Ervin Burrell said:
Boomers, the most selfish and entitled generation of all time, are acting selfish and entitled? No way.
Ya damn them for wanting their money back. We should just steal it.
Raise taxes on younger workers to support SS benefits
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Last: 2 days ago by P.H. Dexippus
Ya damn them for wanting their money back. We should just steal it.
McNasty said:
Increase the age limit and add means testing so we don't have people using SS to gold plate their early retirement. It is completely unfair to saddle those of us still producing with higher taxes, no hope for SS ourselves, and a ballooning debt. But boomers will get theirs, regardless of the burden left to their kids and grandkids. I suspect their belief is that they will have more money to leave to their heirs, so at least the only ones they truly care about will be fine.
In the 1980's Boomers wanted to end the program and replace it with personal retirement funds. The previous generations fell for the AARP propaganda that they would lose their benefits. Thus nothing was done. If younger generations want to elect representatives who will end the program, good luck.
Granted, many Boomers invested in retirement accounts and can afford a decent life in retirement. They didn't expect SS to still be around this long. Just be aware that many Boomers who only have SS to support them often are choosing between buying necessary medications or food. By the way, retirees in the 1980's who tried to live off SS benefits alone had the same issues. SS is not now and never was a full retirement pension. It is and always has been no more than a safety net.
Those that did invest for their own retirement did not necessarily expect SS benefits throughout their careers because SS has been less than a decade away from collapse for a very long time.
The difference I see is that the Boomers worked and saved and paid for the benefits for the previous generations in SS without complaining. The current generation appears to continuously whine about their predecessors rather than making any sacrifices to make a successful life of their own.
I favor taxing the young because they need to learn the joys of high-tax rates as soon as possible given their voting patterns.
Ervin Burrell said:
Boomers, the most selfish and entitled generation of all time, are acting selfish and entitled? No way.
What about FDR, the liberal who created SS? And LBJ, the liberal who created Medicare? Neither of those guys were boomers.
zephyr88 said:
Misdirected... the boomers didn't do anything other than take the draws they were promised.
The folks who failed you (and the rest of us) are the elected ass-hats in Washington.
Which generation is most responsible for electing said asshats? And which generation were most of said asshats a part of?
Uh huh. Also they voted for the incompetent simpletons in DC who got us $40T in debt. Thanks for that. Keep kicking the debt can down the road til its Gen Z's problem and by then the olds will all have croaked.
stallion6 said:UTExan said:
How about no.
I would be fine in capping SS payouts at $3,000 per month instead of the absurd top end payment of $5,181 because the country is never going to do away with SS.
But SS was never intended to be a sole source of retirement income; it was intended to stave off starvation.
So you don't think those that have paid deserve what the policy promised? You only mentioned capped and not a guaranteed minimum for those that have paid maybe 40 plus years. Agree that SS was never intended to be a sole source of income when created. But what would you tell those that have paid in over the years and now face growing costs like Texas property tax that has increased approximately 400% over the last 30 years? You telling the 80-90 year olds go get a job?
Come on the vast majority of property taxes in Texas is frozen at 65 thus no increase. I do not agree with means testing social security by the way. However means test social security disability would be okay by me and increase full retirement age by a couple of years as well as an increase in the wage cap in exchange for privatizing half or some portion similar of ss and allowing people to invest the money privately as they please for their own retirement would be a place that I would be willing to begin negotiations at as a worker in my mid-40s.
PaulsBunions said:
Uh huh. Also they voted for the incompetent simpletons in DC who got us $40T in debt. Thanks for that. Keep kicking the debt can down the road til its Gen Z's problem and by then the olds will all have croaked.
Sorry but it is every generation that keeps electing idiots representatives. It isn't Boomers who are have elected radical communists into power. Of course your communists will get it right this time.
Edit to addd: As Boomers became a smaller part of the voting population, the debt has exploded. Maybe your wrath is misdirected.
I'll tell y'all the same thing I always do on these threads.
Give me back the half million me and my employer have paid in in lieu of receiving Social Security benefits and I'll call it even. I don't even need the interest it would have accumulated over the four decades I paid in.
Give me back the half million me and my employer have paid in in lieu of receiving Social Security benefits and I'll call it even. I don't even need the interest it would have accumulated over the four decades I paid in.
If social security is going to be our backstop for older people, cut spending on everything else and fund it. Cost cutting is the answer. Cut to where you just have SS. This will push young people on other social services to work, and if they need support when young, they will have to rely on generous help from others. Maybe it will help the younger workers as well, relying on neighbors vs a mailbox check.
Lots of ways to fix it, besides taxes. What are our priorities and what do we want to encourage.
Lots of ways to fix it, besides taxes. What are our priorities and what do we want to encourage.
I have paid in for 49 years (so far) without collecting a dime.
I'm a horrible person.
I'm a horrible person.
UTExan said:
How about no.
I would be fine in capping SS payouts at $3,000 per month instead of the absurd top end payment of $5,181 because the country is never going to do away with SS.
But SS was never intended to be a sole source of retirement income; it was intended to stave off starvation.
And to all of us who have been paying 5.7% of every paycheck for 45+ years equating to $500K+ that I could have invested in the market?
Gig'Em and God Bless,
JB'91
JB'91
BuddysBud said:PaulsBunions said:
Uh huh. Also they voted for the incompetent simpletons in DC who got us $40T in debt. Thanks for that. Keep kicking the debt can down the road til its Gen Z's problem and by then the olds will all have croaked.
Sorry but it is every generation that keeps electing idiots representatives. It isn't Boomers who are have elected radical communists into power. Of course your communists will get it right this time.
Yeah dude I want fiscally sound government so I must be a communist. Think before you post next time.
"E-everybody elects bad politicians so that means we're excused" is not a good answer. Talk about entitlement.
Ervin Burrell said:
Boomers, the most selfish and entitled generation of all time, are acting selfish and entitled? No way.
Weak sauce post. Pay the piper Ervin.
Gig'Em and God Bless,
JB'91
JB'91
How much of the vote would a "cut federal spending and entitlements" candidate even get at this point? Less than 5%? All being under 40?
Democrats vote for food stamps, socialism, and openly higher taxes.
Republicans vote for SS/healthcare/corporate welfare and propping up the Ponzi scheme of a stock market that no longer represents a healthy economy.
Us young folks who believe in small government are screwed 6 different ways to Sunday.
Democrats vote for food stamps, socialism, and openly higher taxes.
Republicans vote for SS/healthcare/corporate welfare and propping up the Ponzi scheme of a stock market that no longer represents a healthy economy.
Us young folks who believe in small government are screwed 6 different ways to Sunday.
Eliminate the gross amounts of social security disability and Medicare/Medicaid fraud and then we can talk.
Ervin Burrell said:zephyr88 said:
Misdirected... the boomers didn't do anything other than take the draws they were promised.
The folks who failed you (and the rest of us) are the elected ass-hats in Washington.
Which generation is most responsible for electing said asshats? And which generation were most of said asshats a part of?
I guess every generation other than Gen Z because it is still happening. I'm the first year of Gen X, and I've never once voted for a Democrat or anyone that campaigned on bigger government.
Until I hit my early 50s, I said I would give up every penny I had contributed to social security to that point if the feds would let me out of the system, stop the SS witholding, and let me invest the rest for myself for the rest of my life.
Now that I'm in my early 60s, I would like to get the meager allowance I'm supposed to receive. I still put way more into the system than I'll ever get back. Sue me.
"Well, doctor, what have we got, a republic or a monarchy?" "A republic, if you can keep it" - Benjamin Franklin
Logos Stick said:
This chart is from a CATO poll where 89% of folks 65+ favor raising taxes on younger workers to protect SS benefits rather than cutting them. Given the breakdown of other age groups, taxes are most likely going to be raised.
Based on latest projection, the SS trust fund will be depleted one year earlier: fourth quarter of 2032. The money is all gone anyway, but that is the first year that SS will have a deficit and pay out more than it has taken in during it's existence.89% of senior citizens support raising taxes on younger workers to maintain their benefits.
— Russ Greene (@GreenPlusAnE) June 16, 2026
The median primary voter is 65. pic.twitter.com/y81V5vb0Yc
This sounds like rage bait for people to go after the Boomers.
Not that anyone under the age of geriatric needs a reason to go after Boomers, but still.
There are in fact two things, science and opinion; the former begets knowledge, the later ignorance. Hippocrates
The fix is rather easy. If you're going to force people to pay this stupid tax, for a program that pays out relatively nothing for your contributions, as compared to investing it in CDs, bonds, stocks, etc.., then extend out the age for benefits to start. IOW, for those who are over 45, nothing changes. But for those under 45, the earliest you can get the funds will be 65 instead of 62, you full retirement age is now 70, not 67, and the max age you can begin is 75 instead of 70. SS as never meant to be a program that paid people for decades, it was meant to help when the living tables suggested folks were dying in their late 60's to mid 70's, instead of now the early to late 80's for many.
Of course, this will get called racist, privileged, homophobic, and every other -ist and -phobic the Left can call it while telling olds that the GOP wants to shove granny over the cliff ASAP. Never mind that actual Leftist governors did just that during COVID.
Of course, this will get called racist, privileged, homophobic, and every other -ist and -phobic the Left can call it while telling olds that the GOP wants to shove granny over the cliff ASAP. Never mind that actual Leftist governors did just that during COVID.
I would gladly give up my projected benefits (as Gen X) to take the burden away or reduce it for the young Americans.
The American dream was never supposed to be about you. It was supposed to be about creating a better life for your children and their generation. Graph is a sad, sad statement.
The American dream was never supposed to be about you. It was supposed to be about creating a better life for your children and their generation. Graph is a sad, sad statement.
Ervin Burrell said:zephyr88 said:
Misdirected... the boomers didn't do anything other than take the draws they were promised.
The folks who failed you (and the rest of us) are the elected ass-hats in Washington.
Which generation is most responsible for electing said asshats? And which generation were most of said asshats a part of?
You don't get to come here day in and day out and prop up the progressive and liberal side and then feign concern for bloated government social security that your side defends to the death.
fc2112 said:
I'll tell y'all the same thing I always do on these threads.
Give me back the half million me and my employer have paid in in lieu of receiving Social Security benefits and I'll call it even. I don't even need the interest it would have accumulated over the four decades I paid in.
I feel the same way about it. If SS offered an opt-out with these terms and I never had to pay another dime into SS, I'd be good with that.
Two (2) things:
1. "Social Security" was a benefit ONLY to those people who started to receive "benefits" back in the 1930's.
2. It has always been a "ponsey scam".
1. "Social Security" was a benefit ONLY to those people who started to receive "benefits" back in the 1930's.
2. It has always been a "ponsey scam".
nortex97 said:
I favor taxing the young because they need to learn the joys of high-tax rates as soon as possible given their voting patterns.
Is this more out of touch boomerism? The zoomers are quickly becoming the most conservative generation alive. Yes, the women are swinging hard communist, but the men are going to take away their right to vote so that's not going to matter
Raise the income cap on which social security is taxed.
Ive paid into it all my life and I say it needs to be abolished or phased out into something different that would be fair to those who paid in but not punishing to those who are younger as well. We need to stop some of the foolishness in the government trying to use it as their slush fund.
What did you think the old people were going to say? I paid into the system for 50 years but go ahead and cut what is owed to me?
Logos Stick said:Ervin Burrell said:
Boomers, the most selfish and entitled generation of all time, are acting selfish and entitled? No way.
What about FDR, the liberal who created SS? And LBJ, the liberal who created Medicare? Neither of those guys were boomers.
Yeah, lot of misdirected hate here. More blame falls on:
The Missionary Generation (first recipients)
The Lost Generation (political leadership when SS enacted)
The Greatest Generation (saw the evils of socialism abroad but didn't reverse it at home)
The Silent Generation (resisted efforts in the 90s and 00s to phase out SS)
In the defense of Boomers, they are 5th generation dependents at this point.
UTExan said:
How about no.
I would be fine in capping SS payouts at $3,000 per month instead of the absurd top end payment of $5,181 because the country is never going to do away with SS.
But SS was never intended to be a sole source of retirement income; it was intended to stave off starvation.
You do realize that those guys/gals receiving that $5,181 "contributed" the most and worked the longest. I don't see what is absurd about then receiving more, it is still a much smaller fraction of what the contributed (TVM) than the average recipient.
But again it is really a welfare program.
PaulsBunions said:BuddysBud said:PaulsBunions said:
Uh huh. Also they voted for the incompetent simpletons in DC who got us $40T in debt. Thanks for that. Keep kicking the debt can down the road til its Gen Z's problem and by then the olds will all have croaked.
Sorry but it is every generation that keeps electing idiots representatives. It isn't Boomers who are have elected radical communists into power. Of course your communists will get it right this time.
Yeah dude I want fiscally sound government so I must be a communist. Think before you post next time.
"E-everybody elects bad politicians so that means we're excused" is not a good answer. Talk about entitlement.
Your generation is electing worse politicians. It doesn't mean that you personally are voting that way but some of your peers appear to be. Don't blame everyone in an entire generation for the ills of the world. And stop falling for the communist agenda of dividing people into groups and blaming everyone in another group for your problems.
Dude, I wanted fiscally sound government since I started voting. By the way, Walter Mondale's campaign was the ballooning national debt and Reagan's excessive spending. That went well for him. The issues that you complain about have been with us since the 1970's. It wasn't GenZ who were complaining about excessive government spending in 1984. Funny how Democrats have gone from being fiscally responsible to spending us into oblivion.
FWTXAg said:
How much of the vote would a "cut federal spending and entitlements" candidate even get at this point? Less than 5%? All being under 40?
Democrats vote for food stamps, socialism, and openly higher taxes.
Republicans vote for SS/healthcare/corporate welfare and propping up the Ponzi scheme of a stock market that no longer represents a healthy economy.
Us young folks who believe in small government are screwed 6 different ways to Sunday.
You young folks didn't elect Ronald Reagan, the last president who really wanted to cut the government and warned us about trusting the government.
We 65+ seniors could use the extra funds, given so many of our childern/grand childern are moving back in with us. ; )
I am 71 and don't want taxes raised on anybody. Especially for wealth redistribution.
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Quote:
You do realize that those guys/gals receiving that $5,181 "contributed" the most and worked the longest.
In order to get this max benefit, the person had to have averaged more than $70,000 in wages every year for the last 35 years before collecting benefits.
doubledog said:
We 65+ seniors could use the extra funds, given so many of our childern/grand childern are moving back in with us. ; )
You almost got me with that one, nice lol
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