Author Topic: Warren unveils Social Security plan that raises benefits by $200 per month  (Read 273 times)

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Offline mystery-ak

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Warren unveils Social Security plan that raises benefits by $200 per month
By Aris Folley - 09/12/19 09:02 AM EDT

Sen. Elizabeth Warren (D-Mass.) released a plan to bolster Social Security on Thursday that would raise benefits by $200 a month for current and future beneficiaries of the program.

Warren would fund the hike in benefits by raising contribution requirements on the nation's wealthiest households by imposing a new Social Security 14.8 percent contribution requirement on wages above $250,000.

Warren would also create a new 14.8 percent contribution requirement on net investment income on individuals with investment income above $250,000, and families with investment income above $400,000.
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Investment income right now is not hit with a Social Security tax, and taxes on wages top out at $132,900 — a figure that is raised annually.

“Currently, the rich contribute a far smaller portion of their income to Social Security than everyone else,” Warren said in the email unveiling the proposal. “That’s wrong, and it’s threatening the solvency of the program.”

more
https://thehill.com/homenews/campaign/461046-warren-unveils-proposal-to-increase-social-security-benefits-by-200-monthly
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Offline Bigun

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Re: Warren unveils Social Security plan that raises benefits by $200 per month
« Reply #1 on: September 12, 2019, 03:41:42 PM »
Buying votes with other peoples money!  How novel is that? /s

Offline cato potatoe

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Re: Warren unveils Social Security plan that raises benefits by $200 per month
« Reply #2 on: September 12, 2019, 04:02:07 PM »
What a ridiculous proposal.  Social security benefits are indexed based upon taxable SS wages.  The upper class already gets screwed on their return.  But no doubt your average dim would approve of theft by any means.
« Last Edit: September 12, 2019, 04:03:36 PM by cato potatoe »

Online skeeter

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Re: Warren unveils Social Security plan that raises benefits by $200 per month
« Reply #3 on: September 12, 2019, 04:06:04 PM »
Buying votes with other peoples money!  How novel is that? /s

The rat robs Peter to pay Paul, then robs Paul to pay Peter.

In Nov Peter and Paul march hand in hand to cast their vote for the rat because, well, perhaps they're stupid enough to believe it pays.

Thats the plan.

Online aligncare

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Re: Warren unveils Social Security plan that raises benefits by $200 per month
« Reply #4 on: September 12, 2019, 04:24:04 PM »
Buying votes with other peoples money!  How novel is that? /s


A grand old political tradition, this “walking around money;” writ large for America’s 21st century neo-socialists.

Offline Jazzhead

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Re: Warren unveils Social Security plan that raises benefits by $200 per month
« Reply #5 on: September 12, 2019, 04:31:34 PM »
Buying votes with other peoples money!  How novel is that? /s

Completely irresponsible, and brilliant politics.   More money for everyone that can be pitched on a t-shirt or lapel button.   

I'd be curious to see how much it would cost if provided for honestly - that is, by a uniform percentage increase in the FICA contributions that all working individuals and their employers pay.   But libs now denounce FICA as a regressive tax, and demand that broad-based entitlements be asymmetrically paid for by the "rich".     
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Offline IsailedawayfromFR

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Re: Warren unveils Social Security plan that raises benefits by $200 per month
« Reply #6 on: September 12, 2019, 04:41:46 PM »
Buying votes with other peoples money!  How novel is that? /s
Buying votes has been the Democrat party's modus operandi since the Tammany Hall days in NY.

And using immigrants to get votes was central to the practice.
“no punishment, in my opinion, is too great, for the man who can build his greatness upon his country's ruin” ~  George Washington

Online 240B

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Re: Warren unveils Social Security plan that raises benefits by $200 per month
« Reply #7 on: September 12, 2019, 04:56:40 PM »
Why only $200?
Why not $2000 a month or $20,000?
As long as you are pulling fantasy dollars out your butt, go for the big time!
You cannot "COEXIST" with people who want to kill you.
If they kill their own with no conscience, there is nothing to stop them from killing you.
Rational fear and anger at vicious murderous Islamic terrorists is the same as irrational antisemitism, according to the Leftists.

Offline mystery-ak

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