[Chase219]

Why gas and everything else goes up by 20 % where good what a bunch of bull ****. We are screwed. Sumpter country look at the tax hikes gone up every year for the past 3 years.

[Annarachel]

Give it to some one who needs it then you can do that.

[Judith7604]

Originally Posted by GrumpyOldMan

I wish they would do that on a sliding scale and weigh it at the bottom income levels. We don't need it, just like we didn't need the COVID checks. I feel for those less fortunate than me, and would like to see them get more.

For those that don’t need the money set up a fund at your local school to buy shoes and clothing, children are so excited to receive something new

[Mulliganguy]

[QUOTE=MichaG.;2016977]Whoo Whoo, you're getting a raise Village people.

Don’t get to excited. Medicare will take most of it.

[coconutmama]

Originally Posted by billethkid

Ditto.
I paid for mine.
The system would be more stable if only those who contributed were able to draw from it.

Create some other venue for all the non contributor payees.

Totally agree.
Plus there should be no ceiling on income levels paying into the program. Why stop at $137,700? Presently the lower income folks get the SS tax taken from their income. Yet those who can afford it the most do not. This change would take care of any shortfall easily

[charlieo1126@gmail.com]

I thought I would read a few people complaining on here about the raise but OMG almost all of you are upset , seems the only perfect solutions are only in the minds of talk of the villages people , try to have a nice day today , who knows maybe gas will go down 5 cents

[Lindaws]

Raise? Medicare will take the raise.

[JayLeininger]

Originally, the SS Act was designed to have workers give the government money while they worked, then have it returned when they retire. Due to government mis-management of the contributions and benefits, the fund is going bankrupt.

Both individual contributions and benefits already disproportionately benefit lower income workers.

[Vermilion Villager]

Originally Posted by Kenswing

Why would we want to thank them? I paid into the system for over 40 years. I think I'll thank myself.

Go to the Social Security website and see how much YOU actually contributed to Social Security....then take your monthly annuity and total the amount you've taken to date.

I'm pretty sure you've taken a whole lot more than you put it

[Hans53]

this will be eaten up by increases in medicare and supplements.

[DAVES]

Originally Posted by GrumpyOldMan

I wish they would do that on a sliding scale and weigh it at the bottom income levels. We don't need it, just like we didn't need the COVID checks. I feel for those less fortunate than me, and would like to see them get more.

People do not seem to understand. Social Security, first of all is a graduated tax. People who earn more pay more per increasing benefit. Close enough numbers, social security was a 7% tax for people who worked for someone else. Your employer paid another 7% for you-essentially tax free income. I was self employed and paid 13%.

Many think there is an account, a pile of money that you paid in. I paid in for 45 years.
That is not the case, they use money coming in to pay the money going out. I did not have a choice. If, we think of social security as insurance, I/we who earned middle class income or more could have bought the same coverage as private insurance for less.

That covid check, first of all I did not qualify. I agree it was ridiculous. Retired people being paid for inability to work due to covid. Truth had I qualified for a check, I would have taken it and cashed it.

[OhioBuckeye]

Originally Posted by Dantes

Don’t worry the annul Medicare increase will take care of any increase lol

You’re exactly right!

[DAVES]

Originally Posted by JayLeininger

Originally, the SS Act was designed to have workers give the government money while they worked, then have it returned when they retire. Due to government mis-management of the contributions and benefits, the fund is going bankrupt.

Both individual contributions and benefits already disproportionately benefit lower income workers.

There is no shortage of excuses. If, I recall from my reading, when first passed there were 14 workers for every person collecting today it is 2.

Mis-management? The ten year treasury is now paying 1.5%. The CPI consumer price index is 5.8%. Social security is buying treasuries. Buying your own debt.

[DonnaNi4os]

Originally Posted by GrumpyOldMan

I wish they would do that on a sliding scale and weigh it at the bottom income levels. We don't need it, just like we didn't need the COVID checks. I feel for those less fortunate than me, and would like to see them get more.

That is wonderful for you. Other seniors are not always as fortunate. Perhaps donating that money is in your plans. It would be a wonderful thing to do as so many people are hungry and hurting at this time.

[biker1]

Depends on the size of your SS benefit. Not everyone gets the same benefit. And not everyone pays the same to Medicare.

Originally Posted by Lindaws

Raise? Medicare will take the raise.