When I get a tax rebate, I'm getting some of "MY" money back. It's not your money and it's not Pelosi's money.

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Victory in Iraq

Actually, depending your age, its your money coming out of your pocket in the future, plus interest, or its coming out of you kids pockets. I'm old enough without kids to say that it's not going to out of my pocket.

Huh?
The US Govt. has already stolen about $200,000 from my family through SS and Mediscare.
The US Govt. wastes and steals about 50% of the taxes I pay, with that money and the SS money I have paid (Including investment income) I could be retired in my 40s and set for life!

America stands for nothing except for greed and corruption.

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Victory in Iraq

MY money!!! That's precious. All you got is a pocketful of IOUs from the Treasury. And Bush is making even those IOUs more worthless every day which, by the way, is the same as taxing the shit out of you. But I know you and your rightwing hump friends are too ignorant to realize it. As long as it isn't payroll deduction, it isn't a tax, right???

And, as a matter of fact, as long as we have a $10,000,000,000,000 debt, that money Bush is "giving" you really is MY money.

You have already received the benefit of disability insurance worth several hundred thousands a year for a dozen or more years, survivor benefits for your spouse and dependents for dozens of years, and you have already locked in a retirement annuity for both your and your spouse that can't be taken from you by any legal judgement against you, or by your personal bankruptcy.

Those are the safest possible investments you can buy, investments that will survive fraud or mismanagement unlike any private insurance, and the in the event of some massive clamity that has disasterous impacts on the world economy, your social security benefit is the one most likely to provide some benefit in the aftermath.

I find it interesting to think that conservatives believe that SS won't be able to pay the benefit as if the death by natural disaster, war, or plague of 100-150 million American workers won't affect them.

And if anyone should complain, it would be me for having to subsidize your survivor and disability benefits to cover your spouse and kids, and to subsidize your spouse's retirement annuity. But I recognize that without those benefits, your spouse and children would end up being wards of the state, seeing as how we no longer have poor houses and we have labor laws that prevent your children paying their keep in a workhouse or mine.

[quote=smart makes a comeback;458296]
I invest wisely and havent squandered my money on a gun collection/QUOTE]




My Registered Magnums, and Pythons are up about 15% YTD. You?

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Chicago green, talking bout Black Lebanese.............

Why just the tax rates? Why not reduce spending to what it was under Clinton? If any Democrat were to promise that I would vote for that Democrat.

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"If capitalism had never existed, any honest humanitarian should have been struggling to invent it. But when you see men struggling to evade its existence, to misrepresent its nature, and to destroy its last remnants - you may be sure that whatever their motives, love for man is not one of them." - Ayn Rand, Capitalism: The Unknown Ideal

Coyote Blog


New Law Trashes Genetic Science

Almost all of them, especially the younger ones under 35 who’ve discovered the simplicity of online trading.

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"If capitalism had never existed, any honest humanitarian should have been struggling to invent it. But when you see men struggling to evade its existence, to misrepresent its nature, and to destroy its last remnants - you may be sure that whatever their motives, love for man is not one of them." - Ayn Rand, Capitalism: The Unknown Ideal

Coyote Blog


New Law Trashes Genetic Science

mulp,

You have already received the benefit of disability insurance worth several hundred thousands a year for a dozen or more years
As I recall, the SSA says I qualify for about $600 a month in disability. lol
My family will only get a small fraction of what I could have collected.
I'm paying $160 a month for $17,000 a month in disability benefits until age 65. I can't spend near that much money and it will last me for life.
In Texas, disability income is protected.

Those are the safest possible investments you can buy, investments that will survive fraud or mismanagement unlike any private insurance, and the in the event of some massive clamity that has disasterous impacts on the world economy, your social security benefit is the one most likely to provide some benefit in the aftermath.
SS did not survive the politicians, the money is gone. I may not ever collect because there will be no money when I retire and I will not collect if I die before 59 1/2.
There is more stability in investments that are not protected by media propaganda.

it would be me for having to subsidize your survivor and disability benefits to cover your spouse and kids, and to subsidize your spouse's retirement annuity
I'm paying about $80 a month for $2 million in life Insurance and my estate is "Joint tenant".

My benefits are 5 times cheaper and pay out about 500% more.

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Victory in Iraq

You are apparently quite lazy, not prone to work. Making some assumptions based on your postings, I figure you were when Reagan took office and earned:
1998 $1000
1999 $2000
2000 $3000
2001 $4000
2002 $5000
2003 $6000
2004 $7000
2005 $8000
2006 $8000
2007 $8000
2008 $8000

Your disability benefit is $614.00, plus $479.00 for each dependent to a maximum of $958.50 per month, inflation adjusted.

The total FICA you paid plus what your employer paid is no more than $9180 for your working lifetime. And you and your employer are paying only $102 a month for the disability insurance plus the survivor benefit to your dependents ($479/mo) plus your retirement ($561.00/mo) plus your spouse's retirement benefit ($639).

Social Security can't possibly go bankrupt; at worst your gets reduced to 65-70% of the stated benefit to match the FICA taxes being collected and the number of people getting benefits. Unless everyone in your generation is as lazy as you are.

So, given the benefits that are worth at present hundreds of thousands of dollars when you have only earned $60,000 lifetime and only paid $9000 lifetime, and are paying only $51 a month matched by your employer, its seems to me that you are getting a pretty good deal.

And for your poverty income level, you sure are a one of those suckers who like to buy insurance; a fellow I worked for decades ago had me and a friend do computer illustrations (1970) so he could sell more and more insurance, borrowing from one policy to buy other policies and generating tax deductions to help pay for the additional policies. Of course, what he was getting was the commission equal to the annual premium if the premium was paid the second year. Of course, you have no income to shelter... But he did say that once you got some people hooked they would just keep buying more and more insurance even when it didn't make sense.

So, how long do you need to make payments on the disability before you drive into the tree to become disabled and increase your income from $800 a month to $17,000 a month?

And if you claim you earn more money, then an income of $100,000 a year (which is much much less than you must earn with $17,000 a month in disability insurance) for just five years provides a disability benefit of $2340.00 a month plus $1787.00 for each dependent to a family maximum of $4170.40 per month.

On the protection of benefit; are saying that in Texas the funds you save for retirement are protected from creditors and personal liability claims, so all you need to do is put your assets in retirement and you are protected from them being claimed in a court judgement like your SSI benefit is? Someone can get a judgement for $2M against you at age 25 and they won't see any of it if you are penniless while your SSI retirement remains intact.

And I wish I could find someone to sell me insurance at the rates you get. As an individual, such policies aren't available to me, and as an employee, getting benefits like you list, cost me per month what you pay while providing a fraction of the benefit; my disability insurance in 2000 cost about $150 a month but provided only about $70,000 a year less whatever Social Security paid. And that was working for a Texas based corporation with employees all over the world.