DOGE Heads Musk and Ramaswamy Signal Social Security Cuts Are Coming Trump vowed to “not cut one penny” from Social Security, but his other statements

Walt said:
trump will almost certainly do backdoor cuts in Social Security. he will cancel the COLA increases, and have double digit inflation. In the end, the elderly will just have to learn to live on less.
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Will you?
 
Libhater said:
He will end all of biden's wars as there were no wars under his first ppresidency
He will once again lower all prices as he brings back our natural fuels...drill baby drill
He repeatedly said he won't cut medicare and medicaid

Speaking of broken promises, how did biden's promise to unite the American people and America work out for him?
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Are you smoking crack or meth, Hater? Biden has no wars. Russia attacked Ukraine and Hamas, backed by Iran, attacked Israel.
 
cawacko said:
That's false. While it's correct most people don't get rich based on salary there are very few people that earn no income. So that's not the reason S.S. is in the situation it is.
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Most wealthy people have little to no earned income. They have capital gains, or unearned income. If they are tricky, the follow buy, borrow, die, and have no income other than borrowed money(so absolutely no taxes on income).

On long term capital gains, the maximum tax 20%, and there is no payroll taxes. Earned income tax rates can be as high as 37%, but the payroll taxes add another extra 20% or so.
 
Libhater said:
He will end all of biden's wars as there were no wars under his first ppresidency
He will once again lower all prices as he brings back our natural fuels...drill baby drill
He repeatedly said he won't cut medicare and medicaid

Speaking of broken promises, how did biden's promise to unite the American people and America work out for him?
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He droned the crap out of Yemen, and he remained in Afghanistan, so, go peddled your bs to some stupid MAGAt.
 
Damocles said:
Cutting personnel at Social Security does not involve cutting benefit payments. I also like the "no taxes on Social Security" promise.
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Most likely he'll cut tax revenue and raise government costs just like last time.

www.self.inc

US Debt by President | Chart & Per President Deficit | Self.

Here’s how much each President has contributed to National Debt, including decisions, events and statistics.
www.self.inc www.self.inc
  • During Donald Trump’s whole presidency, the U.S. national debt increased by $8.18 trillion, a percentage increase of 40.43%. This is less than Barack Obama (69.98%) and George W. Bush (105.8%). However, Donald Trump was in office for only 4 years compared to 8 years for both Barack Obama and George W. Bush.
 
Walt said:
While I do not receive Social Security, and probably will not receive it for 16 years, I feel obliged to help out family members who will see cuts. So yes, it will effect me.
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I'll see if the Pope thinks you deserve beatification, Salty.
 
Damocles said:
Cutting personnel at Social Security does not involve cutting benefit payments. I also like the "no taxes on Social Security" promise.
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You can cut the entire staff, and all the overhead, and you will only have savings of 0.5%... Actually, it would be negative savings, because corruption would run rampant. So it is nearly nothing.

The fact is the only way to cut Social Security at the moment is to cut the benefits.
 
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