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Posted
2 hours ago, CardinalBacker said:

Your Medicare tax rate was 1.45% of your gross earnings. So if you averaged $75k annual for your entire 50 year career (bag boy at Market Basket at 16 y/o until your started drawing Medicare at age 65) you would have personally paid $54,375.  Except you and both know that you weren’t making $75k a year as a bag boy 50 years ago. And it’s unlikely you ever grossed $75k at any point in your career, either. 
 

Your actual contributions to Medicare probably total less than $40k… but you demand free healthcare because “you already paid for it.”

 

you a welfare queen. 

lol, another CB prediction.

😂😂😂

Posted
1 hour ago, LumRaiderFan said:

lol, another CB prediction.

😂😂😂

The numbers don’t lie…. You think you’re owed much, much more than you ever contributed. 
 

End Medicare when the individuals’ contributions are exhausted. That last two hundred dollars goes towards a syringe full of whatever they give those victims at the Walls Unit. 

Posted
15 minutes ago, CardinalBacker said:

The numbers don’t lie…. You think you’re owed much, much more than you ever contributed. 
 

End Medicare when the individuals’ contributions are exhausted. That last two hundred dollars goes towards a syringe full of whatever they give those victims at the Walls Unit. 

Gosh, all the repetitive posts about Trump that should be deleted because they were full of crap and made you look foolish, now you have something else to harp on. Geez, is there anything that pleases you? Do you really care? I think you just like to argue.

Posted
1 hour ago, baddog said:

Gosh, all the repetitive posts about Trump that should be deleted because they were full of crap and made you look foolish, now you have something else to harp on. Geez, is there anything that pleases you? Do you really care? I think you just like to argue.

Poor guy must have a miserable life, hates everything, including teachers and veterans.

Posted
16 hours ago, CardinalBacker said:

Here’s the problem… all of the money you paid into Medicare won’t cover a week-long stay in the hospital in today’s money. 
 

You’re demanding a handout. 

So by your logic my home and auto insurance is a handout? 

I buy a brand new home for 300K and pay my first insurance payment of $330.  A week later lighting strikes the house, causes a fire and it's a total loss. I only paid $330 for getting $300K to rebuild my home plus maxing out the living expenses included with my insurance policy.......handout? 

Posted
18 hours ago, CardinalBacker said:

Your Medicare tax rate was 1.45% of your gross earnings. So if you averaged $75k annual for your entire 50 year career (bag boy at Market Basket at 16 y/o until your started drawing Medicare at age 65) you would have personally paid $54,375.  Except you and both know that you weren’t making $75k a year as a bag boy 50 years ago. And it’s unlikely you ever grossed $75k at any point in your career, either. 
 

Your actual contributions to Medicare probably total less than $40k… but you demand free healthcare because “you already paid for it.”

 

you a welfare queen. 

You are assuming the money paid into the government (which is also matched by your employer and could have been paid to you instead) was never invested. You're also not taking Social Security into account. The total of the two is 7.65% and doubled to 15.3% with the employer match. Then there's also the .9% additional Medicare paid by the employer for earners over $200,000. To be fair, there is a cap on the 6.2% (which goes up every year without fail), so you can't just look at lifetime earnings and apply the math.

But, if invested since day one based on just the average rate of return, the earnings you could get are exponentially greater than what the government may or may not give you back - even taking into consideration survivor benefits.

And don't give me the argument about people not being responsible enough to invest their own money for retirement. That's beside the point. IT'S THEIR MONEY!

CB, if you're trying to tell me that you trust the government to be responsible & efficient with your money better than you could be on your own, I have truly underestimated your intelligence. You're a smart guy, and you know better.

Posted
8 hours ago, SmashMouth said:

You are assuming the money paid into the government (which is also matched by your employer and could have been paid to you instead) was never invested. You're also not taking Social Security into account. The total of the two is 7.65% and doubled to 15.3% with the employer match. Then there's also the .9% additional Medicare paid by the employer for earners over $200,000. To be fair, there is a cap on the 6.2% (which goes up every year without fail), so you can't just look at lifetime earnings and apply the math.

But, if invested since day one based on just the average rate of return, the earnings you could get are exponentially greater than what the government may or may not give you back - even taking into consideration survivor benefits.

And don't give me the argument about people not being responsible enough to invest their own money for retirement. That's beside the point. IT'S THEIR MONEY!

CB, if you're trying to tell me that you trust the government to be responsible & efficient with your money better than you could be on your own, I have truly underestimated your intelligence. You're a smart guy, and you know better.

I didn’t “assume” it wasn’t invested… it wasn’t invested. So your premise is faulty from the start. I pointed solely at Medicare because I feel it’s the biggest financial loser of all. 
 

The numbers don’t lie… you’ve paid less than $50k towards Medicare over your career. To stand there and chirp “but I paid for it! It’s MINE!” is a bald faced lie, if Medicare has paid more than that amount towards your care. 
 

The point I’m making is this… one third of all federal dollars spent in 2023 were borrowed. When 95% of that total spending is a sacred cow (military, social security, Medicare, Medicaid, interest on our debt, etc…. How are those two billionaires gonna save us? They can’t, because y’all won’t let them. The areas you want to see trimmed are insignificant in the grand scheme of things. 
 

Y’all keep comparing Medicare to an insurance policy….. it isn’t, and it wasn’t. It was a savings account that drew no interest. Add to that the fact that the fund was depleted by big government, health care costs soared, we all started living longer on average, and population growth stalled, and the whole thing was proven to be a state sponsored Ponzi scheme. 
 

And old farts hollering “just wait until I get paid off, then screw the rest of y’all” should be met with some cold hard reality. Y’all elected and re-elected the jerks that destroyed it. Your generation as a whole is responsible for its collapse and should be punished. 

Posted
13 hours ago, CardinalBacker said:

1. I didn’t “assume” it wasn’t invested… it wasn’t invested. So your premise is faulty from the start. I pointed solely at Medicare because I feel it’s the biggest financial loser of all. 
 

2. The numbers don’t lie… you’ve paid less than $50k towards Medicare over your career. To stand there and chirp “but I paid for it! It’s MINE!” is a bald faced lie, if Medicare has paid more than that amount towards your care. 
 

The point I’m making is this… one third of all federal dollars spent in 2023 were borrowed. When 95% of that total spending is a sacred cow (military, social security, Medicare, Medicaid, interest on our debt, etc…. How are those two billionaires gonna save us? They can’t, because y’all won’t let them. The areas you want to see trimmed are insignificant in the grand scheme of things. 
 

3. Y’all keep comparing Medicare to an insurance policy….. it isn’t, and it wasn’t. It was a savings account that drew no interest. Add to that the fact that the fund was depleted by big government, health care costs soared, we all started living longer on average, and population growth stalled, and the whole thing was proven to be a state sponsored Ponzi scheme. 
 

And old farts hollering “just wait until I get paid off, then screw the rest of y’all” should be met with some cold hard reality. Y’all elected and re-elected the jerks that destroyed it.
 

4. Your generation as a whole is responsible for its collapse and should be punished. 

1. I did not explain myself very well. My fault. I meant to say that the money that was paid in into Medicare, had it been kept by you, you could’ve invested that money and had more than $50,000. Also, just pointing solely at Medicare does not show the whole picture. You have to look at it broader than that.

2. I don’t know which “you” you are speaking of, but I have paid in more than $50,000 in Medicare over my career. And if you look at the amount of investment income that I’ve lost from it, it is potentially very much larger than that. Also, Medicare has not paid one dime towards my health healthcare. So I don’t know where you’re getting your information from. Are you just using points that suit you? That’s where you’re failing is.

3. this is the only point you have made that makes any sense whatsoever.

4. I take it back. You’re not as smart as I thought you were.

Posted
9 minutes ago, SmashMouth said:

1. I did not explain myself very well. My fault. I meant to say that the money that was paid in into Medicare, had it been kept by you, you could’ve invested that money and had more than $50,000. Also, just pointing solely at Medicare does not show the whole picture. You have to look at it broader than that.

2. I don’t know which “you” you are speaking of, but I have paid in more than $50,000 in Medicare over my career. And if you look at the amount of investment income that I’ve lost from it, it is potentially very much larger than that. Also, Medicare has not paid one dime towards my health healthcare. So I don’t know where you’re getting your information from. Are you just using points that suit you? That’s where you’re failing is.

3. this is the only point you have made that makes any sense whatsoever.

4. I take it back. You’re not as smart as I thought you were.

I think Trump broke him, doesn't even seem to be capable of simple math.

Posted
31 minutes ago, SmashMouth said:

1. I did not explain myself very well. My fault. I meant to say that the money that was paid in into Medicare, had it been kept by you, you could’ve invested that money and had more than $50,000. Also, just pointing solely at Medicare does not show the whole picture. You have to look at it broader than that.

2. I don’t know which “you” you are speaking of, but I have paid in more than $50,000 in Medicare over my career. And if you look at the amount of investment income that I’ve lost from it, it is potentially very much larger than that. Also, Medicare has not paid one dime towards my health healthcare. So I don’t know where you’re getting your information from. Are you just using points that suit you? That’s where you’re failing is.

3. this is the only point you have made that makes any sense whatsoever.

4. I take it back. You’re not as smart as I thought you were.

Who says our government doesn’t invest? Pelosi invests “our” money. Just had to get that in there. Lol

Posted
15 hours ago, CardinalBacker said:

I didn’t “assume” it wasn’t invested… it wasn’t invested. So your premise is faulty from the start. I pointed solely at Medicare because I feel it’s the biggest financial loser of all. 
 

The numbers don’t lie… you’ve paid less than $50k towards Medicare over your career. To stand there and chirp “but I paid for it! It’s MINE!” is a bald faced lie, if Medicare has paid more than that amount towards your care. 
 

The point I’m making is this… one third of all federal dollars spent in 2023 were borrowed. When 95% of that total spending is a sacred cow (military, social security, Medicare, Medicaid, interest on our debt, etc…. How are those two billionaires gonna save us? They can’t, because y’all won’t let them. The areas you want to see trimmed are insignificant in the grand scheme of things. 
 

Y’all keep comparing Medicare to an insurance policy….. it isn’t, and it wasn’t. It was a savings account that drew no interest. Add to that the fact that the fund was depleted by big government, health care costs soared, we all started living longer on average, and population growth stalled, and the whole thing was proven to be a state sponsored Ponzi scheme. 
 

And old farts hollering “just wait until I get paid off, then screw the rest of y’all” should be met with some cold hard reality. Y’all elected and re-elected the jerks that destroyed it. Your generation as a whole is responsible for its collapse and should be punished. 

Wow awhile ago he was bashing disabled vets now "OLD FARTS".  I guess he not there yet and has plenty money to handle the "OLD FART" problems.  Woner what he would do if he had PTSD, cancer, diabetes and other maladies caused by war and agent orange.  Just crazy.

Posted
3 hours ago, rupert3 said:

Wow awhile ago he was bashing disabled vets now "OLD FARTS".  I guess he not there yet and has plenty money to handle the "OLD FART" problems.  Woner what he would do if he had PTSD, cancer, diabetes and other maladies caused by war and agent orange.  Just crazy.

"The war (in which I never saw any action) gave me the Type 1 Diabeetus (which is a genetic condition).  

Who's gonna pay for my prosthetic leg once they amputate my big fat leg?"

To answer your question... I'd drink, like men do.  Not demand a monthly check... like welfare queens do. 

Posted
On 12/13/2024 at 2:56 PM, CardinalBacker said:

"The war (in which I never saw any action) gave me the Type 1 Diabeetus (which is a genetic condition).  

Who's gonna pay for my prosthetic leg once they amputate my big fat leg?"

To answer your question... I'd drink, like men do.  Not demand a monthly check... like welfare queens do. 

Yeah, that's a little far fetched and a lot disrespectful to those who served valiantly. My Dad (remember the guy with the 2 Bronze Stars with Combat V) got no monthly check or anything above treatment from the VA for the cancer he was awarded along with the commendations for heroism in battle. Your scenario doesn't happen.

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