Quotes About Social security

A tax system is important because of what it can pay for, but also for how it works. When we pay taxes, we expect something back from the state; it strengthens the relationship and accountability between us and our governments. It also pays for what private finance shouldn't: our needs for healthcare, education and social security.

For more than forty years, the United States Congress has shamelessly used payroll taxes intended for Social Security to fund big government spending.

By requiring that any surplus in Social Security taxes be returned to the American people in personal savings accounts, the plan ensures that Social Security taxes will be used for Social Security.

I favor the abolition of all Social Security, Medicare and estate taxes. In their place, we should create a simple income tax system that has no deductions or credits at all.

Obama has demonstrated no desire to make tough choices. Americans demand a more efficient, effective government, but his budget calls for more taxes and more spending. It employs deceptive accounting gimmicks but does nothing to tackle long-term entitlement problems, nothing to save Medicare or fix Social Security.

The Republican promise is for policies that create economic growth. Republicans believe lower taxes, less regulation, balanced budgets, a solvent Social Security and Medicare will stimulate economic growth.

The curious thing is Americans don't mind individual mandates when they come in the form of payroll taxes to buy mandatory public insurance. In fact, that's the system we call Social Security and Medicare, and both are so popular politicians dare not touch them.

I don't know whether other people should or shouldn't pay taxes. I know I can, and I am willing, to pay more taxes. I know I should not get Social Security. I don't need it.

There is a way for the IRS to be able to have a double check to make sure individuals don't file on your Social Security number early and try to get a tax return and make it chaotic for you to file your own taxes. That's not been done.

Retired Americans living on Social Security, exempt from taxes because their income is modest, are not the problem.

Social Security may be the most beloved of all the government's programs, partly because it requires so little thinking. You pay taxes while you work, then you and your spouse collect until you die.

would listen with growing outrage as hypocritical and obtuse American senators made all these demands of Iraqi legislators and yet themselves could not even pass budgets or appropriations bills, not to mention deal with tough challenges like the budget deficit, Social Security, and entitlement reform.

There are legal Ponzi schemes and illegal Ponzi schemes. Social Security is a legal Ponzi scheme, as is the stock market.

but for most Americans, their highest tax is Social Security.

The number-one expense for most people is taxes. Many people think it's income tax, but for most Americans, their highest tax is Social Security. As an employee, it appears as if the Social Security tax combined with the Medicare tax rate is roughly 7.5 percent, but it's really 15 percent since the employer must match the Social Security amount. In essence, it is money the employer can't pay you.

SOCIAL SECURITY: A social welfare or social insurance program commonly funded through automatic payroll deductions to subsidize persons in their old age and with disabilities.

Social Security is obviously in trouble and can't be relied upon as a source for retirement.

disability as soon as possible. Consider getting help from a lawyer who specializes in Social Security Disability (see

Social security, bank account, and credit card numbers aren't just data. In the wrong hands they can wipe out someone's life savings, wreck their credit and cause financial ruin.

Should any political party attempt to abolish social security unemployment insurance and eliminate labor laws and farm programs you would not hear of that party again in our political history. There is a tiny splinter group of course that believes you can do these things. Among them are a few other Texas oil millionaires and an occasional politician or business man from other areas. Their number is negligible and they are stupid.

I will work with my colleagues on both sides of the aisle to preserve the Social Security promise that provides secure retirement benefits for all, especially those who are most at risk such as widows, orphans, and people with disabilities when the need arises.

This is my first term. I was told it was going to be an exciting term, and a lot of things would be done, and I cannot think about something more exciting than save Social Security.

I think it's very important not to confuse the importance of dealing with Social Security in the long term with these short-term deficit reduction challenges. They're different issues.

And in terms of entitlement reforms, we have to save them from themselves, because if we don't reform social security and we don't reform Medicare, they're going to actually implode.