Trump : latest pitch no taxes for individuals making less than 150k.
- Thread starter Clemson Goat
- Start date
Well is it just income taxes or is it payroll taxes as well? If its payroll taxes then that completely eliminates funding for social security and medicare, and I’m assuming that’s likely the goal so that they can be privatized.
Its another one of these deals that the average American hears and thinks is an amazing idea, but would create havoc in the form of either eliminating a significant amount of government services or creating the largest budget deficits the country has ever seen.
Its all a word game. Instead of saying “we support eliminating social security and medicare and other services many Americans find essential” they say “no tax on anyone making less than $150k.”
I mean, I’m probably going to make over $150k this year, but sure I’d love to not have anything taxed on that first 150k, but I’d also like to make sure that when I fly there are enough air traffic controllers working so its safe, or that there are people actively regulating the amount of toxins that can be in my drinking water, or government assistance in the event a huge natural disaster. The administration is already trying to significantly limit these services, now imagine if 90+% of Americans stopped paying taxes altogether.
I’d also be curious how @scotchtiger and other traditional “taxes are a punishment for the successful” Republicans view this. Does this not make the tax system even more unfair for those who earn more?
Also - the idea that tariffs could make up for the revenue shortfall of eliminating so many taxes is crazy talk. You’re talking about eliminating trillions of dollars in revenue, the administration’s tariffs are expected to generated approx $120 billion per year, so that’s a pretty significant shortfall.
But I’m open to hearing more about the plan.
No. Trump will do nothing but strengthen SS imo.
Bullshit, he's actively trying to break it. Get off your knees
EXCLUSIVE: Memo details Trump plan to sabotage the Social Security Administration
An internal Social Security Administration (SSA) memo, sent on March 13 and obtained by Popular Information, details proposed changes to the claims process that would debilitate the agency, cause significant processing delays, and prevent many Americans from applying for or receiving benefits.
popular.info
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You guys are delirious. Trump broke yalls delicate cranial sections.
I am pretty sure he said that he wants to exempt SS from taxes in a subsequent step. I hear what you are saying. I am 61 and collecting that SS is closer in my windshield than ever and coming up fast. I trust Trump.
What specific policies do you believe the President will enact that will strengthen Social Security? Also, can we define what “strengthened” social security actually is?
He’s referring to the no tax under $150k, saying only income tax would be exempt, payroll taxes would not.
Well with DOGE saving eventually into the trillions of dollars and also getting rid of fraudulent SS payments that all will strengthen SS and its bottom line. No rocket science here.
So no specific policies or clarification on what “strengthening” social security means. Got it.
During my first DOGE Committee hearing, it was exposed that nearly $1 TRILLION dollars per year of fraudulent and improper payments could be saved simply by putting identify verification software on federal government payment processors.
This would stop checks from being sent to dead people, illegals, and criminals in foreign countries just by verifying people’s identity.
Think about it.
You have to verify your identity many times a day just to complete basic tasks.
But our own government just blindly sends checks to anyone and everyone whether citizen, non-citizen, dead or alive.
We must end this malpractice and outright waste, fraud, and abuse.
This is the mission of DOGE.
I think it’s a stupid idea. If we’re going to have income taxes, everyone should pay their fair share.
I also think it sets up a major problem down the road. Once you remove taxes on 90% of the country, you will never be able to go back and tax them. That means when we need more revenue, an even larger and more punitive tax will be levied on the other 10%.
Fvck all that.
I would define strengthening as
1) Payments staying the same or increasing
2) The longevity of the fund (time until funds run out) increases in duration.
I would add a 3rd one to that. I would add something that talks to integrity of the SS system. In other words, accuracy. Some sort of Audit to ensuere that a.) SS is being taken from payroll accurately (everyone who should pay SS taxes do) , b.) to ensure that people who are getting it are getting the correct amount, and c.) ensure those that sholdn't get it (dead people, illegals etc.) dont.
Audits should be mandated and accuracy goals established. If periodic audit has s discrepancy over a certain threshold then that should trigger a more comprehensive audit.
edit: grammer/readability
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I’m not sure if its possible to increase the amount without higher payroll taxes (other than the standard cost of living increases). But the amount remaining the same and improving longevity of the fund go hand in hand, I think. You improve its solvency and the payments won’t have to be decreased. I’m not sure what specific policy the Trump administration has proposed that would accomplish either of the things you mentioned, and certainly it seems that the goal is to decrease the efficiency and solvency of social security.
Personally, I’d be in favor of eliminating social security altogether and using those funds, along with funds for medicare and medicaid, for universal heath care.
Yeah it kind of feels like if you go this route then you might as well just repeal the 16th amendment altogether, which also doesn’t feel like the best idea.
I agree 100%. Makes no sense.
I personally believe that EVERYONE no matter what income level should pay SOMETHING in taxes if they have any income at all. I don't care how much. Put one of your discetionary nickels in the box and have a stake in the system. Even if net net you get more in public assistance than you make, at least you contributed.
When you say "it seems the goal is to decrease the efficiency and solvency of social security" what exactly do you mean and what leads you to think this?
Doge is eliminating 7,000 jobs in the social security admin and seems poised to further cut away at the organization’s ability to function, mostly under false pretenses. Members of congress have floated cutting SS benefits, and we still don’t know if the President’s idea of no tax on people under 150k means he will propose the elimination of the payroll tax.
Its becoming increasingly clear that the goal of Doge is to destabilize essential government agencies so significantly that either 1) they can be privatized or 2) the President can take more direct, unilateral control over them.
Everyone nets more than they put in. Doesn’t matter how much you pay in taxes, if you fly or drive on the interstate or buy food at the grocery store or take prescription medications, etc etc, you’re netting more than you could possibly ever afford to pay for those services to be available and trustworthy.
We do a really bad job of explaining how important so many services are and the value we all get from them.
Thats a bit broader than i was thinking. But no argument from me. My thing is that i think the act of paying/contributing is important psycologically. You may get a credit back and come out where you actually paid net $0.00 but i still think there is a benefit.
Many government services are kind of victims of their own success. “There hasn’t been a cholera outbreak in my lifetime, so its wasteful for the government to spend money on ensuring sewage doesn’t get into our drinking water.”
Vaccines are the greatest example of this. They have worked so incredibly well that people are now fighting against them for reasons I can’t even understand.
Which member of congress, or the Presidents admin have discussed cutting SS? I have not seen that.
I have seen a lot of fear mongering from the left about cutting SS, but not one Trump admin official has talked about cutting SS. I do not think that is an honest argument, it seems to be a fear mongering argument from the left.
It's acutally the exact opposite of what you are implying. Trump has explicitly stated he will not touch SS or Medicare.
The American people want honest arguments where people can argue on the merits. They are tired of the misinformation and lies like you are pushing. They want authenticity.
Make an authentic argument as to why you think SS will be cut. You have not provided a shred of evidence when there is a mountain of evidence suggesting it won't be touched.
Isn’t that what’s happening now though? People pay in through their paychecks, then get refunds when they file?
Because what they are fighting against is not a vaccine at all.
They changed the definition of vaccine so that it would include the experimental treatment.
Thats why. If you don't understand it's because you don't want to understand. Or you are stupid. I tend to believe you don't want to understand and that you are probably a bright person.
This. Every person should be forced to write a check for what they owe. They will start paying attention fast.
The Trump administration is actively cutting social security. Closing field offices and significantly reducing staff at the SSA is a cut to social security and will make it more difficult for people to get their benefits. And no matter what news source I site you’ll just say its fake news and blah blah blah. There’s no real point in going down the rabbit hole with someone who is fully bought in to the Trump administration’s propaganda and various conspiracy theories.
You have a lot of prognostications, but no evidence and you have not given them a chance to "cook".
Just like y'all freaked out about inflation, but the reality is that it came down quickly once Trump was elected. Egg prices, down significantly.
There is a lot of fat in every governement agency. Are you suggesting that the SS could not afford to reduce headcount? What evidence do you have to support that?
Which seniors have complained about their benefits being "harder to get?" There was one, and DOGE admitted the mistake and quickly fixed it. What other complaints are you referring to?
You are the only one espousing conspiracy theories. Conspiracy: "They are slashing Social Security". Reality: Social Security is the one thing they will not cut (unless its fraudulent, which they said they would elminate).
Cite any news source. Cite your most liberal rag and show us where any Trump admin official has said the will cut Social Security. Go down the rabbit hole with me. Which one?
Exactly. You are just making shit up out of thin air hoping your audience is stupid enough to believe it. Bold strategy
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Yeah. I guess so. It's been so long since I've been on end where i didn't owe more money at tax time, i kinda forgot. (Well and the fact that my wife has done our taxes since the day we got married).
It will never happen because the government wants it's money as soon as it can get it and payroll taxes ensure that they gov't gets the money without having to come collecting, but I've thought that people would pay a lot more attention to their tax dollars and how they are being spent if each and every person had to write a check to the government instead of the "outta sight, outta mind" way that payroll taxes are taken today.
