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Old 04-02-2023 | 04:30 AM
  #61  
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Originally Posted by vetter;[url=tel:3617552
3617552]Retiring at 67 is ridiculous. The average lifespan of a US male is 77 years old.

So you work your entire life, and in the end, just get to enjoy life for 10 measly years when your body aches everyday and you aren't even at your prime anymore, then be buried forever. LOL.

There should in fact be a bill to LOWER the retirement age, not HIGHER it.
SS is gonna be bankrupt in about 10 years the way it is. Too many times both parties have robbed it to pay for wars and other things. Don’t worry though. We might not get to retire with any money from SS, but the Ukrainians will be covered….
Old 04-02-2023 | 05:14 AM
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Originally Posted by sleeves
SS is gonna be bankrupt in about 10 years the way it is. Too many times both parties have robbed it to pay for wars and other things. Don’t worry though. We might not get to retire with any money from SS, but the Ukrainians will be covered….
SS is a third rail issue and will be adjusted, most likely with increased payroll tax for all and higher caps.
Old 04-02-2023 | 05:37 AM
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Originally Posted by OOfff
SS is a third rail issue and will be adjusted, most likely with increased payroll tax for all and higher caps.
You mean, higher tax for all except rich people.
Old 04-02-2023 | 05:39 AM
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Originally Posted by JTwift
You mean, higher tax for all except rich people.
sure, but the number of wealthy people who still make less than 160k in earned income is fairly small. Even most of our shockingly wealthy CEO class pay it.
Old 04-02-2023 | 06:05 AM
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Originally Posted by OOfff
sure, but the number of wealthy people who still make less than 160k in earned income is fairly small. Even most of our shockingly wealthy CEO class pay it.
They pay it for the 5 to 10 years of their C-suite tenure, then they transition to the “dividends and long term capital gains” plan and pay 1/3rd or less of what many of us pay. Meanwhile, blue and red are suckling from the financial teat of this class and make all kinds of noises about taxes, while never addressing this issue…
Old 04-02-2023 | 06:07 AM
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Originally Posted by Chowdah
They pay it for the 5 to 10 years of their C-suite tenure, then they transition to the “dividends and long term capital gains” plan and pay 1/3rd or less of what many of us pay. Meanwhile, blue and red are suckling from the financial teat of this class and make all kinds of noises about taxes, while never addressing this issue…
I don’t think the lack of their payroll tax is moving the needle real hard on SS’s solvency, but I’m happy to support taxing/eating the rich.
Old 04-02-2023 | 07:01 AM
  #67  
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Originally Posted by sleeves
SS is gonna be bankrupt in about 10 years the way it is. Too many times both parties have robbed it to pay for wars and other things. Don’t worry though. We might not get to retire with any money from SS, but the Ukrainians will be covered….
Do you think Congress will do nothing? I predict they will patch it to keep it going, at the last possible moment. But it will be more expensive than fixing it now. Letting SS go down the tubes is a political disaster for those in Congress. Their most important task is getting re-elected. SS going down the tubes will assure their defeat.
Old 04-29-2023 | 05:48 PM
  #68  
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Originally Posted by Dc8co
Sounds like a Council 57 CA is introducing a motion at their upcoming meeting to have their council support increasing the retirement age. Make sure you show up to show your disproval for the resolution at the meeting.
Old 04-29-2023 | 07:21 PM
  #69  
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Originally Posted by ClappedOut145
Sounds like a Council 57 CA is introducing a motion at their upcoming meeting to have their council support increasing the retirement age. Make sure you show up to show your disproval for the resolution at the meeting.
actually, don’t.
Old 04-30-2023 | 12:05 PM
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Originally Posted by yesto67
actually, don’t.
enjoy retirement .. now go away
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