Economy Trump lying about social security?

[terrapin]

I heard that the trump admin is talking about cutting taxes on social security and touting that as a benefit to recipients of social security, but that it's really a trick designed to gut social security. So it's a kind of lie.

Here's a breakdown of it from someone I trust pretty much, but I'd like to hear, especially left-wing people talk about what it really means and right-wing people too.

Ultimately it's designed to weaken social security so that's an interesting way to tell your voter base that you want to do that by lying and pretending you're protecting it....


When he touted this as a benefit to social security, he was treated with round applause. But if he's lying to the people who are applauding, what kind of a human being is he?

 

[terrapin]

I wonder if those cheering Trump for cutting social security tax for those who are receiving social security have any idea that the implication and the end goal of that is to gut social security?

Do you think if honestly stated that less people paying into social security will mean that social security further is weakened and that will give an edge to Republicans for saying the system is a failed system... I wonder if those hearing that would cheer if he said it honestly rather than lying about it and omitting details to make it sound like a gift to the recipients of social security?

Those people that were cheering were cheering for social security and the recipients of social security and Trump actually has the intention of weakening it. That's a despicable act. Why can't he just stand behind his policies and admit he wants to weaken it and then allow the Republicans to gut it?

 

[LangfordBarrow]

He's a lying sack of shit.

 

[ColemanwastheGOAT]

But if he's lying to the people who are applauding, what kind of a human being is he?

He's the type of human being who is worth millions of dollars and became president while you sit at home whining about him all day.

 

[PainIsLIfe]

I heard that the trump admin is talking about cutting taxes on social security and touting that as a benefit to recipients of social security, but that it's really a trick designed to gut social security. So it's a kind of lie.

Here's a breakdown of it from someone I trust pretty much, but I'd like to hear, especially left-wing people talk about what it really means and right-wing people too.

Ultimately it's designed to weaken social security so that's an interesting way to tell your voter base that you want to do that by lying and pretending you're protecting it....


When he touted this as a benefit to social security, he was treated with round applause. But if he's lying to the people who are applauding, what kind of a human being is he?

I'm confused... didn't Trump just call for not taxing people that receive social security? That's basically just cutting income taxes.

So what am I missing?

 

[SKYNET]

I heard...

Trump does this same crap, I know because you guys whine everytime he does it

Here's a breakdown of it from someone I trust

13 seconds in. Tiimestamp would be nice. Or just link the actual quote(s) by Trump, and I'll do the breaking down for myself?

 

[nostradumbass]

"Pretty much trusting" Robert Reich is your first mistake. His entire job is to call anything a republican proposes an evil scheme, and then call it a great idea when any democrat says the same thing.

 

[Loiosh]

He's a lying sack of shit.

And he's considered one of the worst presidents of all time. Not just modern presidents, all presidents. Some groups of historians consider him the very worst.

The fact he could win the presidency again after everything everyone's seen him do and say is incredibly depressing.

 

[LangfordBarrow]

And he's considered one of the worst presidents of all time. Not just modern presidents, all presidents. Some groups of historians consider him the very worst.

The fact he could win the presidency again after everything everyone's seen him do and say is incredibly depressing.

There's a sucker born every minute and there are a bunch in his cult.

 

[terrapin]

There's a sucker born every minute and there are a bunch in his cult.

Well I don't want to call these guys suckers. They really were cheering for the good of social security and that he was helping the recipients of it... That's a good take from good people who want to help people.

I mean I guess they're suckers but I don't want to call them that I think they're victims of a profound liar and con man.

 

[terrapin]

"Pretty much trusting" Robert Reich is your first mistake. His entire job is to call anything a republican proposes an evil scheme, and then call it a great idea when any democrat says the same thing.

I was thinking the same thing. If tips are not taxed then I could change my business model and encourage people to pay me a small fee and then tip me for the rest.

 

[Octavian]

Honest question - does anyone here actually believe what he says at this point?


As for SS - I've never understood why Republicans are so against it or so greedy as to pillage it. Fixing it in current form would be very easy. For one, raise FICO by 1% each year for a few years - people would hardly notice. Second, tax earnings above 168k and cap payout for people who make over X in their lifetimes. Third, increase eligibitlity dates by 3 months each year for a few years to gradually push that out considering how life expectancy has increased. Fourth, set a very small portion of it to be blindly invested in the US bond market by tracking the agg so you get additional carry over tsys in the long haul. It's actually a marvelous system and run at a fraction of the cost of what it would be if it were private. It's downright criminal for someone like Trump to destroy it and tag that rug out from under millions of seniors who spent their lives working day in, day out, paying into it while he inherited $400M and has done little more than driven a half dozen business or more into the ground.

 

[terrapin]

Honest question - does anyone here actually believe what he says at this point?


As for SS - I've never understood why Republicans are so against it or so greedy as to pillage it. Fixing it in current form would be very easy. For one, raise FICO by 1% each year for a few years - people would hardly notice. Second, tax earnings above 168k and cap payout for people who make over X in their lifetimes. Third, increase eligibitlity dates by 3 months each year for a few years to gradually push that out considering how life expectancy has increased. Fourth, set a very small portion of it to be blindly invested in the US bond market by tracking the agg so you get additional carry over tsys in the long haul. It's actually a marvelous system and run at a fraction of the cost of what it would be if it were private. It's downright criminal for someone like Trump to destroy it and tag that rug out from under millions of seniors who spent their lives working day in, day out, paying into it while he inherited $400M and has done little more than driven a half dozen business or more into the ground.

I was hoping somebody would explain why they want to gut it because it's just such a great program. It's so popular and so needed. It helps so many people. I can't really imagine why they want to gut it and if they do want to gut it, why aren't they honest about it? Why do they have to sell it to the public.dishonestly?


It's got to be some massive benefit for the rich on some level and that's why they don't want to be honest about why they want to get rid of it.

 

[HunterAcosta]

He's the type of human being who is worth millions of dollars and became president while you sit at home whining about him all day.

You're right we should get on our knees and spread our backsides wide and just shut up for this demi-god cause we know nothing and are gonna be nothing and he is our father.

 

[Octavian]

I was hoping somebody would explain why they want to gut it because it's just such a great program. It's so popular and so needed. It helps so many people. I can't really imagine why they want to gut it and if they do want to gut it, why aren't they honest about it? Why do they have to sell it to the public.dishonestly?


It's got to be some massive benefit for the rich on some level and that's why they don't want to be honest about why they want to get rid of it.

I've honestly never understood the outrage other than two things: 1) people are simply philosophically opposed to a government run program because they view it as socialism.... and/or 2) they have ulterior motives to break it up and feed off of it - sending large segments of the program to be managed privately (but that begs the question how you could possibly impartially alot out that management without favoritism).

Like I said, this is all so silly because it's not hard to fix it and right the asset-liability ship long term.

 

[TadDunbar]

Trump is incapable of lying so this is just fake news

 

[nostradumbass]

I was thinking the same thing. If tips are not taxed then I could change my business model and encourage people to pay me a small fee and then tip me for the rest.

The rest of what? Tips come from individuals.

If you buy a product for $50 and the person tells you to pay $10 and tip them the other $40, it's the company they're stealing from and they'll be pretty instantly fired.

Tips already weren't taxed until like the 80s.

 

[Mr Holmes]

So when a republican proposes tax breaks for non-rich people its bad?

 

[Osculater]

He's the type of human being who is worth millions of dollars and became president while you sit at home whining about him all day.

Shut up Canadian

 

[terrapin]

The rest of what? Tips come from individuals.

If you buy a product for $50 and the person tells you to pay $10 and tip them the other $40, it's the company they're stealing from and they'll be pretty instantly fired.

Tips already weren't taxed until like the 80s.

Well my business model is that I'm the owner and operator of it and I could easily have people tip me large amounts while just paying small amounts.

But that isn't really the point. The point is that it's hedge funds managers and all of that... they're going to benefit from this because they can claim that most of what they do is for tips. So it really isn't. It's not really designed to help the poor. It's really a trick so they can help the rich.

What do you think about Trump lying about social security and people cheering them on because they think he's helping people on social security?