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Message 1 of 74
rk posted..

So allowing a person to keep a bit of his own earned income is not taking it from someone else.



Wealth redistribution does smack of socialism.



BTW - there is no Reb. Tax Law.

==========================

Well said.

There are ways today that are wealth redistribution...the two biggest are income taxes and property taxes.
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Message 2 of 74

@rk9152wrote:

@john258wrote:


So you are telling us that the Reb. Tax law was really a Socialist project as it takes money from the middle class and gives it to the top 1%. You supported that law so we now hear from you that you have become a standard Socialist. Well we have seen Trump do that time and time again  so it must be the new far right.


So allowing a person to keep a bit of his own earned income is not taking it from someone else.

 

Wealth redistribution does smack of socialism. 

 

BTW - there is no Reb. Tax Law.


Rk, what you need to really understand is that your idea of what is wealth redistribution is perhaps not correct?
Perhaps there are many other meanings and ways of redistributing wealth that do not "smack of socialism"?   sorry, RK  but you only present one way, and we all know that there are many ways.

no name
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Message 3 of 74

@john258wrote:


So you are telling us that the Reb. Tax law was really a Socialist project as it takes money from the middle class and gives it to the top 1%. You supported that law so we now hear from you that you have become a standard Socialist. Well we have seen Trump do that time and time again  so it must be the new far right.


So allowing a person to keep a bit of his own earned income is not taking it from someone else.

 

Wealth redistribution does smack of socialism. 

 

BTW - there is no Reb. Tax Law.

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Message 4 of 74

@NOTHAPPENINGwrote:

@Olderscout66wrote:

One more time for the mathematically challenged:

 

$1,983Billion = Income BETWEEN $125,000 and $250,000

$    246Billion = +FICA collected with cap at $250,000

$   957Billion = Total revenue collected in 2017

$1,205Billion = new total collected for 2018

$   987Billiom = total outlay in 2018

$   218Billion = INCREASE in SSTF in 2019 vs projected $34B.

 

The "offset" is the higher payments to those earning between $125,000 and $250,000 who would retire in 2019.

1.Average income subject to the SS "Cap" from 1987 until 2017,(the 30 years used to calculate SS annuity) = $85,902. Annuity payable = $28,178 (90% first $791, 32% next $3,977, 15% all over $4768)

2. Average from 1988 to 2018 with $250K cap = $93,187. Annuity payable = $29,216, and increase of $1038 PER YEAR

3. TOTAL number of persons turning 65 in 2019=3,650.000

4. Number in the +250K income bracket = 13.2% or 480,000

5. TOTAL increase in outlay with $250,000 cap $4.9BILLION, or about half the interest earned on the additional $218B in revenue

 

So good people, do you want to work longer and receive less than you've been promised for the last 30 years, or do you want to

VOTE OUT THE NRAGOP AND SAVE SS...

AND YOUR GRANDKIDS


So the standard Socialist MO again - redistribution of money. It's simple when you have the brilliant idea to take other people's money and give it to others.


So you are telling us that the Reb. Tax law was really a Socialist project as it takes money from the middle class and gives it to the top 1%. You supported that law so we now hear from you that you have become a standard Socialist. Well we have seen Trump do that time and time again  so it must be the new far right.

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Message 5 of 74

@Olderscout66wrote:

One more time for the mathematically challenged:

 

$1,983Billion = Income BETWEEN $125,000 and $250,000

$    246Billion = +FICA collected with cap at $250,000

$   957Billion = Total revenue collected in 2017

$1,205Billion = new total collected for 2018

$   987Billiom = total outlay in 2018

$   218Billion = INCREASE in SSTF in 2019 vs projected $34B.

 

The "offset" is the higher payments to those earning between $125,000 and $250,000 who would retire in 2019.

1.Average income subject to the SS "Cap" from 1987 until 2017,(the 30 years used to calculate SS annuity) = $85,902. Annuity payable = $28,178 (90% first $791, 32% next $3,977, 15% all over $4768)

2. Average from 1988 to 2018 with $250K cap = $93,187. Annuity payable = $29,216, and increase of $1038 PER YEAR

3. TOTAL number of persons turning 65 in 2019=3,650.000

4. Number in the +250K income bracket = 13.2% or 480,000

5. TOTAL increase in outlay with $250,000 cap $4.9BILLION, or about half the interest earned on the additional $218B in revenue

 

So good people, do you want to work longer and receive less than you've been promised for the last 30 years, or do you want to

VOTE OUT THE NRAGOP AND SAVE SS...

AND YOUR GRANDKIDS


So the standard Socialist MO again - redistribution of money. It's simple when you have the brilliant idea to take other people's money and give it to others.

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Message 6 of 74

One more time for the mathematically challenged:

 

$1,983Billion = Income BETWEEN $125,000 and $250,000

$    246Billion = +FICA collected with cap at $250,000

$   957Billion = Total revenue collected in 2017

$1,205Billion = new total collected for 2018

$   987Billiom = total outlay in 2018

$   218Billion = INCREASE in SSTF in 2019 vs projected $34B.

 

The "offset" is the higher payments to those earning between $125,000 and $250,000 who would retire in 2019.

1.Average income subject to the SS "Cap" from 1987 until 2017,(the 30 years used to calculate SS annuity) = $85,902. Annuity payable = $28,178 (90% first $791, 32% next $3,977, 15% all over $4768)

2. Average from 1988 to 2018 with $250K cap = $93,187. Annuity payable = $29,216, and increase of $1038 PER YEAR

3. TOTAL number of persons turning 65 in 2019=3,650.000

4. Number in the +250K income bracket = 13.2% or 480,000

5. TOTAL increase in outlay with $250,000 cap $4.9BILLION, or about half the interest earned on the additional $218B in revenue

 

So good people, do you want to work longer and receive less than you've been promised for the last 30 years, or do you want to

VOTE OUT THE NRAGOP AND SAVE SS...

AND YOUR GRANDKIDS

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Message 7 of 74

@TxGrandpa2wrote:

@alferdpackerwrote:


"I know you don’t. And that makes me feel sorry for you."


 

 

Aesop's  The Ant and the Grasshopper

http://www.eastoftheweb.com/short-stories/UBooks/AntGra.shtml


In one of your earlier posts you had posted that you had no sympathy for - now you post that you feel sorry for...

 

Which is the truth and which is the lie?

 


Please read the post more carefully and you would find that was what was posted to me by TemperMental67. 


If what TemperMental67 posted was/is not true - can you post valid empirical proof that it's untrue?

 

We await, with bated breath, link(s) to proof refuting the allegation...

 

44>dolt45
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Message 8 of 74

@alferdpackerwrote:


"I know you don’t. And that makes me feel sorry for you."


 

 

Aesop's  The Ant and the Grasshopper

http://www.eastoftheweb.com/short-stories/UBooks/AntGra.shtml


In one of your earlier posts you had posted that you had no sympathy for - now you post that you feel sorry for...

 

Which is the truth and which is the lie?

 


Please read the post more carefully and you would find that was what was posted to me by TemperMental67. 

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Message 9 of 74

@TxGrandpa2wrote:

@ManicProgressivewrote:

@TxGrandpa2wrote:

@ManicProgressivewrote:


And since we are all interdependent, have a little empathy for those who haven't fared as well as you have. 

I have no empathy for those who complain about the success of others while they sit around and complain.  Over the years I've seen too many blame others rather than themselves for their failures.

 

I set my course in my teens with planning a career that would offer security and a good retirement.  And I worked hard for that goal, not sitting around waiting for it to be handed to me.  For the past several decades I've been enjoying that goal.


I know you don’t. And that makes me feel sorry for you.


 

 

Aesop's  The Ant and the Grasshopper

http://www.eastoftheweb.com/short-stories/UBooks/AntGra.shtml


In one of your earlier posts you had posted that you had no sympathy for - now you post that you feel sorry for...

 

Which is the truth and which is the lie?

 

44>dolt45
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Message 10 of 74

@ManicProgressivewrote:

@TxGrandpa2wrote:

@ManicProgressivewrote:


And since we are all interdependent, have a little empathy for those who haven't fared as well as you have. 

I have no empathy for those who complain about the success of others while they sit around and complain.  Over the years I've seen too many blame others rather than themselves for their failures.

 

I set my course in my teens with planning a career that would offer security and a good retirement.  And I worked hard for that goal, not sitting around waiting for it to be handed to me.  For the past several decades I've been enjoying that goal.


I know you don’t. And that makes me feel sorry for you.


 

 

Aesop's  The Ant and the Grasshopper

http://www.eastoftheweb.com/short-stories/UBooks/AntGra.shtml

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