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View Diary: Republicans: While we're at it, let's just throw Social Security into the ransom note (150 comments)

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  •  Hope Obama says, "yes, let's fix SS" (18+ / 0-)

    I hope he says, " let's fix Social Security by removing the cap so that all  pay their fair share, and further fixing it so that all recipients have a living wage."  

    None of this chained CPI stuff.

    Displaying a picture of House Majority Leader Eric Cantor (R-VA) and seven GOP colleagues sitting opposite empty chairs in a conference room, Maddow cracked, “Nobody learned anything from the Republican National Convention last year.”

    by sailmaker on Thu Oct 10, 2013 at 01:03:39 PM PDT

    •  Means Test SS? (2+ / 0-)
      Recommended by:
      elwior, OldDragon

      by all means raise the cap and allow larger benefit amounts to follow but please do not means test, or institute minimum benefit amounts.

      SS should remain a vehicle for employees to insure their wages and nothing more.

      •  Lord no. No means test. (4+ / 0-)

        Raise the least some one can get to say $15K/year.

        Displaying a picture of House Majority Leader Eric Cantor (R-VA) and seven GOP colleagues sitting opposite empty chairs in a conference room, Maddow cracked, “Nobody learned anything from the Republican National Convention last year.”

        by sailmaker on Thu Oct 10, 2013 at 02:06:38 PM PDT

        [ Parent ]

        •   (1+ / 0-)
          Recommended by:
          elwior

          The average monthly Social Security benefit for a retired worker was about $1,230 ($14,760yr) at the beginning of 2012.

          Social Security had a minimum benefit in the 1970s, but after Supplemental Security Income benefits went into effect in 1974, there was no need for a minimum.Many people have suggested a minimum benefit, with a proposal based on the federal poverty guidelines. A minimum might assist minimum-wage earners at retirement but would substantially change the RSDI and SSI programs.

          I could imagine that it would remove SSI as an option for a majority of people. To increase the minimum all teh way to $15k a year would require additional revenue I would assume that means lifting the cap and using that revenue but that is ALMOST means testing :)

      •  All means testing will do is see those who have (2+ / 0-)
        Recommended by:
        elwior, JVolvo

        flexibility in how they get paid, in capital gains taxed stock and the like, make sure they manipulate that so they don't get penalized, no matter how much they make. Gotta make the other stuff payroll taxable, too, to avoid that.

        •  No, what means testing will do (4+ / 0-)

          is make Social Security a welfare program.

          Social Security is only there to insure a portion of a wage earners lifetime earnings.

          Capital Gains, etc have nothing to do with SS and Idon't think including income other than wages in the program is right. What do people being paid in capital gains etc have to do with lower lifetime income earners only being able to collect a smaller benefit? Do you intend to take others money and distribute to them?

          This is not the social program you are looking for ~~Jedi Wave~~

          Many welfare, Means Tested benefits are already available to retirees and disbaled individuals. Such as teh Supplemental Security Income program (SSI). It is administered by SSA in each state and is based on poverty guidlines. States also can supplement the monies received by individuals on SSI.

          •  Yep.. I've been Means tested.. (1+ / 0-)
            Recommended by:
            apimomfan2

            & it is MEAN. Read: Destitute. I was almost there, not quite..
            I think everyone should try this to see what it MEANS (ha.. get the pun..)

            SS = This is Social Insurance... like AFLAC.. but better. It is already taken out of your check. Automagically. At least mine anyway from a young strapping 16y/o...

            Read your check stubs.

            (Read your bills too. Ask the R's why soo many redundant taxes?)

            Raise SS contributions up to $250k/yr - problem solved.

            This is all they come to negotiate with?! All the same shit it was over a year ago?! This is all they can come up with?! The same stupid Ryan plan!? That Ryan goon is no saviour..

            At least my collective anger is shared here.. grrr...

            •  My point does not conflict with objections to the (1+ / 0-)
              Recommended by:
              sillycarrot

              means test.

              My point is that since the payroll tax is meant to tax a percentage of what you get in exchange for services, hourly or otherwise, then those who are arranging the means of payment so that it is not taxable, for the services they render the payor, should also contribute to the SS fund on that.  One of the problems of SS rightnow is that so many of the people who used to pay, arent, and the number of payors through their checks has dropped from 90% to 82%, which is millions of workers and their receipts for labor, and their payroll taxes are missing from a system which was designed to have 90% participation  - no wonder money is running short.

    •  He said it during his first presidential campaign. (0+ / 0-)

      "We the People of the United States...." -U.S. Constitution

      by elwior on Thu Oct 10, 2013 at 03:15:09 PM PDT

      [ Parent ]

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