Yes you do pay social security, but you will supposedly get it back.
Personally I would rather give 3% to SS and let me invest the other 3% on my
own and I won't expect anything from the government in the future.

----- Original Message -----
From: "Dana Tierney" <[EMAIL PROTECTED]>
To: "CF-Community" <[EMAIL PROTECTED]>
Sent: Monday, June 02, 2003 3:45 PM
Subject: Re: What the Bush tax cut could have paid for


> You start paying Social Security at about $100 of income. I havene't
looked
> it up but I know it's under $1000. EIC is a federal income tax credit and
a
> different matter. I'd say it reaches somewhat above the truly needy level
> though -- and it fact up to a point it increases with income. And it's
> based on taxable income, not actual income.
>
> Dana
>
> > How do you figure?  The truly needed don't pay taxes, in fact they get
the
> > EIC.
> >
> > ----- Original Message -----
> > From: "Dana Tierney" <[EMAIL PROTECTED]>
> > To: "CF-Community" <[EMAIL PROTECTED]>
> > Sent: Monday, June 02, 2003 3:15 PM
> > Subject: Re: What the Bush tax cut could have paid for
> >
> >
> > > but we already reditribute, only from the needy to the affluent.
> > >
> > > Kevin Schmidt writes:
> > >
> > > > How do you determine that it matters or not?  Maybe you don't think
it
> > > > matters to someone with money in the bank, but they might.  Trying
to
> > > > determine what someone needs rather than making it equal across the
> > board it
> > > > starting down the path of redistribution of wealth, which is a bad
road
> > to
> > > > travel down.
> > > >
> > > > Kevin
> > > >
> > > > >From sunny Las Vegas!!!!!!!
> > > >
> > > > ----- Original Message -----
> > > > From: "Dana Tierney" <[EMAIL PROTECTED]>
> > > > To: "CF-Community" <[EMAIL PROTECTED]>
> > > > Sent: Monday, June 02, 2003 1:28 PM
> > > > Subject: Re: What the Bush tax cut could have paid for
> > > >
> > > >
> > > > > I'd agree with you if I thought everyone would get their 8k.
Maybe.
> > But
> > > > > since we all know it isn't going to work out that way, why should
poor
> > > > > people subsidize the affluent white elderly? The current system is
> > just
> > > > > grotesque. If you are going to cut, cut where it wont hurt, geez.
As
> > for
> > > > > need, that is to be determined. I proposed a cutoff of 100,000 but
it
> > > > could
> > > > > be anywhere; that is just my perception of where 8k doesnt matter
too
> > much
> > > > > any more. The point is there should be SOME point where it cuts
off.
> > > > >
> > > > > Nick McClure writes:
> > > > >
> > > > > > So you determine if a person needs the money before you send it
back
> > to
> > > > > > them? What gives the government the right to decide that this
person
> > > > needs
> > > > > > the money or not?
> > > > > >
> > > > > > If the person gets the 8K check, then goes and spends it buying
> > stuff,
> > > > then
> > > > > > hasn't that done more for the economy than the government
keeping
> > the
> > > > money?
> > > > > >
> > > > > > The sense is, that the 8k is that person's money, not matter how
> > much
> > > > money
> > > > > > they have, it is still there money. We must tax people equally,
I
> > almost
> > > > > > have a problem having a staggered tax bracket.
> > > > > >
> > > > > >
> > > > > >
> > > > > > > -----Original Message-----
> > > > > > > From: Dana Tierney [mailto:[EMAIL PROTECTED]
> > > > > > > Sent: Monday, June 02, 2003 2:07 PM
> > > > > > > To: CF-Community
> > > > > > > Subject: Re: What the Bush tax cut could have paid for
> > > > > > >
> > > > > > > my point is I fail to see the sense in sending checks for
what, 8k
> > a
> > > > year,
> > > > > > > to multi-millionaires. Sure a means test would be bureaucracy,
but
> > if
> > > > it
> > > > > > > saves money would't it be a necessary evil?
> > > > > > >
> > > > > > > Dana
> > > > > > >
> > > > > > > Heald, Tim writes:
> > > > > > >
> > > > > > > > I advocate not giving out any money.  No problems with a
budget
> > when
> > > > the
> > > > > > > > budget is $0.
> > > > > > > >
> > > > > > > > Tim
> > > > > > > >
> > > > > > > > > -----Original Message-----
> > > > > > > > > From: Dana Tierney [SMTP:[EMAIL PROTECTED]
> > > > > > > > > Sent: Friday, May 30, 2003 7:51 PM
> > > > > > > > > To: CF-Community
> > > > > > > > > Subject: Re: What the Bush tax cut could have paid for
> > > > > > > > >
> > > > > > > > > what, you advocate indiscrimiately handing out money? That
> > helps
> > > > > > > balance
> > > > > > > > > the budget, fer sure....
> > > > > > > > >
> > > > > > > > > Dana
> > > > > > > > >
> > > > > > > > > On Fri, 30 May 2003 07:21:50 -0400, Heald, Tim
> > <[EMAIL PROTECTED]>
> > > > > > > wrote:
> > > > > > > > >
> > > > > > > > > > A means test?  From a small government advocate?
> > > > > > > > > > Sometimes................
> > > > > > > > > > Nevermind.
> > > > > > > > > >
> > > > > > > > > > Tim
> > > > > > > > > >
> > > > > > > > > >> -----Original Message-----
> > > > > > > > > >> From: Dana Tierney [SMTP:[EMAIL PROTECTED]
> > > > > > > > > >> Sent: Thursday, May 29, 2003 5:34 PM
> > > > > > > > > >> To: CF-Community
> > > > > > > > > >> Subject: Re: What the Bush tax cut could have paid for
> > > > > > > > > >>
> > > > > > > > > >> yep. I can I can. It's not that I begrudge people their
> > > > pensions,
> > > > > > > its
> > > > > > > > > >> just
> > > > > > > > > >>
> > > > > > > > > >> that hey I was paying this when I was driving a cab
gettign
> > > > robbed
> > > > > > > for
> > > > > > > > > a
> > > > > > > > > >> living in DC to feed my kids and people with many times
my
> > > > income
> > > > > > > where
> > > > > > > > >
> > > > > > > > > >> saying hey we paid in so we are entitled. I paid in too
and
> > I
> > > > doubt
> > > > > > > I
> > > > > > > > > >> will
> > > > > > > > > >>
> > > > > > > > > >> ever see mine. Personally I think social security
pensions
> > > > should
> > > > > > > have
> > > > > > > > > a
> > > > > > > > > >> means test. Maybe $100 000 a year and below.
> > > > > > > > > >>
> > > > > > > > > >> Dana
> > > > > > > > > >>
> > > > > > > > > >> On Thu, 29 May 2003 14:52:14 -0500, Doug White
> > > > <[EMAIL PROTECTED]>
> > > > > > > > > >> wrote:
> > > > > > > > > >>
> > > > > > > > > >> > |
> > > > > > > > > >> > | Also, we could make Social Security a progessive
not a
> > > > > > > regressive
> > > > > > > > > >> tax.
> > > > > > > > > >>
> > > > > > > > > >> > But
> > > > > > > > > >> > | that would end the subsidy of the affluent elderly
and
> > > > > > > politically
> > > > > > > > > >
> > > > > > > > > >> would
> > > > > > > > > >> > | never happen as those people vote.
> > > > > > > > > >> > |
> > > > > > > > > >> > | Dana
> > > > > > > > > >> > |
> > > > > > > > > >> >
> > > > > > > > > >> > I paid in to SS (and with employer match) from the
> > beginning,
> > > > and
> > > > > > > > > just
> > > > > > > > > >> > now am
> > > > > > > > > >> > reaping the so-called benefits.  Thankfully, there
are a
> > > > couple
> > > > > > > of
> > > > > > > > > >> other
> > > > > > > > > >> > retirement pensions, and investments to help out,
plus I
> > am
> > > > still
> > > > > > > >
> > > > > > > > > >> working, in a
> > > > > > > > > >> > way, that is.
> > > > > > > > > >> >
> > > > > > > > > >> > You Betcha we do <grin>   and likewise support a very
> > active
> > > > and
> > > > > > > >
> > > > > > > > > >> effective
> > > > > > > > > >> > lobby, as well.  Can you spell AARP?
> > > > > > > > > >> >
> > > > > > > > > >> >
> > > > > > > > > >>
> > > > > > > > > >
> > > > > > > > >
> > > > > > > >
> > > > > > >
> > > > > >
> > > > >
> > > >
> > >
> >
> 
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