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Desertbreh
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wap wrote: Thu Apr 11, 2019 9:17 pm
Desertbreh wrote: Thu Apr 11, 2019 8:56 pm

I'm okay discussing an increase.
Needs to be a yuuge one.
Nah.
Detroit wrote:Buy 911s instead of diamonds.
Johnny_P wrote: Thu Feb 09, 2023 3:21 pm Earn it and burn it, Val.
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dubshow
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wap wrote: Thu Apr 11, 2019 9:17 pm
Desertbreh wrote: Thu Apr 11, 2019 8:56 pm

I'm okay discussing an increase.
Needs to be a yuuge one.
:cringe:
dubshow
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wap wrote: Thu Apr 11, 2019 4:20 pm
Desertbreh wrote: Thu Apr 11, 2019 3:59 pm

It IS YOUR FUCKING PROBLEM BREH. The streets cannot be filled with penniless 65 year olds just because Eric the Great Libertarian of East Baton Rouge Parish demands absolute freedumbs for himself and others.
The current system is set up so if you work for 40 years and don't save shit you are guaranteed rent on your double wide in some shithole eating Banquet Fried Chicken with freezer burn. This is preferable to having to defend yourself against them with your 2700 AK parts.
Thank you, Dirk.
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dubshow
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Why would you want to increase the ability for more wasteful spending of a social security tax? Of course its a good idea in theory. Its a well intentioned feel good social welfare program. Sadly, its a far cry from what it started out as. There are WAY too many people living on the SS teet that have never paid into the system.

got an ADHD kid? Heres $400/mo. :wtf:

Someone is going to have to be the bad guy and scale back the program to its original role. Not a new version on welfare state.
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4zilch
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dubshow wrote: Fri Apr 12, 2019 8:15 am Why would you want to increase the ability for more wasteful spending of a social security tax? Of course its a good idea in theory. Its a well intentioned feel good social welfare program. Sadly, its a far cry from what it started out as. There are WAY too many people living on the SS teet that have never paid into the system.

got an ADHD kid? Heres $400/mo. :wtf:

Someone is going to have to be the bad guy and scale back the program to its original role. Not a new version on welfare state.
:howdareu:
As the only published author in a well-known motorcycle publication in the room...
dubshow
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4zilch wrote: Sat Apr 13, 2019 6:05 am
dubshow wrote: Fri Apr 12, 2019 8:15 am Why would you want to increase the ability for more wasteful spending of a social security tax? Of course its a good idea in theory. Its a well intentioned feel good social welfare program. Sadly, its a far cry from what it started out as. There are WAY too many people living on the SS teet that have never paid into the system.

got an ADHD kid? Heres $400/mo. :wtf:

Someone is going to have to be the bad guy and scale back the program to its original role. Not a new version on welfare state.
:howdareu:
:aintcare: because in 12 years time youre gonna see some crazy shit when it becomes insolvent.

they even say so on their website...

https://www.ssa.gov/oact/TRSUM/index.html

:thisisfine:
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goIftdibrad
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wap wrote: Thu Apr 11, 2019 9:17 pm
Desertbreh wrote: Thu Apr 11, 2019 8:56 pm

I'm okay discussing an increase.
Needs to be a yuuge one.
:nope:
brain go brrrrrr
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4zilch
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dubshow wrote: Sat Apr 13, 2019 9:22 am
4zilch wrote: Sat Apr 13, 2019 6:05 am

:howdareu:
:aintcare: because in 12 years time youre gonna see some crazy shit when it becomes insolvent.

they even say so on their website...

https://www.ssa.gov/oact/TRSUM/index.html

:thisisfine:
Oh, you wanted a cereal discussion? :nevermind:
As the only published author in a well-known motorcycle publication in the room...
dubshow
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4zilch wrote: Mon Apr 15, 2019 8:40 am
dubshow wrote: Sat Apr 13, 2019 9:22 am

:aintcare: because in 12 years time youre gonna see some crazy shit when it becomes insolvent.

they even say so on their website...

https://www.ssa.gov/oact/TRSUM/index.html

:thisisfine:
Oh, you wanted a cereal discussion? :nevermind:
:lolol: :sad:

Honey nut Cheerios :doe:

Tied with frosted mini wheats
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Apex
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dubshow wrote: Mon Apr 15, 2019 9:12 am
4zilch wrote: Mon Apr 15, 2019 8:40 am

Oh, you wanted a cereal discussion? :nevermind:
:lolol: :sad:

Honey nut Cheerios :doe:

Tied with frosted mini wheats
I'll throw in a box of apple cinnamon cheerios every now and then. :megusta:
dubshow
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Apex wrote: Mon Apr 15, 2019 9:19 am
dubshow wrote: Mon Apr 15, 2019 9:12 am

:lolol: :sad:

Honey nut Cheerios :doe:

Tied with frosted mini wheats
I'll throw in a box of apple cinnamon cheerios every now and then. :megusta:
:megusta:
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Desertbreh
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dubshow wrote: Fri Apr 12, 2019 8:15 am Why would you want to increase the ability for more wasteful spending of a social security tax? Of course its a good idea in theory. Its a well intentioned feel good social welfare program. Sadly, its a far cry from what it started out as. There are WAY too many people living on the SS teet that have never paid into the system.

got an ADHD kid? Heres $400/mo. :wtf:

Someone is going to have to be the bad guy and scale back the program to its original role. Not a new version on welfare state.
Way back when I represented a guy in a criminal case, who, as far as I could tell, received SSI benefits because he was an asshole....."couldn't get along with others in the workplace" type deal.
Detroit wrote:Buy 911s instead of diamonds.
Johnny_P wrote: Thu Feb 09, 2023 3:21 pm Earn it and burn it, Val.
max225 wrote: Mon May 01, 2023 5:35 pm Yes it's a cool car. But prepare the lube/sawdust.
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Irish
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dubshow wrote: Mon Apr 15, 2019 9:12 am
4zilch wrote: Mon Apr 15, 2019 8:40 am

Oh, you wanted a cereal discussion? :nevermind:
:lolol: :sad:

Honey nut Cheerios :doe:

Tied with frosted mini wheats
Fun Fact: I used to eat FMW every day when I was still protecting the world from Salmonella at BigK....
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max225
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dubshow wrote: Fri Apr 12, 2019 8:15 am Why would you want to increase the ability for more wasteful spending of a social security tax? Of course its a good idea in theory. Its a well intentioned feel good social welfare program. Sadly, its a far cry from what it started out as. There are WAY too many people living on the SS teet that have never paid into the system.

got an ADHD kid? Heres $400/mo. :wtf:

Someone is going to have to be the bad guy and scale back the program to its original role. Not a new version on welfare state.
Except you're assuming money is finite, the .gov can print as much as it wants. :hubba:
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Desertbreh wrote: Mon Apr 15, 2019 12:58 pm
dubshow wrote: Fri Apr 12, 2019 8:15 am Why would you want to increase the ability for more wasteful spending of a social security tax? Of course its a good idea in theory. Its a well intentioned feel good social welfare program. Sadly, its a far cry from what it started out as. There are WAY too many people living on the SS teet that have never paid into the system.

got an ADHD kid? Heres $400/mo. :wtf:

Someone is going to have to be the bad guy and scale back the program to its original role. Not a new version on welfare state.
Way back when I represented a guy in a criminal case, who, as far as I could tell, received SSI benefits because he was an asshole....."couldn't get along with others in the workplace" type deal.
So...can you collect SSI benefits if you've never paid into the system? I thought that was a requirement and a factor in how much benefit you end up receiving?
Desertbreh wrote: Tue Oct 10, 2017 6:40 pm My guess would be that Chris took some time off because he has read the dialogue on this page 1,345 times and decided to spend some of his free time doing something besides beating a horse to death.
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goIftdibrad
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Detroit wrote: Tue Apr 16, 2019 9:01 am
Desertbreh wrote: Mon Apr 15, 2019 12:58 pm

Way back when I represented a guy in a criminal case, who, as far as I could tell, received SSI benefits because he was an asshole....."couldn't get along with others in the workplace" type deal.
1. So...can you collect SSI benefits if you've never paid into the system?
2.I thought that was a requirement and a factor in how much benefit you end up receiving?
1. Yes, lol

2. Unsure, maybe, but prob. not.

ITS A TAX, ITS NOT SAVINGS, ITS NOT YOUR MONEY.
brain go brrrrrr
dubshow
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Detroit wrote: Tue Apr 16, 2019 9:01 am
Desertbreh wrote: Mon Apr 15, 2019 12:58 pm

Way back when I represented a guy in a criminal case, who, as far as I could tell, received SSI benefits because he was an asshole....."couldn't get along with others in the workplace" type deal.
So...can you collect SSI benefits if you've never paid into the system? I thought that was a requirement and a factor in how much benefit you end up receiving?
of course you can... what do you think "disability" is?

2. as far as amount, yes their are tiers. Someone making $40k/yr pays in under the SS tax max/limit. Someone making $128k (yearly) pays the maximum each year (6.2% from employee and 6.2%paid by employer). They will have a slightly higher "pay out" in retirement age. The current max pay out is like $3200.
Last edited by dubshow on Tue Apr 16, 2019 10:02 am, edited 1 time in total.
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Big Brain Bradley wrote: Tue Apr 16, 2019 9:20 am
Detroit wrote: Tue Apr 16, 2019 9:01 am
1. So...can you collect SSI benefits if you've never paid into the system?
2.I thought that was a requirement and a factor in how much benefit you end up receiving?
1. Yes, lol

2. Unsure, maybe, but prob. not.

ITS A TAX, ITS NOT SAVINGS, ITS NOT YOUR MONEY.
No, I get it's all a scam. I'm with you on that....but I was under the impression that you had to pay into the system to get anything back out. Or if you're on "disability" or whatever, you don't have to pay into it?

It'll all going to come to :nuke: soon anyway. We'll see what happens then. :popcorn:
Desertbreh wrote: Tue Oct 10, 2017 6:40 pm My guess would be that Chris took some time off because he has read the dialogue on this page 1,345 times and decided to spend some of his free time doing something besides beating a horse to death.
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dubshow wrote: Tue Apr 16, 2019 9:59 am
Detroit wrote: Tue Apr 16, 2019 9:01 am
So...can you collect SSI benefits if you've never paid into the system? I thought that was a requirement and a factor in how much benefit you end up receiving?
of course you can... what do you think "disability" is?
I honestly don't know.
Desertbreh wrote: Tue Oct 10, 2017 6:40 pm My guess would be that Chris took some time off because he has read the dialogue on this page 1,345 times and decided to spend some of his free time doing something besides beating a horse to death.
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goIftdibrad
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Detroit wrote: Tue Apr 16, 2019 10:01 am
Big Brain Bradley wrote: Tue Apr 16, 2019 9:20 am

1. Yes, lol

2. Unsure, maybe, but prob. not.

ITS A TAX, ITS NOT SAVINGS, ITS NOT YOUR MONEY.
No, I get it's all a scam. I'm with you on that....but I was under the impression that you had to pay into the system to get anything back out. Or if you're on "disability" or whatever, you don't have to pay into it?

It'll all going to come to :nuke: soon anyway. We'll see what happens then. :popcorn:
you can not work a day in your life and get SS/ disability
brain go brrrrrr
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Big Brain Bradley wrote: Tue Apr 16, 2019 10:09 am
Detroit wrote: Tue Apr 16, 2019 10:01 am
No, I get it's all a scam. I'm with you on that....but I was under the impression that you had to pay into the system to get anything back out. Or if you're on "disability" or whatever, you don't have to pay into it?

It'll all going to come to :nuke: soon anyway. We'll see what happens then. :popcorn:
you can not work a day in your life and get SS/ disability
Yes and no. You can definitely get disability, but if under some hypothetical scenario you were unemployed with $0 of earnings your entire life, I don't believe you're entitled to retirement benefits under SS. What I do know is that the more you pay in, the more you're entitled to. SS is based on the highest 35 years of earnings over a person's life, so if you didn't pay in for at least 35 years the math will average in zeros and the benefit payout will reduce.

The math is still fucked, though, obviously. Right now there are only ~3 people paying in for every person receiving benefits. When the fund was first started the ratio was something like 30:1. People just didn't live as long, mostly.
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Interesting.
Desertbreh wrote: Tue Oct 10, 2017 6:40 pm My guess would be that Chris took some time off because he has read the dialogue on this page 1,345 times and decided to spend some of his free time doing something besides beating a horse to death.
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coogles wrote: Tue Apr 16, 2019 11:06 am
Big Brain Bradley wrote: Tue Apr 16, 2019 10:09 am

you can not work a day in your life and get SS/ disability
Yes and no. You can definitely get disability, but if under some hypothetical scenario you were unemployed with $0 of earnings your entire life, I don't believe you're entitled to retirement benefits under SS. What I do know is that the more you pay in, the more you're entitled to. SS is based on the highest 35 years of earnings over a person's life, so if you didn't pay in for at least 35 years the math will average in zeros and the benefit payout will reduce.

The math is still fucked, though, obviously. Right now there are only ~3 people paying in for every person receiving benefits. When the fund was first started the ratio was something like 30:1. People just didn't live as long, mostly.
So there were no people over 62 when the program started? And everyone worked ? :notsure:
3:1 ratio seems completely fine.
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coogles wrote: Tue Apr 16, 2019 11:06 am
Big Brain Bradley wrote: Tue Apr 16, 2019 10:09 am

you can not work a day in your life and get SS/ disability
Yes and no. You can definitely get disability, but if under some hypothetical scenario you were unemployed with $0 of earnings your entire life, I don't believe you're entitled to retirement benefits under SS. What I do know is that the more you pay in, the more you're entitled to. SS is based on the highest 35 years of earnings over a person's life, so if you didn't pay in for at least 35 years the math will average in zeros and the benefit payout will reduce.

The math is still fucked, though, obviously. Right now there are only ~3 people paying in for every person receiving benefits. When the fund was first started the ratio was something like 30:1. People just didn't live as long, mostly.
Right and if you didn't work 35 years you can collect based on your spouse's career You can take up to 50%, In my case 50% of what my wife made outstrips what I made for most of my life...... so I will likely opt for this if I can....

I didn't pay myself on the books for the 5 years I owned the restaurant. I was a stay at home Dad for 4 years ..... and I haven't Paid myself from the business for going on 3 years. Even when I do begin to pay myself, I am going to let the business pay for my vehicles and some of my living expenses (dat home office doe). So my Salary will be reduced in order to save on taxes.
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goIftdibrad
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Irish wrote: Tue Apr 16, 2019 10:26 pm
coogles wrote: Tue Apr 16, 2019 11:06 am

Yes and no. You can definitely get disability, but if under some hypothetical scenario you were unemployed with $0 of earnings your entire life, I don't believe you're entitled to retirement benefits under SS. What I do know is that the more you pay in, the more you're entitled to. SS is based on the highest 35 years of earnings over a person's life, so if you didn't pay in for at least 35 years the math will average in zeros and the benefit payout will reduce.

The math is still fucked, though, obviously. Right now there are only ~3 people paying in for every person receiving benefits. When the fund was first started the ratio was something like 30:1. People just didn't live as long, mostly.
Right and if you didn't work 35 years you can collect based on your spouse's career You can take up to 50%, In my case 50% of what my wife made outstrips what I made for most of my life...... so I will likely opt for this if I can....

I didn't pay myself on the books for the 5 years I owned the restaurant. I was a stay at home Dad for 4 years ..... and I haven't Paid myself from the business for going on 3 years. Even when I do begin to pay myself, I am going to let the business pay for my vehicles and some of my living expenses (dat home office doe). So my Salary will be reduced in order to save on taxes.
#taxgames #badtaxlaws
brain go brrrrrr
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