The guying paying in $117K is also getting back a larger percent of his pre-retirement income than the $200k person as well. They are going to both draw the same SS assuming they paid the max in for the 35 year calculation (or however many years are used in the calculation now days).
Social Security was not really meant to be "a tax" anyway until there was a chance of the SC shooting it down as unconstitutional. For federal taxes, I am really great with everyone paying a flat percentage and do away with all tax breaks. In fact, if social security rules were the same for everyone then I would be great with a flat tax for it as well. How many people other than the rich have to pay taxes on their social security income? Yea, that is another way the "rich" get screwed on what they receive for paying in all those years.
How do you figure the rich get back more? Based on current SS projections and what my father-in-law draws, I would get about $900 a month more than him. He never made over $70K his entire life. I have paid the max each year for at least the last 15 years and expect to do the same for the next 10 - 15. How does that mean the "rich" are getting back "more". They are getting back a less percent that they paid in compared to someone that made low wages.
That should not have happened either...neither should the fat cat union bosses at GM.
That is easy for you to say being in that taker group. Tell the guy making $200k that he now has to contribute more so the people making under $117K can pay less. That is the lib way though...redistribution of wealth. If you are getting taxed on all your income for social security, then you should get paid by social security when you retire to compensate. Then people would be #$%$ that the millionaire was receiving too much social security.
By the way, how do you think the 10 million or so that make more than the $117k is going to fix the problem of payouts to 63 million? Oh wait, just more lib redistribution.
Actually, for a lot of social security recipients, it was THEIR money before the government took it. If the money I had paid into social security had been invested by me, I would have retired by now.
You are a freakin moron. LOL. Get off the meth dude.
Do you ever wonder where tax collections will stop? Social security payouts is going up 1.5% for inflation, but the cutoff for paying social security taxes is going from $113,700 in 2013 to $117,000 in 2014. The 1.5% "inflation factor" would raise the limit to about $115,400, but NO, the government is raising the max amount paid on social security by 2.9%. This sounds like more Obummer math to me as I thought both the "base amount" for paying social security and the payouts both were tied to COLA. With this impacting 10M plus people, then the government silently gets another $2+ billion to blow.
ROFLMAO...you are too funny. "The rate of sign-ups is rapidly increasing"....from 100K to 200K is rapidly increasing and this is with Obummer out kissing butt to try and get people to sign up. LOL. At this rate, the 10M that lost coverage will be signed up in 2016.
Because for most people the penalty is small compared to the price of insurance that is #$%$ with the huge deductibles required to almost make it affordable.
"sell the news"? It isn't like the market was paying attention to any back room deals going on in Washington. Wall Street is "selling the news" because they see long term harm to the economy by Uncle Sam just printing more money and running up more debt without any plans to even think about addressing the issue for 2 years.
I have never had respect for "this guy", so how do you answer that question? LOL
Well billyliar...had to create yet another alias? Reported!!! LOL
Yea, the market has really liked the caving into status quo bankrupting of America. The DOW is down 270 points in 2 days since this was announced. Yea, bodes well for the market.
If only Odummy and the democraps could do the same with OdummyCare.....They broke it and they own it!!!
Just more "do nothing" congress that wants to kick the can down the road until after mid-term elections. WE WILL NOT let the democraps, Odummy or the #$%$ rino GOP forget their screw-ups and bad actions come the 2014 election.
And DBI does what type of data mining and big data analytics that would compete with Autonomy that would make you think Meg is giving up on Autonomy?
They aren't dead. Companies and consumers still buy them but just not in the volume as before. In fact, I just ordered a PC to replace my 5 year old desktop at home. It is a great compliment to the laptop and tablet that I also use.
Once again you are wrong.
On #1, I didn't say he had seen the plans but they do know how it will work as contracts have to be signed with the insurance carriers. You think they all wait until Jan 1 for that activity?
On #2, you are once again mostly wrong. They can be an "out of network" and service those people but the insurance will pay a lot less and yes, the patient can be responsible for the difference. Most people will not go out of plan and therefore the doctors will not see them.
On #3, that is correct but they work for the plans for which they can get paid better. That is why they won't accept the exchange plans.