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SS "funds could run out as much as four years earlier due to the coronavirus pandemic".
Posted: Sun May 31, 2020 5:29 am
by _DoubtingThomas
"Social Security’s trust funds could run out as much as four years earlier due to the coronavirus pandemic, according to new research from the Wharton School at the University of Pennsylvania...Social Security’s trust funds could run out four years earlier — in 2032 rather than 2036...Now, payroll taxes are already higher and moving the retirement age to as high as 70 or over would not do as much to improve the trust fund exhaustion date, Smetters said."
https://www.cnbc.com/2020/05/28/social- ... avirus.htm
The rise of automation (less tax payers) won't help SS. The only solution is to raise taxes. In 10 years workers like me will have to pay a lot in taxes.
Re: SS "funds could run out as much as four years earlier due to the coronavirus pandemic".
Posted: Sun May 31, 2020 4:25 pm
by _ajax18
Just tax the rich. As long ad you're not the 1% your taxes won't ho up. At least that's the line of BS that suckered workers like you into voting for someting as unconstitutional as socialist social security. Build the wall and separate ourselves from liberalism is the best we can do.
Re: SS "funds could run out as much as four years earlier due to the coronavirus pandemic".
Posted: Sun May 31, 2020 4:55 pm
by _Icarus
They'll pass legislation that will make robots pay taxes.
Re: SS "funds could run out as much as four years earlier due to the coronavirus pandemic".
Posted: Sun May 31, 2020 4:59 pm
by _Icarus
ajax18 wrote: ↑Sun May 31, 2020 4:25 pm
Just tax the rich. As long ad you're not the 1% your taxes won't ho up. At least that's the line of BS that suckered workers like you into voting for someting as unconstitutional as socialist social security. Build the wall and separate ourselves from liberalism is the best we can do.
Who are you even trying to preach to?
You've been refuted on these issues for many years now and I think no one on this board believes you have a single piece of valuable input, ever.
Shouldn't you be more involved with your local Klan instead of trolling people who are far more educated and will never take you seriously?