| Re: "Humans 'very likely' making earth warmer" is wrong
no spam <no@spam.net> wrote:
>>>>> Fourth, there is no way the SS system will last much longer. When it reaches the point where
>>>>> you have just 2 or 3 workers to support one SS recipient AND welfare AND the rest of the other
>>>>> government expenses they will just say 'screw this'.
>>>> Fortunately there are also self employed paying into social security.
>>>> There are a very large number of people who do pay SS withholding taxes, but they effectively
>>>> contribute nothing because they get a tax
>>>> credit for having kids.
>>> My point still stands. The system can not be supported much longer. The drain will be just too
>>> much.
>> You fools have been claiming that for decades now. It carrys on regardless.
> Because the numbers don't lie.
No numbers involved in that stupid claim that it cant last much longer.
> Demographics show that the number of retirees will soon be near equal to the number of tax payers.
Pig ignorant lie.
> Right now it is limping along on life support by sucking money out of the
> general fund because the dems sucked the SS fund dry many years ago.
Another pig ignorant lie.
> BTW, do you know why the retirement age was set at 65? It was because the average life spand was,
> IIRC, 62.
Another pig ignorant lie.
> That meant that most people were supposed to die before they could get any money. IOW, it was set
> up by FDR as a money maker for the government.
Another pig ignorant lie.
>>>>> There is already a fairly large 'under the table' and barter economy going out there that is
>>>>> not taxed now. How large do you thing its going to get when 50+% of wages are going to taxes?
>>>> It is already 50+ for many people, for very successful
>>>> self employed, the tax rate is 33 percent on the amount over
>>>> a certain amount, and the self employment SS taxes are
>>>> 15.3 percent, plus local and state income tax and sales
>>>> tax on some things and real estate tax and personal
>>>> property tax.
>>>> And if they have employees, there is state and
>>>> federal unemployment tax, 7.65 percent SS contribution
>>>> on all of the employee earnings, plus workers compensation
>>>> taxes,
>>> True but when Joe Smuck can look at his pay stub and see he's only
>>> bring home $1 out of every $2 he's worked for I think things will change.
>> Have fun explaining why it didnt in europe when that happened.
> It is happening.
No it isnt.
> Look at France and Germany.
It isnt happening there.
> The had RIOTS because the government is trying to trim back some of the goodies the government
> gives out because there's not enough money to pay for them.
Pig ignorant lie. The frogs riot about all sorts of things, and it wasnt about that.
And have fun explaining Holland and scandinavia where they got no riots when that happened.
> And this with the US paying for most of their defence from the 40's.
Another pig ignorant lie.
>> And it wont get to that rate in the US anyway.
> Why not, is there going to be a big die off of old people?
Nope, because the US has a lot more younger people, mostly
due to immigration, legal and illegal and an unemployment rate
of 5% which ensures that most of those are paying their taxes.
>>> For one thing if he's getting that big of a shaft
>> Wont happen, you watch.
> I will be. There's a chance that what will happen will make the
> retirement problems in the former USSR look like a mild recession.
Nope, not a chance. The US economy has always left that one for dead.
In fact its the strength of the US economy that allow it to
afford the military spending that is what sank the USSR
economy beneath the waves when it couldnt keep up.
>>> think how much the people you are talking about are getting.
>> Neither will that.
>>> They'll have to raise the top tax rate to 90% again.
>> Not a chance, you watch.
> yeah and the income tax will only be applied to the top 1% money
> makers and your SS number will never be used as a ID number and he never had sexual relations with
> that woman and man will never fly. . .
The US will never again have a top rate of 90%, the world's
moved on forever on those very high rates, even in europe.
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