01-02-2013, 09:10 PM
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#1
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Heisman Candidate
Join Date: May 2010
Posts: 3,335
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Can You Guess Whose Taxes Went Up the Least?
If you guessed those making between 200k and 500k, you win the prize!
Since SS isn't solvent, why aren't we raising the ceiling for SS taxes?
http://www.slate.com/blogs/moneybox/...specially.html
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01-02-2013, 09:28 PM
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#2
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VIP Member
Join Date: Aug 2009
Location: Ocala
Posts: 9,120
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Ah yes. Let's raise FICA on our younger generation so we can get ours...
__________________
"It's easier to convince a person that a government should be doing something for them it currently isn't than to convince a person that government shouldn't be doing something for them it currently is."
Allen West
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01-02-2013, 09:31 PM
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#3
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VIP Member
Join Date: Aug 2009
Location: Ocala
Posts: 9,120
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If you want to see who gets screwed by FICA taxes it is the younger generations...
Began at 1% on $3K. Now 6.2% on $110,100 and you have to wait longer for benefits.
http://www.ssa.gov/OACT/ProgData/taxRates.html
__________________
"It's easier to convince a person that a government should be doing something for them it currently isn't than to convince a person that government shouldn't be doing something for them it currently is."
Allen West
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01-02-2013, 09:55 PM
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#4
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Heisman Finalist
Join Date: Apr 2007
Posts: 3,590
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Quote:
Originally Posted by corpgator
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Because benefits are capped.
The poor and middle class get a far better deal with SS.
More envy without facts from the uneducated left.
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01-02-2013, 10:07 PM
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#5
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Heisman Winner
Join Date: Jun 2009
Posts: 5,206
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Quote:
Originally Posted by QGator2414
Ah yes. Let's raise FICA on our younger generation so we can get ours...
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Hey, I am 58. PAY ME NOW!
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01-02-2013, 10:09 PM
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#6
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VIP Member
Join Date: Aug 2009
Location: Ocala
Posts: 9,120
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Quote:
Originally Posted by MichaelJoeWilliamson
Hey, I am 58. PAY ME NOW!
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Your good as it seems the cut off for the next round of screwing is 55...
__________________
"It's easier to convince a person that a government should be doing something for them it currently isn't than to convince a person that government shouldn't be doing something for them it currently is."
Allen West
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01-03-2013, 12:12 AM
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#7
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Premium Member
Join Date: Aug 2008
Location: Estero, Fl
Posts: 11,206
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and means testing isn't far behind. SS was never intended to be a retirement plan but too many have failed to plan so SS and medicare is their retirement plan
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01-03-2013, 12:43 AM
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#8
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Gator Country's Ring of Honor
Join Date: Apr 2007
Posts: 62,227
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With sufficient numbers of voters who have their eyes trained on your money, my advice is not to worry about money. You have little incentive these days to make it. Just do what you love to do and live hand-to-mouth.
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01-03-2013, 12:47 AM
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#9
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Gator Country's Ring of Honor
Join Date: Apr 2007
Posts: 62,227
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BTW, there are a handful of countries that you can reportedly retire to and live off SS. Ecuador is one of them. Evidently, Ecuador is not a country filled with jackals and carrion that want your money.
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01-03-2013, 06:32 AM
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#10
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VIP Member
Join Date: Apr 2007
Posts: 55,470
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until we require everyone who works to contribute to income taxes we will never dig ourselves out of this hole
__________________
And that's a First Down!
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01-03-2013, 01:08 PM
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#11
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Heisman Finalist
Join Date: Mar 2010
Posts: 4,712
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Can you guess who was paying the most taxes already?
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01-03-2013, 01:13 PM
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#12
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VIP Member
Join Date: Aug 2009
Location: Ocala
Posts: 9,120
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Quote:
Originally Posted by wygator
Can you guess who was paying the most taxes already?
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I think I heard today it is now the top 0.7% that pay 40% of federal income taxes...
And Fred will tell you the wealth is being redistributed to the top...
__________________
"It's easier to convince a person that a government should be doing something for them it currently isn't than to convince a person that government shouldn't be doing something for them it currently is."
Allen West
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01-03-2013, 04:58 PM
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#13
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Heisman Finalist
Join Date: Apr 2007
Posts: 3,590
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Quote:
Originally Posted by Dreamliner
With sufficient numbers of voters who have their eyes trained on your money, my advice is not to worry about money. You have little incentive these days to make it. Just do what you love to do and live hand-to-mouth.
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Yep.
And resist the urge to start a business for money or work harder on the corporate ladder.
The liberals have learned this well. Demand someone else play the bills.
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