax breaks and SS benefits such that, if you've both made that choice, you'll be a provider for her if you choose but will bear the full cost of that. I don't hate you or your wife, and I actively support your kid(s) via taxes for public education, but I don't want my tax or SS dollars supporting your wife to avoid joining the labor force. Nothing personal -- as they say, don't hate the player, hate the game.
     
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  19. Orange_and_Bluke

    Orange_and_Bluke Premium Member

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    That’s faulty philosophy imo.
     
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  20. citygator

    citygator VIP Member

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    Weird. A couple is a legal entity similar but not exactly like a company and she is a shareholder in it. She is on the hook for nearly anything I agree to (taxes, property, liabilities, legal and health decisions) and should get any benefit I earn. That’s how a marriage entity operates.
     
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