View Poll Results: 2026 Profit Sharing Guess
Voters: 212. You may not vote on this poll
Profit Sharing 26 Rumors and Guesses
#221
Gets Weekends Off
Joined: Jan 2023
Posts: 3,373
Likes: 812
I doubt any of you guys are interested but if you are here's a starting point to understand reality for half of Americans.
https://www.unitedforalice.org/wage-tool
https://www.unitedforalice.org/wage-tool
We did not grow up rich at all. My step father worked 2 jobs most of the time and almost right up until he had a heart attack and was forced to stop working. But by then me and my brothers had already left the nest. We all worked hard. I worked hard in school, studied and did well for myself. I worked as a teen to help out as did all of my brothers. Myself, I went to college with a scholarship. One of my brothers was accepted and attended the US Air Force Academy. My other brother went into the trades, learned HVAC and now runs his own HVAC company. He's a multi-millionaire.
Despite us growing up poor, we somehow managed to make it. That's the American dream brother. We didn't ask for handouts, we didn't blame "the rich", we just set goals and worked hard to achieve them.
#222
Line Holder
Joined: Jul 2023
Posts: 662
Likes: 195
A fun exercise is to log onto the Social Security benefits website and look at your annual contributions over a lifetime.
Multiply that by 2 (employer pays an equal amount into Social Security).
Ask yourself if you could have done something, anything better with that pool of cash over the years.
--
(Side note: maximum SS tax for 2026 is $11,439 x 2 = $22,878 for those of us making over $180k ish this year)
Personally, I just see it as yet another tax I'll never get any benefit from. Thank god Congress hasn't removed the cap on the taxable wage base.
(For now. Although it would "fix" Social Security for awhile)
Multiply that by 2 (employer pays an equal amount into Social Security).
Ask yourself if you could have done something, anything better with that pool of cash over the years.
--
(Side note: maximum SS tax for 2026 is $11,439 x 2 = $22,878 for those of us making over $180k ish this year)
Personally, I just see it as yet another tax I'll never get any benefit from. Thank god Congress hasn't removed the cap on the taxable wage base.
(For now. Although it would "fix" Social Security for awhile)
You’re right in simply considering it as a tax that you may or may not benefit from.
#223
Gets Weekends Off
Joined: Jul 2010
Posts: 12,823
Likes: 166
From: window seat
It became a Ponzi scheme as more and more people were included in it.
The original intention was to help poor elderly people. Now we have rich airline pilots who think that they are entitled to a government handout. I didn't realize that there were so many socialist on this forum.
The original intention was to help poor elderly people. Now we have rich airline pilots who think that they are entitled to a government handout. I didn't realize that there were so many socialist on this forum.
#224
Line Holder
Joined: Apr 2009
Posts: 1,681
Likes: 62
Through 2025 between SS and Medicare for me is $578084( that includes the employer side)
A fun exercise is to log onto the Social Security benefits website and look at your annual contributions over a lifetime.
Multiply that by 2 (employer pays an equal amount into Social Security).
Ask yourself if you could have done something, anything better with that pool of cash over the years.
--
(Side note: maximum SS tax for 2026 is $11,439 x 2 = $22,878 for those of us making over $180k ish this year)
Personally, I just see it as yet another tax I'll never get any benefit from. Thank god Congress hasn't removed the cap on the taxable wage base.
(For now. Although it would "fix" Social Security for awhile)
Multiply that by 2 (employer pays an equal amount into Social Security).
Ask yourself if you could have done something, anything better with that pool of cash over the years.
--
(Side note: maximum SS tax for 2026 is $11,439 x 2 = $22,878 for those of us making over $180k ish this year)
Personally, I just see it as yet another tax I'll never get any benefit from. Thank god Congress hasn't removed the cap on the taxable wage base.
(For now. Although it would "fix" Social Security for awhile)
#226
Gets Weekends Off
Joined: Jul 2010
Posts: 12,823
Likes: 166
From: window seat
BTW how rich is rich? If someone is rich, shouldn’t they also be stripped of Medicare and have to pay full retail inflated costs until they’re no longer “rich”? If not why not?
#227
I grew up in a trailer park, in a single wide trailer with my mom and 3 brothers. My father was a drunk and beat my mother and us. She walked out on him taking us with her. She worked 4 jobs at one point to keep us fed and clothed and a trailer roof over our heads. She finally met a great guy and they wound up getting married.
We did not grow up rich at all. My step father worked 2 jobs most of the time and almost right up until he had a heart attack and was forced to stop working. But by then me and my brothers had already left the nest. We all worked hard. I worked hard in school, studied and did well for myself. I worked as a teen to help out as did all of my brothers. Myself, I went to college with a scholarship. One of my brothers was accepted and attended the US Air Force Academy. My other brother went into the trades, learned HVAC and now runs his own HVAC company. He's a multi-millionaire.
Despite us growing up poor, we somehow managed to make it. That's the American dream brother. We didn't ask for handouts, we didn't blame "the rich", we just set goals and worked hard to achieve them.
We did not grow up rich at all. My step father worked 2 jobs most of the time and almost right up until he had a heart attack and was forced to stop working. But by then me and my brothers had already left the nest. We all worked hard. I worked hard in school, studied and did well for myself. I worked as a teen to help out as did all of my brothers. Myself, I went to college with a scholarship. One of my brothers was accepted and attended the US Air Force Academy. My other brother went into the trades, learned HVAC and now runs his own HVAC company. He's a multi-millionaire.
Despite us growing up poor, we somehow managed to make it. That's the American dream brother. We didn't ask for handouts, we didn't blame "the rich", we just set goals and worked hard to achieve them.
#230
Line Holder
Joined: Jul 2023
Posts: 662
Likes: 195
Everyone understand how it works. But it is a promised benefit and a third rail of politics. No way the wealth distributionalists will have the political capital to just steal it all after the fact. “Rich” airline pilots will still get their benefits unless the Leninists get full control.
BTW how rich is rich? If someone is rich, shouldn’t they also be stripped of Medicare and have to pay full retail inflated costs until they’re no longer “rich”? If not why not?
BTW how rich is rich? If someone is rich, shouldn’t they also be stripped of Medicare and have to pay full retail inflated costs until they’re no longer “rich”? If not why not?
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