Senate Banking Committee Member Elizabeth Warren Does Not Understand How Social Security Works

Published:

Entry #33,694

Comments

Avatar jarasan -
#1
Another blithering idiot and proof that we need term limits yesterday.
Avatar MADDOG10 -
#2
Pocanonetis needs to vacate her teepee!
Avatar lakerben -
#3
She's 100 % correct.  The magas are brain dead and brainwashed by the motor mouth.   But now the country will be run by $$$$. We will see corruption like never before!
Avatar sully16 -
#4
Ben, did you even read the article? Do you understand how SS works?
and ....Elon paid 13 million in Federal taxes, Did you? let me guess after your H and R block refund your net payment was what? 28 dollars?
Half of this Country does not pay taxes, illegals pay no taxes, this fair share shiit is out of hand, enough is enough.
Avatar CDanaT -
#5
To those liberals who think that the rich needs to pay more.....Have your liberal HOR and Senators change the tax laws so they or their buddies can't hide any kind of finances, no more non profit donations, no deductions at all.  It's really simple, but I am sure that Ma*****e resident doesn't want the donations to her campaign to stop coming in either.
Avatar lakerben -
#6
Libwral,liber a l,liberal. Bs.  Lock him up!!
Avatar lakerben -
#7
It's now a billionaires country. Forget the middle class and everyone else. Elon and Donald. I smell a skunk!
Avatar grwurston -
#8
Lizzie isn't the richest politician but she ain't doing too bad herself.
https://www.thestreet.com/lifestyle/elizabeth-warren-net-worth-15024381
Avatar grwurston -
#9
https://www.ntu.org/foundation/tax-page/who-pays-income-taxes

The top 10% of earners bore responsibility for 76% of all income taxes paid, and the top 25% paid 89% of all income taxes. Altogether, the top 50% of filers earned 90% of all income and were responsible for 98% of all income taxes paid in 2021.

The other half of earners, those with incomes below $46,637, collectively paid 2.3% of all income taxes in 2021. This group includes many filers with no income tax liability either because their earnings fell below the taxable threshold or due to eligibility for tax credits that effectively reduce or eliminate income tax liability. Separate IRS data highlights that over 56 million tax returns in 2021 reported no income tax liability, with 93% of these returns filed by individuals with incomes less than $50,000. This underscores the complexity of the tax system and the various factors influencing tax liability across income levels.
Avatar lakerben -
#10
It will be interesting what's going to happen this year.
Avatar lakerben -
#11
Sully : trump wants taxes eliminated that are needed to fund social security.  FYI it's going to be interesting how he backs out of his campaign promises. He doesn't have a clue what he is doing.
Avatar sully16 -
#12
No no no Ben, he wants to eliminate the taxes we pay on them.
Example....I collect SS, I will have to pay taxes on them, people will still have to pay into them.

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