Board index › Topical Discussion › Politics, Philosophy, and Religion

Is Social Security a form of embezzlement?

Page 7 of 7 [ 102 posts ]  Go to page Previous  1 ... 3, 4, 5, 6, 7

Previous topic | Next topic

Sand
Veteran
Veteran

User avatar

Joined: 15 Sep 2007
Age: 99
Gender: Male
Posts: 11,484
Location: Finland

13 Apr 2010, 6:52 am

zer0netgain wrote:
Sand wrote:
I am anxious to see the figures demonstrating that people over the age of 60 can easily find employment at a living wage.


Fair enough. Granted, absent mandatory retirement age policies, a 60-year-old likely doesn't need "gainful" employment but just enough so they aren't draining their life savings. However, you see many people quit their jobs just because they can start drawing benefits.


And quite a few have little if any life savings through no fault of their own.



Sand
Veteran
Veteran

User avatar

Joined: 15 Sep 2007
Age: 99
Gender: Male
Posts: 11,484
Location: Finland

16 Apr 2010, 12:36 pm

For a detailed analysis of Social Security see http://www.counterpunch.org/nasser04162010.html



visagrunt
Veteran
Veteran

User avatar

Joined: 16 Oct 2009
Age: 58
Gender: Male
Posts: 6,118
Location: Vancouver, BC

16 Apr 2010, 3:18 pm

Orwell wrote:
visagrunt wrote:
Eliminate all income taxation, and move to a system of consumption taxation. Essentially, the more you spend, the higher your tax burden. It is inherently progressive, it taxes all productive sectors of the economy (provided that it's a value-added tax, and not a sales tax).

No, that is actually a regressive tax. Consider the differing MPC among people in different income brackets to understand why this is the case.


If you exempt rental housing and groceries from value-added tax, you will likely completely offset MPC (depending upon the poverty line and the cost of shelter in the particular micro economy). While these are significant components of economic activity, you can structure a consumption tax such that the operations of government can be funded from a marginal tax of the residue.


_________________
--James


kxmode
Supporting Member
Supporting Member

User avatar

Joined: 14 Oct 2007
Gender: Male
Posts: 2,613
Location: In your neighborhood, knocking on your door. :)

20 Apr 2010, 2:12 am

Sand wrote:
zer0netgain wrote:
Sand wrote:
zer0netgain wrote:
ruveyn wrote:
I have reached that stage in my dwindling life, where I am willing to ditch my high minded ideals in exchange for something that works. Unfortunately we cannot trust the government to implement a sane plan soundly. Some politician or another will screw it up, as sure as sh*t flows downhill and the sun rises.


Sadly, when a society is ready to implode, the system is often run by people least fit to manage it. Hence my mantra on the issue.

Politics works fine when you keep the politicians out of it.


How do you manage that?


Follow Shakespeare's example....kill all the lawyers. :P :lol:


Shakespeare is dead and the lawyers are in control.


Oh what cruel irony doesth thou speak! :study:


_________________
A Proud Witness of Jehovah God (JW.org)
Revelation 21:4 "And [God] will wipe out every tear from their eyes,
and death will be no more, neither will mourning nor outcry nor pain be anymore.
The former things have passed away."


Sand
Veteran
Veteran

User avatar

Joined: 15 Sep 2007
Age: 99
Gender: Male
Posts: 11,484
Location: Finland

20 Apr 2010, 2:18 am

kxmode wrote:
Sand wrote:
zer0netgain wrote:
Sand wrote:
zer0netgain wrote:
ruveyn wrote:
I have reached that stage in my dwindling life, where I am willing to ditch my high minded ideals in exchange for something that works. Unfortunately we cannot trust the government to implement a sane plan soundly. Some politician or another will screw it up, as sure as sh*t flows downhill and the sun rises.


Sadly, when a society is ready to implode, the system is often run by people least fit to manage it. Hence my mantra on the issue.

Politics works fine when you keep the politicians out of it.


How do you manage that?


Follow Shakespeare's example....kill all the lawyers. :P :lol:


Shakespeare is dead and the lawyers are in control.


Oh what cruel irony doesth thou speak! :study:


No doubt Shakespeare would have been more eloquent in dealing with current problems but the essential failures are not lawyers or any other single element of society but rather that there seems to be almost a total lack of vigilance by the general population as to how they are being totally manipulated.



ruveyn
Veteran
Veteran

User avatar

Joined: 21 Sep 2008
Age: 88
Gender: Male
Posts: 31,502
Location: New Jersey

20 Apr 2010, 12:26 pm

Sand wrote:

No doubt Shakespeare would have been more eloquent in dealing with current problems but the essential failures are not lawyers or any other single element of society but rather that there seems to be almost a total lack of vigilance by the general population as to how they are being totally manipulated.


Democracy in action.

ruveyn