Thread: Social Security Reform

If it were up to you, what would be some things to change about the current Social Security Act to date? I know a few things I would like to make stricter like Welfare, but what about everyone else?

One thing that scares me and I hope is never even considered is Nancy Pelosi's idea to tax recipients of Social Security. I completely agree that there should be some kind of system for retirees to get money that they paid taxes on through their life, but what good would taxing a tax do. That's basically what it is. They paid taxes and followed the rules through their life on the job only to have their living money after retirement be taxed too. It sickens me to tell you the truth.

when my mother in law and father in law were still alive they had to file a federal tax return on there income derived from there income from social security .... and they had to pay taxes on it..

Originally Posted by wingrider

when my mother in law and father in law were still alive they had to file a federal tax return on there income derived from there income from social security .... and they had to pay taxes on it..

It makes no sense to me that the money you get from paying taxes all your life should be taxed as well. It's a slap in the face to those who played by the rules and worked hard their entire life.

brother you are spot on and they didn't like it either .. but it was either follow the rules or go to jail.... you know what ... I think when I'm 70 I going to do something to put me in jail so they can give me three hots and a cot.. and pay for all my medical

Don't "reform" it.

Kill it.

Since it's unconstitutional, it shouldn't exist.

Originally Posted by Traveling Bandsman

One thing that scares me and I hope is never even considered is Nancy Pelosi's idea to tax recipients of Social Security.

You're kidding me, right? I'm sure you're aware that Clinton's first tax increase passed the Senate on a tie vote with Al Carbon Credit casting the tie-breaking vote....and that bill taxed socialist security payouts.

The only reform that will come to SS in the future is that you don't get any. You still have to pay mind you.

It's a wonder to me why a big deal was made about Pelosi suggesting it, if it were already in action. My parents are retired and on Social Security, and my mother was ranting up a storm about Nancy Pelosi. Hooked my interest a little into the inner workings of Social Security and trying to find ways to make it a better system.