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#1
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posted to rec.boats
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#2
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posted to rec.boats
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#4
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posted to rec.boats
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wrote:
On Tue, 19 Apr 2011 22:58:26 -0700, wrote: On Tue, 19 Apr 2011 20:20:15 -0400, wrote: On Tue, 19 Apr 2011 10:03:43 -0700, wrote: I already told you, I expect a means test and raising the retirement age more than they already have. (it isn't 65 anymore, in case you haven't noticed) And, several people have already said that the "means" test already exists for SS in the form of taxes. Why are you saying this over and over? Boater also points out the means test only takes about 12.5 to 23% of the SS if you make over 32k. I am talking about a means test that will take a lot more of it as your income increases up to 100% So you want a 100% tax on SS? That's just plain weird. Sounds to me like you're not very familiar with regular income tax. Maybe you've been out of it too long. OK let me put this in a perspective you can understand. Do you think a person making over $250,000 a year in retirement should still get all of their SS? I don't. I haven't even applied yet, and I am eligible for the full amount, which is, what, about $2400 a month? No medicare, either. |
#5
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posted to rec.boats
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wrote:
On Wed, 20 Apr 2011 13:08:02 -0400, wrote: wrote: On Tue, 19 Apr 2011 22:58:26 -0700, wrote: On Tue, 19 Apr 2011 20:20:15 -0400, wrote: On Tue, 19 Apr 2011 10:03:43 -0700, wrote: I already told you, I expect a means test and raising the retirement age more than they already have. (it isn't 65 anymore, in case you haven't noticed) And, several people have already said that the "means" test already exists for SS in the form of taxes. Why are you saying this over and over? Boater also points out the means test only takes about 12.5 to 23% of the SS if you make over 32k. I am talking about a means test that will take a lot more of it as your income increases up to 100% So you want a 100% tax on SS? That's just plain weird. Sounds to me like you're not very familiar with regular income tax. Maybe you've been out of it too long. OK let me put this in a perspective you can understand. Do you think a person making over $250,000 a year in retirement should still get all of their SS? I don't. I haven't even applied yet, and I am eligible for the full amount, which is, what, about $2400 a month? No medicare, either. The top of the box for age 66 is $2366 if you paid in the max since 1966. (45 years). I only paid in the max for 30 years (66-96), started drawing at 63.5 years and my check with single 00 withholding is $1506, Gross is 1772. At 66 that would have been a bit over $2000 as I recall. I have a statement around here from 2010 with the real numbers. I think it was $2400 if you wait to 70. Yeah, my annual statement from SS has a number like that...just under $2400. I suppose I'll sign up for the monthly check when I'm...old. :) If my medical bills rise, I'll have myself removed from my union's plan so I can sign up for Medicare. I don't want to stick my union's health fund with big bills. |
#6
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posted to rec.boats
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In article , payer3389
@mypacks.net says... wrote: On Wed, 20 Apr 2011 13:08:02 -0400, wrote: wrote: On Tue, 19 Apr 2011 22:58:26 -0700, wrote: On Tue, 19 Apr 2011 20:20:15 -0400, wrote: On Tue, 19 Apr 2011 10:03:43 -0700, wrote: I already told you, I expect a means test and raising the retirement age more than they already have. (it isn't 65 anymore, in case you haven't noticed) And, several people have already said that the "means" test already exists for SS in the form of taxes. Why are you saying this over and over? Boater also points out the means test only takes about 12.5 to 23% of the SS if you make over 32k. I am talking about a means test that will take a lot more of it as your income increases up to 100% So you want a 100% tax on SS? That's just plain weird. Sounds to me like you're not very familiar with regular income tax. Maybe you've been out of it too long. OK let me put this in a perspective you can understand. Do you think a person making over $250,000 a year in retirement should still get all of their SS? I don't. I haven't even applied yet, and I am eligible for the full amount, which is, what, about $2400 a month? No medicare, either. The top of the box for age 66 is $2366 if you paid in the max since 1966. (45 years). I only paid in the max for 30 years (66-96), started drawing at 63.5 years and my check with single 00 withholding is $1506, Gross is 1772. At 66 that would have been a bit over $2000 as I recall. I have a statement around here from 2010 with the real numbers. I think it was $2400 if you wait to 70. Yeah, my annual statement from SS has a number like that...just under $2400. I suppose I'll sign up for the monthly check when I'm...old. :) If my medical bills rise, I'll have myself removed from my union's plan so I can sign up for Medicare. I don't want to stick my union's health fund with big bills. No problems sticking the government with it though, eh? |
#7
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posted to rec.boats
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In article , payer3389
@mypacks.net says... wrote: On Wed, 20 Apr 2011 13:08:02 -0400, wrote: wrote: On Tue, 19 Apr 2011 22:58:26 -0700, wrote: On Tue, 19 Apr 2011 20:20:15 -0400, wrote: On Tue, 19 Apr 2011 10:03:43 -0700, wrote: I already told you, I expect a means test and raising the retirement age more than they already have. (it isn't 65 anymore, in case you haven't noticed) And, several people have already said that the "means" test already exists for SS in the form of taxes. Why are you saying this over and over? Boater also points out the means test only takes about 12.5 to 23% of the SS if you make over 32k. I am talking about a means test that will take a lot more of it as your income increases up to 100% So you want a 100% tax on SS? That's just plain weird. Sounds to me like you're not very familiar with regular income tax. Maybe you've been out of it too long. OK let me put this in a perspective you can understand. Do you think a person making over $250,000 a year in retirement should still get all of their SS? I don't. I haven't even applied yet, and I am eligible for the full amount, which is, what, about $2400 a month? No medicare, either. The top of the box for age 66 is $2366 if you paid in the max since 1966. (45 years). I only paid in the max for 30 years (66-96), started drawing at 63.5 years and my check with single 00 withholding is $1506, Gross is 1772. At 66 that would have been a bit over $2000 as I recall. I have a statement around here from 2010 with the real numbers. I think it was $2400 if you wait to 70. Yeah, my annual statement from SS has a number like that...just under $2400. I suppose I'll sign up for the monthly check when I'm...old. :) If my medical bills rise, I'll have myself removed from my union's plan so I can sign up for Medicare. I don't want to stick my union's health fund with big bills. If you are eligible you should take the money now and invest it. |
#8
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posted to rec.boats
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wrote:
On Thu, 21 Apr 2011 08:26:05 -0400, wrote: In articlew9Kdna3PJdOvqDLQnZ2dnUVZ_vSdnZ2d@earthlink .com, payer3389 @mypacks.net says... wrote: On Wed, 20 Apr 2011 13:08:02 -0400, wrote: wrote: On Tue, 19 Apr 2011 22:58:26 -0700, wrote: On Tue, 19 Apr 2011 20:20:15 -0400, wrote: On Tue, 19 Apr 2011 10:03:43 -0700, wrote: I already told you, I expect a means test and raising the retirement age more than they already have. (it isn't 65 anymore, in case you haven't noticed) And, several people have already said that the "means" test already exists for SS in the form of taxes. Why are you saying this over and over? Boater also points out the means test only takes about 12.5 to 23% of the SS if you make over 32k. I am talking about a means test that will take a lot more of it as your income increases up to 100% So you want a 100% tax on SS? That's just plain weird. Sounds to me like you're not very familiar with regular income tax. Maybe you've been out of it too long. OK let me put this in a perspective you can understand. Do you think a person making over $250,000 a year in retirement should still get all of their SS? I don't. I haven't even applied yet, and I am eligible for the full amount, which is, what, about $2400 a month? No medicare, either. The top of the box for age 66 is $2366 if you paid in the max since 1966. (45 years). I only paid in the max for 30 years (66-96), started drawing at 63.5 years and my check with single 00 withholding is $1506, Gross is 1772. At 66 that would have been a bit over $2000 as I recall. I have a statement around here from 2010 with the real numbers. I think it was $2400 if you wait to 70. Yeah, my annual statement from SS has a number like that...just under $2400. I suppose I'll sign up for the monthly check when I'm...old. :) If my medical bills rise, I'll have myself removed from my union's plan so I can sign up for Medicare. I don't want to stick my union's health fund with big bills. If you are eligible you should take the money now and invest it. Harry put his finger on it. His union "cadillac plan" is better than Medicare and he knows he will have to lose it when he starts collecting SS. Actually, I'm not retired. I hope I stay in decent enough health to never retire. Since I don't need social security, I've not applied for it. When and if I do need it, I will apply. When my medical need$ start ta$king my union health insurance plan, I'll request being dropped from it and get Medicare. I have, after all, been paying into the federal system(s) a long, long time. :) |
#9
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posted to rec.boats
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#10
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posted to rec.boats
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On Wed, 20 Apr 2011 12:58:24 -0400, wrote:
On Tue, 19 Apr 2011 22:58:26 -0700, wrote: On Tue, 19 Apr 2011 20:20:15 -0400, wrote: On Tue, 19 Apr 2011 10:03:43 -0700, wrote: I already told you, I expect a means test and raising the retirement age more than they already have. (it isn't 65 anymore, in case you haven't noticed) And, several people have already said that the "means" test already exists for SS in the form of taxes. Why are you saying this over and over? Boater also points out the means test only takes about 12.5 to 23% of the SS if you make over 32k. I am talking about a means test that will take a lot more of it as your income increases up to 100% So you want a 100% tax on SS? That's just plain weird. Sounds to me like you're not very familiar with regular income tax. Maybe you've been out of it too long. OK let me put this in a perspective you can understand. Do you think a person making over $250,000 a year in retirement should still get all of their SS? I think people should be taxed on the money they make no matter the source. If someone makes $250K/yr and receives and is normally supposed to get $24K/yr in SS (don't know how much SS gets you per year - feel free to adjust to whatever number you want), you are taxed on it. Is that really the big issue of our time? |
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