Article

2017-02-24 Government

Sanders, Dems Propose Investment Gains Tax Hike to Pay for Social Security Expansion

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Posted by Besoeker 2017-02-24 08:52|| || Front Page|| [2 views ] Top

#1 Perhaps those with other incomes (means testing) could pay income taxes on their Social Security. Oh wait! Bill Clinton already did that, and it's never went away.

I worked hard, earned a pension, invested, made a buck or two, so I pay. He sat on his arse, drank his earnings, so he keeps all of his Social Security.

Ok, I get it.

Posted by Besoeker 2017-02-24 09:06|| 2017-02-24 09:06|| Front Page Top

#2 Everybody in this room knows that Social Security hasn’t added a nickel to the debt

yeah, of course, if you ignore future entitlement payouts due beyond incoming SSI taxes. Like an Economic Idiot™, or a Socialist, but I repeat myself

Posted by Frank G 2017-02-24 09:14|| 2017-02-24 09:14|| Front Page Top

#3 I'm confused.
Social Security is already taxed as income, so now the Dems want to tax the capital preservation investment earnings retirees use to augment the already insufficient Social Security?

How about cutting the North Korean school lunch opium programs?

Posted by Skidmark 2017-02-24 10:08|| 2017-02-24 10:08|| Front Page Top

#4 Posturing for the base. Without a majority in the House, they haven't a hope of even getting the thing debated in committee.

Posted by trailing wife 2017-02-24 10:13|| 2017-02-24 10:13|| Front Page Top

#5 How about scrapping Social Security for a voluntary 401K instead?

Posted by Abu Uluque 2017-02-24 11:55|| 2017-02-24 11:55|| Front Page Top

#6 There's already the Net Investment Income Tax (3.8%) on income over certain thresholds, and the additional Medicare tax (.9%) - naturally, it's not enough for the Socialists.

Posted by Raj 2017-02-24 13:17|| 2017-02-24 13:17|| Front Page Top

#7 Raj, as I have seen here in MA the socialists are not satisfied with anything less that 110%.

Posted by AlanC 2017-02-24 16:16|| 2017-02-24 16:16|| Front Page Top

#8 You do all of the risking and research, and if you make a dime, the Dims want a percentage. If you are a Dim, easy money doesn't get any easier than that.

Posted by Spats Omaviper3029 2017-02-24 20:19|| 2017-02-24 20:19|| Front Page Top

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