Biden: Lower Medicare Age From 65 To 60: YES!

[PoliTalker]

Hello Woko Haram,

And when they inevitably move their money overseas?...

Taxing the rich more is an old tactic that usually isn't very effective. If it actually worked, you would see the Nordic countries tax their rich more than they already do while taxing the average person less. Every country with a NHS taxes the average citizen significantly more than we do.

Now, I'm not necessarily against having a NHS, but if you're going to push for one, you should be honest about it. Pretending like the top 1% will pay for it all is foolish at best and deceitful at worst.

Taxing the rich more already worked in the 1950's.

They didn't move their money out of the USA.

Anybody who would favor their wealth over the USA is not a patriotic American. We need to tell them they have a decision to make. If they want to stay here with baseball and their family they need to pay their taxes as determined by our representative government. If they choose to leave then we don't want them, and they should not be allowed back in the country. EVER. Their choice.

We have just got to stop sucking up to the greedy super-rich.

[PoliTalker]

Hello Woko Haram,

The one thing I will blame the super rich for is hiring illegals. Neither party seems interested in holding corporations accountable for that, and the Democrats won't even support border security. If there was less illegal immigration, there would be more decent paying jobs.

No, there wouldn't be more decent paying jobs if there was less illegal immigration. Americans don't want to work the jobs they take for the pay those jobs pay. You really want to stand at a poultry processing line and chop up chickens all day?

The problem is not immigration. It is improperly regulated capitalism.

The goal of the greediest capitalists is to eliminate labor.

They want money. You get more money by eliminating the labor expense any way you can. They don't care about people.

It's the bottom line.

If we don't have a powerful government to tell greedy people they can't do greedy things, they are going to do them.

[Hawkeye10]

As there are increasingly not enough jobs to go around bumping up the retirement age as we have done is short sighted and an act of cruelty.

[Legion]

Donald Trump has demanded Puerto Ricans vote for him, despite the island’s residents not being able to cast a ballot in the presidential election.

Joe Biden launches new vote ads for Puerto Ricans

[Saudade]

Hello Woko Haram,

Taxing the rich more already worked in the 1950's..

First, the US was one of the only places worth investing in at that time. The developing world was extremely primitive at the time, and much of the rest of the developed world was still recovering from war.

Second, no elite actually paid the nominal tax rates for income at that time, because there were no limits on deductions. So the actual amount of tax revenue gained from high income taxes at that time was not nearly as high as a lot of people assume.

Anybody who would favor their wealth over the USA is not a patriotic American. We need to tell them they have a decision to make. If they want to stay here with baseball and their family they need to pay their taxes as determined by our representative government. If they choose to leave then we don't want them, and they should not be allowed back in the country. EVER. Their choice.

We have just got to stop sucking up to the greedy super-rich.

All that would accomplish is a lot of wealthy moving out of the country, renouncing their citizenship, and investing as foreigners, which ultimately leads to lower tax rates for them. There are enough places in the world where the wealthy can afford to live while having a substantially higher standard of living than in America while also paying less in taxes -- like Singapore.

Even most of the progressive countries of Europe don't put the focus on taxing the wealthy. Everyone pays more in taxes, in order to pay for the vast array of public amenities.

[Saudade]

Hello Woko Haram,

No, there wouldn't be more decent paying jobs if there was less illegal immigration. Americans don't want to work the jobs they take for the pay those jobs pay. You really want to stand at a poultry processing line and chop up chickens all day?.

That's not the only work illegals do. A lot of construction jobs used to pay better than they do now, but wage depression has set in from many firms hiring illegals.

Also, many Americans do actually work farm jobs when illegals get kicked out. There have been multiple cases of this happening. Ultimately, people will work if they need the money.

The problem is not immigration. It is improperly regulated capitalism.

The goal of the greediest capitalists is to eliminate labor.

No, the goal is to acquire the cheapest labor possible, which means bringing in poor immigrants illegally. Eliminating labor only happens through automation, which requires a large initial investment. However, automation is a process that doesn't require exploiting immigrants or wage depression; it is a natural process of technological advancement.

They want money. You get more money by eliminating the labor expense any way you can. They don't care about people.

It's the bottom line.

If we don't have a powerful government to tell greedy people they can't do greedy things, they are going to do them.

And how do you think greedy people get away with what they do? Do you really think any politician is actually going to help you start your socialist revolution? If the far left ever actually gets the power it desires, it will proceed the same way it does in most countries where that happens. They'll accumulate power and create a crony economy of their own design. The only difference is that they'll buy the public's favor by expanding the welfare state. This process has been repeated time and time again throughout Latin America, for example.

[Ralph]

"Presidential candidate Joe Biden wants to lower the eligibility age for Medicare to 60 from 65."

***

What a perfect time to do it, when many older Americans are leaving the workforce because they don't want to stay on and risk getting COVID-19. They face a desperate choice: Stay in the workforce for health insurance, and risk possible exposure ot COVID-19, or take early retirement without health insurance, and have the ability to social distance more effectively.

***

"He also pointed out that Biden wants to create a public health insurance option and expand access to coverage through the health-care exchanges. Those options could end up being better for those folks than Medicare, he said.

Separately, Biden wants Medicare to cover dental, vision and hearing, all of which are currently excluded. For that, beneficiaries can sign up for a Medicare Advantage Plan, which may provide some coverage.
Lower prescription drug costs

Biden also wants to reduce what Medicare beneficiaries pay for prescription drugs, notably by allowing the government to negotiate those prices — which is prohibited by law currently. The Congressional Budget Office has estimated such a move would save $456 billion from 2023 through 2029 (based on a House bill that would make the change).

At the same time, though, the budget office report noted that negative effects may include reduced spending on research and development.

Biden also would prohibit most drug prices from rising faster than inflation. "

***

And he wants to raise taxes on the super-rich to pay for it.

But only the super-rich. Actually a lot of very rich people, and everyone else, would still see no increase. Biden says everyone making $400,000 or less would not see their taxes raised.

Looks like no one will have to worry about what Biden wants and does not want.......The democrat DON of corruption is soon to be TOAST right after all those pictures and emails from Biden are released...there is much more to come. Now they are releasing an email from Hunter to his daughter detailing how pissed Hunter is that POPS is taking half his income from those corrupt business deals. The FBI had this HARD DRIVE for over 8 months now.........the only thing that made it possible to release this information is the fact that TEAM TRUMP made a copy of the hard drive and now they are going to do what the FBI refused to do, declassify all the information. And they can prove the information came directly off Biden's laptop. I'd say that RAY and all the other swamp rats remaining in the FBI are pissed right about now.

When Trump unzips......he never shows all his junk at once.

[PoliTalker]

Hello Woko Haram,

First, the US was one of the only places worth investing in at that time. The developing world was extremely primitive at the time, and much of the rest of the developed world was still recovering from war.

Second, no elite actually paid the nominal tax rates for income at that time, because there were no limits on deductions. So the actual amount of tax revenue gained from high income taxes at that time was not nearly as high as a lot of people assume.

If they paid half of that nominal rate it would still be double what they are paying now, which obviously by the deficit, is not even enough to run the country. How long can we continue to borrow to run the country? (I don't expect you to answer that because anti-tax people always avoid that question.)

All that would accomplish is a lot of wealthy moving out of the country, renouncing their citizenship, and investing as foreigners, which ultimately leads to lower tax rates for them. There are enough places in the world where the wealthy can afford to live while having a substantially higher standard of living than in America while also paying less in taxes -- like Singapore.

Even most of the progressive countries of Europe don't put the focus on taxing the wealthy. Everyone pays more in taxes, in order to pay for the vast array of public amenities.

What they really want is to pretend to be legally a resident of somewhere else, but actually live in and enjoy the USA. If they really wanted to live somewhere else they would have left already. All we have to do is make laws that force them to choose. It needs to be a legal wall. You can't have it both ways.

[PoliTalker]

Hello Woko Haram,

... Do you really think any politician is actually going to help you start your socialist revolution? If the far left ever actually gets the power it desires, it will proceed the same way it does in most countries where that happens. They'll accumulate power and create a crony economy of their own design. The only difference is that they'll buy the public's favor by expanding the welfare state. This process has been repeated time and time again throughout Latin America, for example.

I never said I wanted a 'socialist revolution.' I have consistently said we need to continue to combine capitalism and socialism; and our challenge is to get the right balance.

The far left is never getting total power because it will always be offset by the middle left, the middle right and the far right. I understand your fears, but they are unfounded.

That they are unfounded is shown in the example of our conversation. You somehow got the impression that I wanted a 'socialist revolution,' but in reality I don't actually want that and never said so. Just as you were mistaken about my views, everyone who is afraid that 'the far left wants to do away with capitalism and turn us into a socialist country' is also mistaken.

This is the USA we are talking about. By far, the predominate power in the USA is big corporate big money, big greed power. That power is never going to allow the USA to abandon capitalism and turn into a socialist country, end of story, nuff said, period. No need to ever worry about that.

[Bill]

I have to wait till im 66. I'm glad for MEDICARE,but I'm pretty healthy

The y pay out all kinds of shit based on Retirement Funds -I'm pretty sure even Disability payments are funded thru Retirement witholdings. not that i would deny Disability.but it's another drain

then we get to SSI etc. no dedicated funding either.

At this point we are headed on a vector to unsustainable budget collapse.
Oh well. we told you so.. I'll go to my grave without kids -I no longer care -why should I?

I am sure there are lots of parents that will rent you some brats for a week or two to get that out of your system.. lol

They are a real blessing in older life, but you pay the price up front...

[Geeko Sportivo]

Did Shaky Joe's handlers tell him how it's supposed to be paid for?

Yes, he said he is raising taxes back up on the same richest Americans that Donald Trump lowered to help himself and all of his rich buddies.

And then we find out that for 20 years Donald Trump did not pay any taxes, and the year he was elected and his first year in office, he only paid $750.00 total- TOTAL!

[PoliTalker]

Hello Geeko Sportivo,

Yes, he said he is raising taxes back up on the same richest Americans that Donald Trump lowered to help himself and all of his rich buddies.

And then we find out that for 20 years Donald Trump did not pay any taxes, and the year he was elected and his first year in office, he only paid $750.00 total- TOTAL!

It really is infuriating.

And, because of his tax give-aways, the federal budget is a MESS. All kinds of stuff left underpaid and unfunded. He quit collecting the payroll tax that pays for SS and medicare. He ran the federal debt up to the moon. Didn't collect enough revenue to pay for the country. Now the debt is sky high. Of COURSE you can boost the economy if you don't collect enough taxes. But how does that pay for the government? Answer - oh, I know this one, IT DOESN'T. So now, yes, we have to raise up tax on the super-rich even HIGHER to pay for the freeloading years of Trump. What a MESS. The sooner we get rid of this guy the better. We can't AFFORD another 4 years of this irresponsibility.

Leave it to a Democratic President to come in and clean up the Republican budget mess, ONCE AGAIN.

Will the economy take off like gangbusters as we do this? It could, but probably not. But when you understand WHY we have to do it, then you'll know we do have to do it. There's no other way out of owing a bunch of bills than to have to pay them. But fortunately we have a lot of people with a lot of money in this country. All the money that is needed. We just have to put the screws to 'em and get 'em to pay.

It's the right thing to do for the good of the country.

We can put the country in good order. It's just gonna take a lotta work.

[Saudade]

Hello Woko Haram,



If they paid half of that nominal rate it would still be double what they are paying now, which obviously by the deficit, is not even enough to run the country. How long can we continue to borrow to run the country? (I don't expect you to answer that because anti-tax people always avoid that question.).

The way to make us financially solvent as a country is to cut spending dramatically. This would involve cutting the welfare state in half and probably the military in half as well. Of course, neither party is willing to do that.

What they really want is to pretend to be legally a resident of somewhere else, but actually live in and enjoy the USA. If they really wanted to live somewhere else they would have left already. All we have to do is make laws that force them to choose. It needs to be a legal wall. You can't have it both ways.

As long as tax havens exist, all the schemes for raising taxes on the elite are going to fail.

[Saudade]

Hello Woko Haram,



I never said I wanted a 'socialist revolution.' I have consistently said we need to continue to combine capitalism and socialism; and our challenge is to get the right balance.

The far left is never getting total power because it will always be offset by the middle left, the middle right and the far right. I understand your fears, but they are unfounded.

That they are unfounded is shown in the example of our conversation. You somehow got the impression that I wanted a 'socialist revolution,' but in reality I don't actually want that and never said so. Just as you were mistaken about my views, everyone who is afraid that 'the far left wants to do away with capitalism and turn us into a socialist country' is also mistaken.

This is the USA we are talking about. By far, the predominate power in the USA is big corporate big money, big greed power. That power is never going to allow the USA to abandon capitalism and turn into a socialist country, end of story, nuff said, period. No need to ever worry about that.

Latin America thought that too, but many of their countries have gone that route. While I agree that corporatism largely drives our politics, there actually is a form of socialism that corporations don't necessarily mind. If you look at what has happened to a lot of Latin America, they have mostly lost their middle class while creating a massive underclass. The way they keep the underclass mostly complacent is by providing them several public amenities. The amenities aren't that great, but they're enough to keep a revolution from happening. The quality of life is pretty crappy but not enough to make people truly desperate, while a small elite runs everything and a large black market fills in the gaps. That is most likely America's future.

[PoliTalker]

Hello Woko Haram,

The way to make us financially solvent as a country is to cut spending dramatically. This would involve cutting the welfare state in half and probably the military in half as well. Of course, neither party is willing to do that.

Guess why. Take a wild guess. Oh, of course I am going to tell you.

Because IT WOULD CRASH THE ECONOMY.

Taking away all those hand-outs takes the spending money away from millions of consumers, they no longer spend, consumer spending being a big part of the economy, = BIG CRASH.

That's why they don't want to do that.

As long as tax havens exist, all the schemes for raising taxes on the elite are going to fail.

Well then it won't matter if we go ahead and do it. Then we'll find out if that's really correct or not. If you're right, which I suspect you are not, then your cherished rich that you are protecting will have nothing to worry about. If you're wrong and we get away with electing responsible leadership and we finally begin collecting enough revenue to pay for the country then, oh my, we actually pay for the country for the first time since Bill Clinton.

And that would be a bad thing because why?