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#2
posted to rec.boats
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Why we can't have good things
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. Lifting the cap alone is not really that much help. All you really have to do top see that is look at the delta between Medicare and SS. Medicare is not capped now. Bull****. How would you compare it? They're two completely different programs and need different fixes. It is actually quite simple SS is capped and Medicare isn't. You have no problem seeing how much is raised and interpolate what happens when the cap is lifted on SS. Apples to oranges. But feel free to look stupid in public. As usual you totally miss the point. The point on the top of your head? Didn't miss it at tall. 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. " 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 ****. 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. |
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#3
posted to rec.boats
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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? |
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#4
posted to rec.boats
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Why we can't have good things
On Tue, 02 Apr 2013 23:51:08 -0400, wrote:
On Tue, 02 Apr 2013 17:33:02 -0700, Urin Asshole wrote: On Tue, 02 Apr 2013 01:38:53 -0400, wrote: 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. Let's see if that lasts forever. We are still young. That's right. Only 250 years or so? Ok. You got me there. 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 is running a $85 billion dollar deficit and no plan to fix it,. How is that not an immediate problem? $85B? Why does that number sound familiar? I know, I know. It's the big oil subsidy. Eliminate that, and we're good to go. What's more important, big oil getting money it doesn't need or people getting their Social Security? Hmmmm.... |
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#5
posted to rec.boats
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Why we can't have good things
On 4/1/2013 10:50 PM, wrote:
My kids may get most of my SS money when I die. How does that work? |
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#6
posted to rec.boats
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Why we can't have good things
On Tue, 02 Apr 2013 08:13:37 -0400, Hank© wrote:
On 4/1/2013 10:50 PM, wrote: My kids may get most of my SS money when I die. How does that work? Invest the SS check and pass it on. Salmonbait -- 'Name-calling'...the liberals' last resort. |
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#7
posted to rec.boats
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Why we can't have good things
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#8
posted to rec.boats
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Why we can't have good things
On Tue, 02 Apr 2013 12:12:30 -0400, Hank© wrote:
On 4/2/2013 10:47 AM, wrote: On Tue, 02 Apr 2013 08:13:37 -0400, Hank© wrote: On 4/1/2013 10:50 PM, wrote: My kids may get most of my SS money when I die. How does that work? I am not spending it right now. You are cashing the checks and putting the money away? Electronic deposit to a money market account. Moved from there as desired. Salmonbait -- 'Name-calling' - the liberals' last stand. |
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#9
posted to rec.boats
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Why we can't have good things
On Tue, 02 Apr 2013 12:12:30 -0400, Hank© wrote:
On 4/2/2013 10:47 AM, wrote: On Tue, 02 Apr 2013 08:13:37 -0400, Hank© wrote: On 4/1/2013 10:50 PM, wrote: My kids may get most of my SS money when I die. How does that work? I am not spending it right now. You are cashing the checks and putting the money away? Whoops, sorry, I didn't realize you were asking Greg. Salmonbait -- 'Name-calling' - the liberals' last stand. |
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#10
posted to rec.boats
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Why we can't have good things
In article ,
says... On Tue, 02 Apr 2013 12:12:30 -0400, Hank© wrote: On 4/2/2013 10:47 AM, wrote: On Tue, 02 Apr 2013 08:13:37 -0400, Hank© wrote: On 4/1/2013 10:50 PM, wrote: My kids may get most of my SS money when I die. How does that work? I am not spending it right now. You are cashing the checks and putting the money away? Yes. In real life, there is no check these days. It is a direct transfer. But you can give it back, and you should seeing how you think it's dirty money. |
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