Social Security & Medicare

KS Toronado

(20,165 posts)

14. One reason that could use more discussion

Sat Jun 18, 2022, 10:26 AM

Jun 2022

why repugs want to reduce or kill SS is this. Whatever amount for SS that comes out of our paychecks,
our employers have to match that amount, in essence it's current pay we never see on a paycheck
stub. It's big business encouraging their R congress critters to reduce their payroll.

Social Security and Medicare Withholding Rates
The current tax rate for social security is 6.2% for the employer and 6.2% for the employee, or 12.4% total.
The current rate for Medicare is 1.45% for the employer and 1.45% for the employee, or 2.9% total.

https://www.irs.gov/taxtopics/tc751

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Lindsey Graham Thinks Seniors May 'Have to' Take Less Money and pay more tax on SS benefits [View all] Obvious85 Jun 2022 OP

Despite their bullshit. Republicans actually hate Social Security, they always have since the start Walleye Jun 2022 #1

Exactly. and 'people like me are going to have to take a little less and pay a little more in' Obvious85 Jun 2022 #4

and Quanto Magnus Jun 2022 #32

I would definitely put "earns" in quotes Skittles Jun 2022 #42

It has been target #1 since 1938(?) rurallib Jun 2022 #5

Totally agree. Like everything else they disguise their true purpose with bullshit Walleye Jun 2022 #7

I weep when I read stuff like this. If that was a Democrat saying that OnDoutside Jun 2022 #2

I saw the debate. Graham was referring to the wealthy MichMan Jun 2022 #3

Thanks for adding this question everything Jun 2022 #21

The politics of that would work against us TimeToGo Jun 2022 #25

Here is another idea: The upper 5% can pay the increase, out of the cream NCjack Jun 2022 #6

Convince Republican Senior voters, Lindsey ProudMNDemocrat Jun 2022 #8

that seems like a very good idea NJCher Jun 2022 #16

If that would ever happen KS Toronado Jun 2022 #20

And eliminate multi-million $$$ inheritance taxes Zambero Jun 2022 #9

My rich brother Chalco Jun 2022 #10

Ask him if he paid into Social Security in his working years. Mister Ed Jun 2022 #12

He thinks about it differently Chalco Jun 2022 #15

yeah, he's full of it NJCher Jun 2022 #19

sounds to me like he was arguing stopdiggin Jun 2022 #29

According to him.. Chalco Jun 2022 #36

sorry. then they're just 'difficult' (and emotionally shallow) people. stopdiggin Jun 2022 #38

Amen eom Chalco Jun 2022 #41

We have to pound on this for the midterms wryter2000 Jun 2022 #11

EXACTLY Obvious85 Jun 2022 #23

And how many elderly parents want to live with their kids? ShazzieB Jun 2022 #28

Pound on what? MichMan Jun 2022 #37

The nuance will disappear wryter2000 Jun 2022 #40

How about we get rid of Graham? BlueIdaho Jun 2022 #13

One reason that could use more discussion KS Toronado Jun 2022 #14

Sing that song loud and long. The head of the nail has been nailed. jaxexpat Jun 2022 #26

First off Traildogbob Jun 2022 #17

🖕him Snackshack Jun 2022 #18

Before St Ronnie Raygun SS wasn't taxed at all. OMGWTF Jun 2022 #22

Reagan had a Democratic House his entire presidency MichMan Jun 2022 #35

Only if seniors DownriverDem Jun 2022 #24

Ahem. Act_of_Reparation Jun 2022 #30

Remember when President Obama said LittleGirl Jun 2022 #27

K & R...for visibility...nt Wounded Bear Jun 2022 #31

look at the money-- cloudboy07 Jun 2022 #33

Surprised more people here don't support the wealthy paying more and getting less from SS MichMan Jun 2022 #34

Sanders / Warren proposal to do just that was wildly popular here a week ago progree Jun 2022 #39