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twodogsbarking

(13,608 posts)

33. So exactly why is it not funding itself? Insurance companies sell products that

Sat Apr 1, 2023, 08:22 AM

Apr 2023

fund themselves and produce a profit. I think we are being snowed. It is not as big a deal as it is made to be.
Remove programs from SS that should not be part of SS and fund them by taxes. SS can work but not without change.
It is not a tax but politicians attempt to make it so and deplete it to get their way. Fix it, don't predict its demise.

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Social Security Reserves Projected to Run Out Earlier Than Expected [View all] Zorro Mar 2023 OP

Another tax break for billionaires should solve the problem. TreasonousBastard Mar 2023 #1

Yes, since tax cuts generate more revenue. Everybody knows that.. TeamProg Apr 2023 #20

You beat me to it. Ray Bruns Apr 2023 #46

Remove all caps on income. multigraincracker Mar 2023 #2

Yes. You are right. raging moderate Mar 2023 #3

Simple solution - if nothing else a compromise by a slow rise in FRA and removing the cap. walkingman Mar 2023 #4

Fra? mahina Mar 2023 #8

Full Retirement Age walkingman Apr 2023 #14

How high do your want the Full Retirement Age? Is 67 high enough for you? Farmer-Rick Apr 2023 #43

👏👍❤️ EOM Karma13612 Apr 2023 #59

The rich don't pay payroll taxes ... aggiesal Apr 2023 #17

Might also tax Stock Buy Backs at 40% multigraincracker Apr 2023 #21

👍🏼 aggiesal Apr 2023 #25

That's Delphinus Apr 2023 #27

I support getting rid of the cap completely on worker portion of FICA. roamer65 Apr 2023 #23

Maybe.... moose65 Apr 2023 #40

Should have done it before the election when we held the House MichMan Apr 2023 #48

Yup, make it a % of before tax income and the problem is solved...nt mitch96 Apr 2023 #56

Cheap Labor Conservatism RegulatedCapitalistD Mar 2023 #5

Well said, and a belated welcome to DU! Tanuki Apr 2023 #36

This is why the Republicans arent going to cut benefits now they just will bankrupt SS by cstanleytech Mar 2023 #6

Just stop the payments and see what happens, rich fucks...nt Baked Potato Mar 2023 #7

They fail to realize "Social Security" protects the social order . . . Journeyman Mar 2023 #12

Fuckin' A! Yes!! This is exactly what I'm saying! Baked Potato Apr 2023 #19

Remove the caps and tax the robots. Uncle Joe Mar 2023 #9

Sinnerma and Manchini don't like it though peppertree Mar 2023 #10

C'mon you Republican fucks,... LudwigPastorius Mar 2023 #11

I don't want to hear any "adults in the room" bullshit. David__77 Mar 2023 #13

As if we needed more motivation to work like hell to elect summer_in_TX Apr 2023 #15

The economy killing Fed is probably celebrating this in their gold plated bankster office. nt yaesu Apr 2023 #16

A rising tide swamps all boats Hekate Apr 2023 #18

The French have the right idea. multigraincracker Apr 2023 #22

🌺 Good news - Medicare to last 3 more years: from 2028 to 2031 progree Apr 2023 #24

This message was self-deleted by its author Writethinker Apr 2023 #26

I am pretty certain you can pay any extra amount you like voluntarily. MichMan Apr 2023 #49

Social Security is a series of insurance instruments controlled by the government. twodogsbarking Apr 2023 #28

"Keep SS separate as it can sustain itself if run properly" progree Apr 2023 #31

So exactly why is it not funding itself? Insurance companies sell products that twodogsbarking Apr 2023 #33

I believe the Social Security and Medicare Trustees and the Congressional Budget Office progree Apr 2023 #34

Thanks for your condescending input. twodogsbarking Apr 2023 #38

A trust fund that depends on what revenue Congress legislates bucolic_frolic Apr 2023 #29

The trust fund depends on Igel Apr 2023 #41

"Public debt" is treasury securities which is something wealthy people invest in TexasBushwhacker Apr 2023 #50

Millions of people own treasury securities in their retirement accounts MichMan Apr 2023 #51

The solution to this is so simple it makes your head hurt. Raise the income cap for deductions. Vinca Apr 2023 #30

Change Social Security laws, collect on more types of income such as stocks. friend of a friend Apr 2023 #32

Social Security reserves are ALWAYS projected to run out earlier than forecast. Scrivener7 Apr 2023 #35

Link? I haven't heard that one before. I've been reading the Trustees reports for decades progree Apr 2023 #37

It's a perennial republiQan sound byte. Scrivener7 Apr 2023 #39

Yeah, I wonder if they have updated their calculations Farmer-Rick Apr 2023 #45

Harsh but once the baby boomers die off the situation might improve. honest.abe Apr 2023 #42

They project 75 years - out to 2097 progree Apr 2023 #55

I wonder why all those dead COVID victims Farmer-Rick Apr 2023 #44

Let more immigrants In Ligyron Apr 2023 #47

Bernie Sanders (& Liz Warren's?) pending bill would boost benefits AND make the program solvent. snot Apr 2023 #52

A golden opportunity for the GOP Turbineguy Apr 2023 #53

More immigration is a solution. Yavin4 Apr 2023 #54

Lift the cap. How hard is that? n/t discntnt_irny_srcsm Apr 2023 #57

I am not worried. OldBaldy1701E Apr 2023 #58