hello america!!! let's talk facts::::::::::::
our social security system: different estimates predict it will be broke between 2030 & 2045 if nothing is done to shore it up. it is paying out more then it is taking in because more people are unemployed & not paying taxes. obama & our congress members all agree that something must be done &, other then rep paul ryan, none of them want to put their plans on the table. however, there are several ways they can ensure soc sec will remain solvent through a combination of mechanics......
1.....americans are living longer therefore, the age to receive benefits should be raised but not to effect those
55 or older
2.....the fed gov't needs to put the soc sec money in an interest bearing account & not borrow from it
3.....put more people back to work so as to be able to collect more soc sec tax
4.....raise the individual's soc sec tax rate
5.....raise taxes on everybody
6.....reduce the cost of living allowance adjustments
7.....allow individuals to invest half of their soc sec tax as they wish with stipulations they cannot touch it until
they retire
8.....do nothing & allow it go broke
9.....reroute money from other programs/agency's
good people, there may be other choices to be added however, i think i've got the main ones...well, raising taxes is not a good thing at this time; putting people back to work won't happen until there's less regulations &, more certainty's concerning taxes; reducing the cost of living allowance would hurt those already receiving benefits; doing nothing is not an option; raising individuals soc sec tax rate goes hand in hand with raising taxes; leaving options #1, #2, #3 &, #9
which brings me to ssi (which pays for disability) is projected to go broke around 2018 (by the CBO).
obama & the dems have yet to put a plan on the table to fix soc sec & have gone to great lengths to strike down rep ryan's plans...makes you wonder who the real party of 'no' is.......
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