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12-14-2017, 09:58 PM #5
It's idiots like Paul Ryan who have destroyed our country. Please God, let it be true that he's retiring form Congress. PLEASE!!
No, you do not need to breed more retirees, if and when SS and Medicare runs out of money, you simply raise the payroll tax. SS tax has not been raised in 27 years (1990), the Medicare tax has not been raised in 31 years (1987). These taxes have been raised routinely throughout our history to keep up with the costs of the program to meet its objectives. The notion that younger people pay the taxes to fund those retiring is an ass-backwards philosophy. The trust fund is what it is, because of how many taxes retirees have paid into it. This is their money going back to them. Younger people are contributing to pay for their themselves when they reach that age. The key to its success is adequate payroll taxes to cover the costs and higher wages to which the tax rate is applied.
https://www.ssa.gov/oact/progdata/taxRates.html
It's not SS and Medicare bankrupting our government, it's poverty programs from massive immigration and free trade treason, not our retirement program.A Nation Without Borders Is Not A Nation - Ronald Reagan
Save America, Deport Congress! - Judy
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