Menu

Obama endorses slavery

Search this Thread

Prev

Previous Post

Next Post

Next

#11

Report Post

posted to rec.boats

Boating All Out Boating All Out is offline

Boating All Out is offline

external usenet poster

First recorded activity by BoatBanter: Nov 2010

Posts: 1,401

Default

Obama endorses slavery

In article ,
says...

The government has never looked at net worth when they determine
"means", they only look at income.

Not the Feds, but Medicaid commonly looks at "resources" to qualify.
The Feds actually have a lot of non-income wealth info at hand.
They can easily pass that to the states.
A $million in IRA's not distributed is still reported to the IRS.
Income is the easiest way, but not the only way.
I've had to reveal bank account balances when my kids applied for
tuition aid, and they got my SS number too, so maybe they knew more.
None ever got aid.
But an income check would be the easiest for SS "means testing".
Still not a real "means test" when it's just an income tax at marginal
rate.
When they take 100% at some level of income we'll call it a means test.

BTW, nobody buys your claim "It was always said that SS would never be
taxed." I knew as a kid it could be taxed, and I also knew if you work
while collecting, your benefits could be drastically reduced while
working. Exactly the opposite of what you're saying.

You must be young.
It was always taken as fact that SS would never be taxed since you put
in "after tax" money. That was the excuse they gave us about why FICA
was not deductible.

Reagan was the one who screwed seniors on that one. (1983)

"Kid" is relative. 28 years ago I was a kid.

Reply With Quote

Reply With Quote

Thread Tools	Search this Thread
Show Printable Version	Search this Thread: Advanced Search
Display Modes
Switch to Linear Mode Switch to Hybrid Mode Threaded Mode

Posting Rules
Smilies are On [IMG] code is Off HTML code is Off Trackbacks are On Pingbacks are On Refbacks are On

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Senate apologize for the wrongs of slavery	HK	General	20	June 19th 09 02:15 PM
Goldwater's Granddaughter Endorses...Obama!	Boater	General	3	October 25th 08 02:04 AM
Colin Powell Endorses...	Boater	General	12	October 20th 08 02:24 AM
Union endorses Republican...	King Vurtang The Loquacious	General	1	August 22nd 08 12:55 PM
Communist Party endorses Kerry	Michael	ASA	21	July 20th 04 05:52 PM

All times are GMT +1. The time now is 06:16 PM.

About Us

"It's about Boats"

Contact Us BoatBanter Home Privacy Statement

Copyright © 2017