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Coronavirus (non political)

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Old 07-21-2020, 02:16 PM   #1
sdskinsfan2001
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Re: Coronavirus (non political)

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Originally Posted by SunnySide View Post
Payroll tax cut -- takes directly away from Social Security. As a 41 year old who has worked his entire working eligible life and paid into the system ... dont continue to rob me. This would only help people already employed, the more you make the more it helps you.

if they cut the payroll tax by 2% and I make just over 100k a year, that benefits me (who doesnt need it) much more than someone who makes 43k.

Stimulus checks - sounds like it will go to people making less than 40K or so a year. Id rather just continue raising the debt and go with stimulus checks vs taking away from Soc Sec even though that would benefit me

Defund or reduce testing - i dont understand this. Dont we want and need rapid testing as a first step towards opening schools back up, being able to contact trace? I think they increase funding for testing not reduce or defund.
I'm 37, I've lived my whole working life under the assumption that I'll never collect social security. I'll be pleasantly surprised if I do. But won't plan it as part of my retirement.

That being said, I think direct cash into taxpayers hands is the better option than a payroll tax cut.

I don't understand defunding testing either. I would need to read more about his reasoning for this. Seems like you could only fund testing less if there was a vaccine readily available.
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Old 07-21-2020, 03:02 PM   #2
SolidSnake84
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Re: Coronavirus (non political)

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Originally Posted by sdskinsfan2001 View Post
I'm 37, I've lived my whole working life under the assumption that I'll never collect social security. I'll be pleasantly surprised if I do. But won't plan it as part of my retirement.

That being said, I think direct cash into taxpayers hands is the better option than a payroll tax cut.

I don't understand defunding testing either. I would need to read more about his reasoning for this. Seems like you could only fund testing less if there was a vaccine readily available.
We are roughly the same age. I will turn 36 in September. I am like you, i think there is no way that i / we will ever be able to collect the money. The system will be bankrupt / gone / USA will have collapsed / whatever by then.

I wish there was a way that i could stop paying into it now, with the stipulation that i am waiving any right to any future payouts when i get old. Otherwise, i feel robbed, like most people do i'm sure when we go to retire and it isn't there.

I suppose part of the defunding testing talk might be based under the belief that most likely, and hopefully, one, or ALL of the vaccines currently in phase 3 trials will be approved by the end of the year, and with production able to supply billions of doses in 2021, testing would logically be scaled down as the pandemic subsides. America won't be the only country in that boat. Probably within the next couple of months many other major countries will have their vaccines readied / finalized. And i do believe, no matter how tough they talk, whichever country successfully produces it first has an ethical responsibility to share it with the world. Even Donald Trump wouldn't pass up the opportunity to gloat to the world that his administration produced the world's first approved vaccine and because of the goodness of the USA or whatever crap, we are sharing it with the world.
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