John Larson: This Is The Biggest Threat To Social Security
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Published 2024-04-17
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All Comments (8)
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The reason a payment wasn't missed is because they just printed more money!
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We need to eliminate the $168,000 Cap on Social Security taxes. We need to eliminate the Carry-Trade, Depreciation, Depletion, Deferred Compensation, IRAs. We need to make Rent tax deductible, tax alcohol and have an 11% Tariff on all finished imported goods.
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My loved one is fully wheelchair suffers seizures, has had 3 strokes, a carotid dissection, a heart attack and has paid into the tax system for over 30+ years and now having to fight like hell to receive their disability. Their fight has been for 4+ years now in pain daily and last week they had another mini stroke 😡😡😡
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The Biggest threat facing social security is the TAXES imposed ON social security
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Good points by Rep. John Larson. The Retirement plans / schemes funded by yourself (I.R.A.'s) and investing in x-y-z plans / schemes, brokerage / stock companies can go dead next week. People against the Social Security system have never read / watched / listened to the N.Y stock market crash of 1929 and the resulting worldwide financial problems that lasted for at least 10 years. Banks closed their doors.
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US Government Income.... .........$4.4+ trillion. US Government Expenditure.......$6.6+ trillion The majority spent is Social Security. A deficit of...... $2+ trillion per annum !
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The biggest threat to social security is the inability to afford it any longer. Debt. Its called debt. No mayka no munneeee! ¡?COMPREMDE?!
