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-   The Villages, Florida, Non Villages Discussion (https://www.talkofthevillages.com/forums/villages-florida-non-villages-discussion-93/)
-   -   What is a 'fair share'? (https://www.talkofthevillages.com/forums/villages-florida-non-villages-discussion-93/what-fair-share-348375/)

Two Bills 03-10-2024 07:43 AM

Quote:

Originally Posted by golfing eagles (Post 2309351)
I guess I was half right----the thread has turned political, yet it lives on.......

Or only half wrong!

waterflower 03-10-2024 07:43 AM

The IRS is a private corporation, registered in P.R. The funds are transfered to the crown-City of London & the Vatican Bank. We get a very small portion of those fund collected by the collection agency. Let's audit the IRS then we can talk. United we are strong-Divided we are weak.

sdifede313@aol.com 03-10-2024 07:43 AM

Good luck with all that! The most radical financial indicators of taxation on wealth is the “plan” Senator Warren had proposed “ tax earnings on IRA’s - unrealized “ as a way to “make them pay” their fair share. Dems will eventually destroy this nation.

Two Bills 03-10-2024 07:51 AM

............and here we go! :boom:

Cheapbas 03-10-2024 07:56 AM

Quote:

Originally Posted by Michael G. (Post 2309139)
Similar to "Our Entitlement" instead of calling it "Social Security"

Social Security is not an entitlement.

dewilson58 03-10-2024 08:02 AM

Quote:

Originally Posted by Cheapbas (Post 2309365)
Social Security is not an entitlement.

Actually it is...........by definition.

Some people are offended by the word, but it's accurate and correct.

Andyb 03-10-2024 08:03 AM

So how many people do you think have $103,000 lying around to pay for wasteful spending? Hope you were joking?

retiredguy123 03-10-2024 08:07 AM

Quote:

Originally Posted by Cheapbas (Post 2309365)
Social Security is not an entitlement.

Social Security is a cleverly disguised wealth transfer system. If it were optional, it would disappear.

Nordhagen 03-10-2024 08:10 AM

Fair share
 
Quote:

Originally Posted by Robbb (Post 2309335)
In the US, its a political term justifying redistribution of wealth. It's a concept not an amount. The basic premise is life is not fair until will are equally poor.

Except the ruling class, of course.

Nordhagen 03-10-2024 08:11 AM

Fair share
 
Quote:

Originally Posted by Andyb (Post 2309370)
So how many people do you think have $103,000 lying around to pay for wasteful spending? Hope you were joking?

Even if we all paid it, the politicians would just do it again.

villager7591 03-10-2024 08:21 AM

Since a l-e-f-t-y said it, you could pay 100% and he would want more...

Dusty_Star 03-10-2024 08:29 AM

Quote:

Originally Posted by shaw8700@outlook.com (Post 2309260)
And remember the rich can live anywhere they want. Remember Roger Moore? He had to live in Switzerland because Britain charged him so much tax!

As did Mick Jagger & the Rolling Sones, they went into tax exile in the 1970s because the UK tax was so high on their earnings. I think it has improved since then, but it was high.

villager7591 03-10-2024 08:30 AM

Disagree. SS is a personal savings account for each individual paying into it. Signed into law in 1935, shortly after The Great Depression, our Gov't. assumed that citizens were too stupid to save 'for retirement,' so it created SS. If I live long enough, I will get about 1% on MY money.
SS is MY money, not an entitlement.

Bill14564 03-10-2024 08:42 AM

Quote:

Originally Posted by retiredguy123 (Post 2309372)
Social Security is a cleverly disguised wealth transfer system. If it were optional, it would disappear.

Given that I will likely get more out of Social Security than I put into it, just who is the wealth being transferred from?

I could support the suggestion that it is a Ponzi scheme.

I agree that many would not contribute to Social Security if it were optional but there is no doubt in my mind that many would then find themselves either destitute or working until the day they die. I believe it is the mandatory aspect of Social Security is keeping many people fed today.

What is my "fair share?" Some feel my fair share is more than what I have been taxed. I feel my fair share should be less than what I have paid.

Cheapbas 03-10-2024 08:43 AM

Quote:

Originally Posted by dewilson58 (Post 2309368)
Actually it is...........by definition.

Some people are offended by the word, but it's accurate and correct.

Entitlement is a right to something, but in this case that right only exists because its beneficiaries spent their entire careers paying into it.

The context that is being pushed politically is it’s a freebie and it’s clearly not.


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