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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWhy Republicans want to abolish social security
During your working life, you pay 6.2% of your income up to a limit $137,000. Your employer also pays a matching 6.2%. It is that matching 6.2% or $8537 possible max that Republicans deeply resent shelling out for your retirement security.
The old canard about SSI being creeping socialism is -- Yeah? Well so what?
That's their real motive. They can duck all other taxes.
XanaDUer2
(10,638 posts)Fuck them. They're too stupid or racist or both to realize how shitty their party is and wants to screw them over. If it was just them, fine, they screw the rest of us
Hotler
(11,412 posts)into unsafe investments such as Wall St.. It is always about money.
Captain Zero
(6,800 posts)But they are going to divert that revenue stream from employees into financial instruments that they can Rob Blind. It's all about the REVENUE STREAM. They want it.
MarcA
(2,195 posts)vlyons
(10,252 posts)retirements investment products that they will happily manage for us for a fee.
njhoneybadger
(3,910 posts)These people are very very low information
TheFarseer
(9,319 posts)On saving SS, all while trying to kill SS. Mind boggling.
ooky
(8,922 posts)They blow right by their politicians lies about SS and health care and move on to other stuff. Today has been the Durham investigation, how "Biden and Harris approve of 'riots' in the streets", and SCOTUS. Their new, repetitive talking point this weekend is its perfectly fine to vote on a new SCOTUS justice in an election year "if the President and Senate majority are of the same party" making up the rules as they go. Its repeated several times an hour. And their sheep believe all this poop, because they never watch anything else. They have been propagandized beyond belief.
LakeArenal
(28,813 posts)Isnt that part of the reason its in trouble?
vlyons
(10,252 posts)It should be raised to $400,000 or even higher. $2 mil seems about right, or $124,000 each from employee and employer.
Mike 03
(16,616 posts)I had all sorts of theories that weren't close in precision and believability to your statement.
Kicking
Hortensis
(58,785 posts)it due to conservative notions about the corrupting effects of government programs, and of course the resentment of many voters that the benefits were available to everyone, not just those "like them."
Only those SS was meant for and who needed it came around to acceptance. The rest have been trying to destroy it since inception and were often blatantly public about it. RW recipients have been voting them into power for over 8 decades, apparently always secretly believing we'd always be able to save it for them.
Btw, when the Repubs won control of both houses in the 1994 midterms, both Bob Dole and Newt Gingrich FIRST THING, while celebrating with press conferences on the steps of the Capitol and being asked what they would do now, said maybe they'd repeal Social Security. They said it 3 times that I heard, separately and together. Turns out they couldn't then. But now, after 85 years of this as a prime goal and passionate hate, they're far closer than they've ever been.
As I congratulated a very stupid, hard-core trumpster neighbor who was complaining that her Medicare didn't pay enough. Congratulated her on her success in that also.
no_hypocrisy
(46,067 posts)Social Security helps keep poverty in abeyance for seniors and the disabled. Without those funds, this demographic would have no choice but to depend upon their families, who likely don't have those assets available -- or they go begging for charity at "the Church," which will demand subjugation to their dogma in order to eat, to get medicine, perhaps a place to live. Nothing is for free.
NBachers
(17,098 posts)JHB
(37,158 posts)Successful, popular programs are practical examples that argue for more.
But that goes directly against Conservatively Correct policy, so no matter what it does on a practical level, hi has to be eliminated.
Conservatism is the original "Cancel Culture."