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Trump Eyes Social Security Cuts By Slashing Payroll Tax
(www.commondreams.org)
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this post was submitted on 18 Apr 2024
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If they’re not planning to pay it back, why am I required to pay into it?
Do you forego all insurance or just some?
Social Security is a compulsory federal retirement plan.
You understand that the reason you have roads, schools, food safety, a legal system and all the other things is because you are a member of society.
Survival of the fittest means that it's unlikely that you would even exist, let alone have the ability or resources to use the internet to spread the rubbish like you just did.
Social security is a different kind of tax that is used to provide for you after you retire. This money is specifically for that and not roads and schools and things because we already pay other taxes for those things as well. If they take this money and use it for other things that's a broken promise for the people paying in.
I was always under the impression social security was established to get old people out of the labor pool so that the younger generation could actually find a job. That the social security tax we pay, pretty much just goes to an account used to pay the current pensioner's (and gets borrowed against constantly for other shit programs).
As an IT person I could still be doing my job into my 80's, with social security, I'm more tempted to step down and let someone with less experience take over. Remove social security and that will make it a lot harder for young (i.e. folks in their 20's/30's) people to find a decent job.
Maybe you’ve never looked at your payroll taxes, but you pay separately into Social Security. It’s independent from state and federal taxes.
I guess I’m fit enough to derive your intended thought from that garbled confusion of democratically socialized taxation and Darwinism. Lol
Hate to break it to you, but your only guaranteed death and taxes.
Social Security is not taxation. It’s a government socialized retirement program, independent of state and federal taxes.
It's not? So I don't have to pay it?
It’s compulsory, but withdrawn separately from your gross income. You’ll see it listed as a separate line on your pay stubs as well as your income tax form.
So it's a tax
It’s a retirement plan.
https://www.ssa.gov/prepare/plan-retirement
Great, but it's paid by taxes on the poor since it is capped up to a certain income. The rich pay less
There’s also a maximum payout every month. Technically speaking, it pays out more for people who live longer, so you’d be more correct in saying it’s taxes on the unhealthy.
Just because it's mandatory doesn't mean it's a tax.
If it's not a tax, the government doesn't have the right to require you to pay it. The Constitution actually outlines what the federal government can do. Everything else is the left to the States or the right of the individual
For example, in the constitutional challenge of Obamacare, it was ruled a tax, therefore constitutional.
A society cannot function when the workforce is not paid at sustainable levels. The social safety nets must be funded by those who can, less you risk collapse of society.That’s when guillotines come into play. When peaceful revolution is impossible violent revolution becomes inevitable.