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Urin Asshole Urin Asshole is offline
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First recorded activity by BoatBanter: Feb 2013
Posts: 968
Default Why we can't have good things

On Tue, 02 Apr 2013 01:38:53 -0400, wrote:

On Mon, 01 Apr 2013 22:14:05 -0700, Urin Asshole
wrote:

On Mon, 01 Apr 2013 22:50:00 -0400,
wrote:

On Mon, 01 Apr 2013 16:14:22 -0700, Urin Asshole
wrote:

On Mon, 01 Apr 2013 17:49:21 -0400,
wrote:

Why should I, you are good for the money. You seem to enjoy paying for
my new boat.

Huh? You're the ****ing hypocrit. "Why should I?" for the good of your
grandkids asshole. You want everyone else to do the "right thing" but
not you.

My kids may get most of my SS money when I die.


How's that? The country will be completely bankrupt by then. You've
been talking about for a while now. Doom is in the air, and it's all
your fault.


Gold ammo and MREs


Mildly funny, but you're probably serious.



HI is not capped and raises $182 billion collection 2.9 percent of all
wages, tips.etc
If you uncapped OASDI (presently capped at $106k) you would raise an
extra $140 billion over the $637B we collected in 2010 on a 12.4% tax.
I am not going to use 11 or 12 because the 2% tax holiday skews the
numbers.
That seems like a lot of money but it would barely cover the shortfall
in SS/MC now. That deficit goes up every year.


"While the combined OASDI program continues to fail the long-range
test of close actuarial balance, it does satisfy the test for
short-range financial adequacy. The Trustees project that the combined
trust fund assets will exceed one year’s projected cost for more than
ten years, through 2027. "


That assumes the government can come up with the revenue to redeem
those bonds.
We are borrowing money to pay the interest.


When have we not "come up with the money" to honor our debts? Oh yeah,
ever.

If you are going to "fix" SS./MC you need more than simply uncapping
the top limit.


I thought you said MC is uncapped? So, you don't know ****.


MC (HI) is uncapped and still running a deficit but I hear people,
including you saying uncapping OASDI would fix it all.


MC as I've said and everyone else has said has different issues. Keep
repeating if you think it'll help you.

Uncapping SS in wages will certainly help. In any case, it's a long
term problem not a short term one. But in your little mind if the
issue exists it has to be fixed immediately.


It has been a couple years since I did it but the numbers are not
really that significant. We just do not have that many W2 people who
make more than the $113.7k that it is capped at now. (I think it was
$102k when I did it)
You can go to IRS.GOV and look at tax stats if you want to see for
yourself. They are in Excel format so you can download the files and
change the view

Feel free to give us your studied, indepth analysis. We know you're an
expert accountant among your other bull****.

I do know how to crunch numbers, it is actually pretty simple to do
this one. Maybe beyond your ability but not that hard.
Maybe when you get to high school you will learn a little elementary
algebra.


Maybe you should try harder to insult me ****head.. you're the ****ing
expert, but you can't even figure out that SS and MC are two
completely different things.

I know they are different brands of the same basic Ponzi but it does
give you a convenient way to see what happens when you remove the
OASDI cap. HI is not capped and OASDI is, taxing the same salary base.
If you interpolate the result of the OASDI rate to the HI rate you get
the delta.


No. You know how to fake being an intellectual, well-read, and a fair
minded person. What you are is a fraud, but I wouldn't call it a Ponzi
fraud.

You can go to tax stats, look at the raw data and do the computations
based on the percentages but you will still end up with about the
same numbers.


Uh huh. Sure. Bascially, you're pulling the numbers out your ass and
smearing it on your **** to make them look better.


So you don't even understand the simplest way to explain this.
You have told us about higher education, implying you have actually
graduated from high school, yet you can't follow math my 9 year old
grand daughter can do and you can't finish a sentence without a
childish profanity.
You have no math skills and horrid language skills.

I guess the world needs hamburger flippers too. Good luck


You can insult me all you want dickbrain. The point is that you're no
expert. You don't have the answers, and anyone who proposes simple
solutions that will have a great effect in the long term are no good,
because they don't solve the entire problem immediately.

**** you. Happy?