A citizen and the government have a friendly chat about taxes, gambling, and Social Security.
Written by Austin Bragg, Meredith Bragg, and Andrew Heaton; starring Austin Bragg and Heaton; produced by Meredith and Austin Bragg; cameras by Meredith and Austin Bragg, Justin Monticello, and John Osterhoudt.
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Caught me off guard, they did.
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At this point, Social Security is a gamble even if you do reach 67.
Meh, we'll just print more if we need it.
That would actually violate the Social Security Act.
Wow. That's a relief. I'd be scared if congress was able to change the law!
Sure, Congress could change the law, if they could get their act together (little evidence of that happening any time soon).
However that would involve a good bit more than "just print more money" which is what Diane Reynolds (Paul.) suggested.
As a matter of law, The SSA requires that total benefits paid not exceed current SS payroll tax revenues + the balance of the SS trust fund.
Do you mean the law, that they called the Federal Insurance Contribution Act (FICA) that the Supremes ruled, not long after it was passed, that it was no such thing but simply done under Congress's authority to tax and spend?
That "law"?
Hypothetically the Fed could print the money, then donate it to the SS trust fund
These videos are probably the only good thing on Reason at all these days. Also, when do you plan to really start covering the Jorgensen Campaign?!!
When she endorses Biden.
Threadwinner.
+1 "I'm here to vouch for Joe Biden..."
You win an the internet.
When she looks like she might have a shot at national level recognition. Then they'll cover all her flaws and talk about why you should vote for Hillary.
Why would they cover a Libertarian's campaign on a supposedly Libertarian website run almost exclusively by illiberal SJWs? Hmmmm, I wonder why...
It really sucks. Nobody will cover anyone but Trump or Biden. They're both so terrible and not even Reason will cover any of the alternatives.
Money from wealth seizures will go towards those that cannot collect unemployment in everyone's favorite states and cities, according to this:
https://www.foxnews.com/politics/local-governments-weigh-major-tax-hikes-to-plug-coronavirus-induced-shortfalls
How will taxing undeclared capital gains (since they are taxed when you sell) work... Is this legal, will the government seize your 401k, etc (if you file incorrectly), and, are they going after union pension savings undeclared cap gains and ivy endowments? I realize the D's want to do this at the fed level, this is the first local level seizures I've read about.
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I think the government should listen to its own people. 3cre
wow nice video
So true! These guys need to be famous.
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