The Truth About Social Security

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  • cthulhu_waves
    Confirmed User
    • Mar 2007
    • 1966

    #1

    The Truth About Social Security

    This is something that EVERYONE needs to see. Thanks to The Other 98% for sharing this with us.

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  • potter
    Confirmed User
    • Dec 2004
    • 6559

    #2
    Well, that graph gives the impression there is a problem with no income after 110k going into the program. That is not true.

    The problem with social security is that the poor put barely anything into the program, yet take a lot out of the program. That's why the program doesn't work, not because the rich aren't footing the bill.

    Comment

    • SGS
      Confirmed User
      • Dec 2002
      • 5176

      #3
      "The Truth About Social Security" is that most people on webmaster forums live on it.
      See sig...

      Comment

      • ThunderBalls
        So Fucking Banned
        • Oct 2002
        • 2926

        #4
        Originally posted by potter
        Well, that graph gives the impression there is a problem with no income after 110k going into the program. That is not true.

        The problem with social security is that the poor put barely anything into the program, yet take a lot out of the program. That's why the program doesn't work, not because the rich aren't footing the bill.

        Comment

        • pornguy
          Too lazy to set a custom title
          • Mar 2003
          • 62912

          #5
          everyone should pay in the same. No pay in, no take out. Very simple.
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          • SuckOnThis
            So Fucking Banned
            • Oct 2003
            • 6844

            #6
            Originally posted by JohnnyClips
            Calling Social Security a ponzi scheme is an insult to ponzi schemes. It's way worse

            Ironically you would have no problem qualifying for social security disability, just show them a few of your posts here.

            Comment

            • Minte
              Babemeister
              • Jun 2001
              • 7081

              #7
              How many millionaires and billionaires do you think actually draw social security?
              You might not be as anonymous as you think you are.

              Comment

              • SuckOnThis
                So Fucking Banned
                • Oct 2003
                • 6844

                #8
                Originally posted by Minte
                How many millionaires and billionaires do you think actually draw social security?
                Your point is?

                Comment

                • Dirty F
                  Too lazy to set a custom title
                  • Jul 2001
                  • 59204

                  #9
                  Originally posted by SuckOnThis
                  Your point is?
                  Think about it, real hard.

                  Comment

                  • Tjeezers
                    Webmaster
                    • Mar 2007
                    • 16602

                    #10
                    Originally posted by SGS
                    "The Truth About Social Security" is that most people on webmaster forums live on it.
                    In the country where I am social security is almost zero. Working pays off. But I know pretty many people who do have that kind of income and are bragging on forums they are king of sales. I am waiting for the day there is a Internet ID that connects all activity to your ID Number.....

                    It would clean the place up here a lot

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                    • SuckOnThis
                      So Fucking Banned
                      • Oct 2003
                      • 6844

                      #11
                      Originally posted by Dirty F
                      Think about it, real hard.

                      Because they don't need it they shouldnt have to contribute? Same as someone who doesnt have kids shouldnt have to pay property taxes? Someone who doesnt drive shouldnt have to pay sales tax? Oh wait, you don't even live in America.

                      Comment

                      • halfpint
                        GFY's Halfpint
                        • Jun 2007
                        • 15223

                        #12
                        When I lived over in SA there was no Social Security, If you dident work you got nothing although there were charitys who would help people out.

                        Since we came back to the UK over 25 years ago I have been out of work for at the most 3 months, yes Iv been lucky to always be able to find work and tbh the social security helped me out in those 3 months but I hated signing and felt degraded.

                        What pisses me off, is the people who never work and just take take and take and never give anything back. Yes we have a lot of those people over here in the UK. They should have a cut of time, If you dont get a job within 6 months ..no more money and hand outs. Get off your ass and work or get nothing simple.

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                        Comment

                        • SGS
                          Confirmed User
                          • Dec 2002
                          • 5176

                          #13
                          Originally posted by JohnnyClips
                          It is immoral to steal from one person and give to another
                          Tell that to Robin Hood...
                          See sig...

                          Comment

                          • sperbonzo
                            I'd rather be on my boat.
                            • May 2003
                            • 9750

                            #14
                            Originally posted by SGS
                            Tell that to Robin Hood...
                            Robin hood would have agreed. He took from the tax collectors and the nobles that lived on those taxes, and gave it back to the people they took it from in the first place.




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                            • SGS
                              Confirmed User
                              • Dec 2002
                              • 5176

                              #15
                              Originally posted by sperbonzo
                              Robin hood would have agreed. He took from the tax collectors and the nobles that lived on those taxes, and gave it back to the people they took it from in the first place.




                              .
                              In Nottingham the castle still stands but the Robin Hood Center we bust earlier this year.
                              See sig...

                              Comment

                              • woj
                                <&(©¿©)&>
                                • Jul 2002
                                • 47882

                                #16
                                the whole thing is a scam anyway, it should be optional, not required by law...it's not much more than another disguised tax....pretty much everyone on here will get fraction back of what they put in...


                                but lets not worry about this minor detail, lets just tax the "1%" more and all our problems will go away...
                                Last edited by woj; 11-21-2012, 12:47 PM.
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                                • epitome
                                  So Fucking Lame
                                  • Jun 2009
                                  • 12156

                                  #17
                                  Originally posted by Minte
                                  How many millionaires and billionaires do you think actually draw social security?
                                  Plenty. You really think they employ people full time to minimize their taxes and stop playing the game at 65? They will take every penny they can... Just won't talk about it.

                                  Comment

                                  • woj
                                    <&(©¿©)&>
                                    • Jul 2002
                                    • 47882

                                    #18
                                    Originally posted by epitome
                                    Plenty. You really think they employ people full time to minimize their taxes and stop playing the game at 65? They will take every penny they can... Just won't talk about it.
                                    but why wouldn't/shouldn't they? they paid into the system more than anyone else, so they don't deserve to get any of it back?
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                                    • Sly
                                      Let's do some business!
                                      • Sep 2004
                                      • 31376

                                      #19
                                      Originally posted by woj
                                      but why wouldn't/shouldn't they? they paid into the system more than anyone else, so they don't deserve to get any of it back?
                                      Because they are rich, duh!
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                                      • Minte
                                        Babemeister
                                        • Jun 2001
                                        • 7081

                                        #20
                                        It seems that with a lot of you, the NEW barometer of success is *how much can you get from Uncle Sam*.
                                        You might not be as anonymous as you think you are.

                                        Comment

                                        • PurrrsianPussyKat
                                          Confirmed User
                                          • Jan 2004
                                          • 2088

                                          #21
                                          Hugh Hefner collects social security.. when I saw that I was like.. Wut???
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                                          • epitome
                                            So Fucking Lame
                                            • Jun 2009
                                            • 12156

                                            #22
                                            Originally posted by woj
                                            but why wouldn't/shouldn't they? they paid into the system more than anyone else, so they don't deserve to get any of it back?
                                            I never said they shouldn't. It was Minte that implied they don't.

                                            Comment

                                            • epitome
                                              So Fucking Lame
                                              • Jun 2009
                                              • 12156

                                              #23
                                              Originally posted by Minte
                                              It seems that with a lot of you, the NEW barometer of success is *how much can you get from Uncle Sam*.
                                              Where do you get that idea? Most people pay taxes and do not use every trick in the book to minimize what that pay. That distinction would go to the likes of Mitt Romney who uses tax loopholes that Congress ends up having to close.

                                              Comment

                                              • candyflip
                                                Carpe Visio
                                                • Jul 2002
                                                • 43069

                                                #24
                                                Its evident from posts here that some people don't even know what SS even is.

                                                Spend you some brain.
                                                Email Me

                                                Comment

                                                • Minte
                                                  Babemeister
                                                  • Jun 2001
                                                  • 7081

                                                  #25
                                                  Originally posted by woj
                                                  but why wouldn't/shouldn't they? they paid into the system more than anyone else, so they don't deserve to get any of it back?
                                                  Not according to many here,. Like I believe..the new mantra is.

                                                  Why work hard when I can get it all for free? Let some other dumb bastard work his ass off his whole life but don't forget to gimme mine!!
                                                  You might not be as anonymous as you think you are.

                                                  Comment

                                                  • epitome
                                                    So Fucking Lame
                                                    • Jun 2009
                                                    • 12156

                                                    #26
                                                    Originally posted by Minte
                                                    Not according to many here,. Like I believe..the new mantra is.

                                                    Why work hard when I can get it all for free? Let some other dumb bastard work his ass off his whole life but don't forget to gimme mine!!
                                                    You do know you have to have a certain number of credits from paying in to get social security right? You know... That personalized pamphlet they mail every few years letting you know where you are?

                                                    Comment

                                                    • _Richard_
                                                      Too lazy to set a custom title
                                                      • Oct 2006
                                                      • 30991

                                                      #27
                                                      Originally posted by Minte
                                                      How many millionaires and billionaires do you think actually draw social security?
                                                      isn't most of the debt of the US owed to its own social security?

                                                      Comment

                                                      • L-Pink
                                                        working on my tan
                                                        • Mar 2005
                                                        • 39151

                                                        #28
                                                        Originally posted by Minte
                                                        How many millionaires and billionaires do you think actually draw social security?
                                                        And how many own businesses that have to match the employees contribution? That's a very overlooked tax. How many here even know the employer matches the taxpayers tax?

                                                        When I owned a retail business my taxes did stop at around $100,000. However I was matching the taxes of 40 plus employees. Yea ? I got off real easy and didn't pay my share.

                                                        Comment

                                                        • AutumnBH
                                                          Confirmed User
                                                          • Oct 2012
                                                          • 297

                                                          #29
                                                          You can judge how civilized a society is by how it treats its weakest citizens.

                                                          By that measure, the self confessed leader of the free world isn't very civilized.

                                                          Comment

                                                          • EddyTheDog
                                                            Just Doing My Own Thing
                                                            • Jan 2011
                                                            • 25433

                                                            #30
                                                            I don't know about the US but there are plenty of 'former' millionaires in Europe on benefits now.

                                                            In the UK we call it National Insurance and that's a good name for it - When it works you get paid when you need it.

                                                            Comment

                                                            • epitome
                                                              So Fucking Lame
                                                              • Jun 2009
                                                              • 12156

                                                              #31
                                                              Originally posted by L-Pink
                                                              And how many own businesses that have to match the employees contribution? That's a very overlooked tax. How many here even know the employer matches the taxpayers tax?

                                                              When I owned a retail business my taxes did stop at around $100,000. However I was matching the taxes of 40 plus employees. Yea ? I got off real easy and didn't pay my share.
                                                              Anyone who is self-employed here should know that since you end up paying both sides for yourself.

                                                              Comment

                                                              • epitome
                                                                So Fucking Lame
                                                                • Jun 2009
                                                                • 12156

                                                                #32
                                                                Originally posted by JohnnyClips
                                                                Anyone who relies on social security is a loser

                                                                The system is fucked. We need to break free!
                                                                Your system of standing on a street corner begging for money does have its merits.

                                                                Comment

                                                                • EddyTheDog
                                                                  Just Doing My Own Thing
                                                                  • Jan 2011
                                                                  • 25433

                                                                  #33
                                                                  Originally posted by epitome
                                                                  Anyone who is self-employed here should know that since you end up paying both sides for yourself.
                                                                  I am guessing that its the self important idiots moaning about others 'ponsing' off the state that pay the least and take the most.

                                                                  Comment

                                                                  • BlackCrayon
                                                                    Too lazy to set a custom title
                                                                    • Jun 2003
                                                                    • 19634

                                                                    #34
                                                                    Originally posted by Minte
                                                                    How many millionaires and billionaires do you think actually draw social security?
                                                                    i bet plenty do once they can. why wouldn't they? they paid into it. i don't know how it works in the states but in canada its mostly based on how much you paid into it. if you paid nothing or next to nothing you'll only get a few hundred a month.
                                                                    you don't know you're wearing a leash if you sit by the peg all day..

                                                                    Comment

                                                                    • weewilly
                                                                      Confirmed User
                                                                      • Jul 2012
                                                                      • 190

                                                                      #35
                                                                      Social Security was created when people lived to 68 or so with our expanding life spans there needs to be a correction on the way benefits are calculated.
                                                                      2nd thing is that excess funds should not be considered part of the general budget fund and spent. They use a device called a Green Bond as an IOU. These bonds do not pay interest that is the second problem. If we solved these 2 things SS would be solvent.
                                                                      But instead they will increase the minimum age to 70.

                                                                      Comment

                                                                      • AsianDivaGirlsWebDude
                                                                        Purveyor, Fine Asian Porn
                                                                        • Jul 2004
                                                                        • 38323

                                                                        #36




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                                                                        • v4 media
                                                                          Confirmed User
                                                                          • Feb 2005
                                                                          • 2934

                                                                          #37
                                                                          Originally posted by halfpint
                                                                          When I lived over in SA there was no Social Security, If you dident work you got nothing although there were charitys who would help people out.

                                                                          Since we came back to the UK over 25 years ago I have been out of work for at the most 3 months, yes Iv been lucky to always be able to find work and tbh the social security helped me out in those 3 months but I hated signing and felt degraded.

                                                                          What pisses me off, is the people who never work and just take take and take and never give anything back. Yes we have a lot of those people over here in the UK. They should have a cut of time, If you dont get a job within 6 months ..no more money and hand outs. Get off your ass and work or get nothing simple.
                                                                          Your social security (N.I) also pays for your free healthcare and pension. so you will/do use it.

                                                                          At least its % based in the UK. In Spain its $300 minimum a month. that's why there's so much black market working going on. Even if you earn $1000 a month you have to pay $300 in social security.

                                                                          Netherlands was a fair system when I lived there, it's cheap if you earn a low wage around 30 euros then about 100euros if you earn more, that was 12 years ago though, so probably gone up.

                                                                          Comment

                                                                          • DatingFactory
                                                                            Confirmed User
                                                                            • Mar 2012
                                                                            • 459

                                                                            #38
                                                                            Originally posted by cthulhu_waves
                                                                            This is something that EVERYONE needs to see. Thanks to The Other 98% for sharing this with us.

                                                                            Isn't this the Romney recipe?

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                                                                            • F-U-Jimmy
                                                                              Confirmed User
                                                                              • Apr 2006
                                                                              • 6853

                                                                              #39
                                                                              In the UK National Insurance covered a multitude of things, including but not limited to Health benefits and Pensions. I used to pay around £650.00 a month 20 years ago when i lived there. That equates to around $1100.00 a month.

                                                                              Also note that gas has a 60% tax, some of which was supposed to go towards the health system?
                                                                              VAT ( sales tax ) or the tax paid on almost every item purchased in the UK is now 20% . 20 years ago it was 15%.. Imagine the tax on a new car !!!!!!!!!!
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                                                                              • Robbie
                                                                                Leaner, Meaner, Faster
                                                                                • Aug 2002
                                                                                • 20960

                                                                                #40
                                                                                Guys. Social Security is supposed to be YOU paying in enough money for YOU to get it back when you reach a certain age.

                                                                                That is why it is capped at $110,000 per year.

                                                                                It's not welfare, and it's not intended for one person to pay for another person.
                                                                                -Robbie
                                                                                ClaudiaMarie.Com

                                                                                Comment

                                                                                • L-Pink
                                                                                  working on my tan
                                                                                  • Mar 2005
                                                                                  • 39151

                                                                                  #41
                                                                                  Originally posted by Robbie
                                                                                  Guys. Social Security is supposed to be YOU paying in enough money for YOU to get it back when you reach a certain age.

                                                                                  That is why it is capped at $110,000 per year.

                                                                                  It's not welfare, and it's not intended for one person to pay for another person.
                                                                                  Perfectly stated.

                                                                                  .

                                                                                  Comment

                                                                                  • potter
                                                                                    Confirmed User
                                                                                    • Dec 2004
                                                                                    • 6559

                                                                                    #42
                                                                                    Originally posted by Robbie
                                                                                    Guys. Social Security is supposed to be YOU paying in enough money for YOU to get it back when you reach a certain age.

                                                                                    That is why it is capped at $110,000 per year.

                                                                                    It's not welfare, and it's not intended for one person to pay for another person.
                                                                                    It is welfare. It's a tax for stupid people who don't have the foresight to invest their earnings so they have something to rely on when they're old. It's also, in a simplified sense, a giant pool of money people put into, and then others can take out of (some more than others if they need it, some more than they put in, some less than they put in), which by definition really is welfare - it's a social structure to ensure the well being of the public.

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