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So so shocked. But but they said that they would never go after social security.
This is going to go down like a lead ballon, even with the 60+ year old MAGAs.
They will blame immigrants, single mothers, non-whites and LGBTQ+ people, and ignore the facts.
Friendly reminder that Social Security is a separate government program that funds itself.
What Musk is talking about is stealing from Social Security in order to cut taxes elsewhere (namely cutting taxes for people like Musk).
That's not completely true. Social Security is supposed to fund itself, however it's currently facing a funding shortfall with current estimates that it will be depleted in 2035. There are many suggestions on how make this program solvent, including bolstering it with general funds.
I think a good start would be to stop allowing Republicans to raid Social Security for quick cash, like they've been constantly doing since the Reagan administration.
But then how could they argue it's insolvent‽
How does it fund itself? What's the income? Just Social Security Tax?
Yes, it's a payroll tax. Your paycheck may show how much you are paying into Social Security. This is money meant to help you and others after retirement. Musk wants to take that money and instead use it to fill unrelated gaps in the federal budget, gaps caused by Trump's tax cuts for the very wealthy.
Bring it, bitches. It's high time we face the consequences of our collective stupidity.
My stance. We voted for this. Let them do it. Get it over with. Let it all burn
OK, but we have to make it absolutely crystal clear who is doing this, who it's hurting, and who is benefiting. That's why reporting like this is important.
Trump just won an election by blaming democrats for Trump's own terrible economy.
Hopefully they stop all those subsidies that go towards farms and we all starve and die.
Wow! Who woulda guessed they would immediately reneg on a campaign "promise" and immediately attack the side of the population that most reliably votes for them?
doesn't need to be, of course. they just want to cut social security because 'the poors' rely on it more.
debt reduction efforts
deep-six every loophole used mostly or only by the wealthy to avoid paying their share of taxes.
increase funding for irs, streamline enforcement actions, give them the resources needed to go after the big fish.
eliminate the cap on social security contributions, lower the ceiling on benefits for the very wealthy retirees, while raising the minimum benefit.
single payer tax funded health care, paid by higher taxes on the wealthy.
raise the capital gains rates. raise the estate tax, lower the assets value needed to trigger it.
raise the marginal rates for high income earners (by a lot. i want reagan screaming from beyond)
budget problem fixed. well over $2 trillion a year pumped into the economy by people who are now no longer padding insurance companies' bottom lines with it. but we aren't done yet....
$12/hr min wage (wait wut?!?!?! wait for it....)
$24,000 universal tax credit for everyone. the higher taxes up^there on high income earners would negate this for them, and they fund it for the others that do receive it.
this is a compromise between the $15 (or higher) crowd and small businesses. a little lower fed min wage than what's being pushed, but then essentially doubled based on full time work via the tax credit all receive.
This could end badly for them. Old people without a means to continue surviving either have to continue working till they die, or die fighting the government.
The wealthy, who have had help all their life but imagine they did it all on their own, see needing help when you're poor as a disgusting moral failing. Many of them will also call themselves Christians.