@@jessicawalker9236 The facts are, since the Government can just Print money to use anyway They Want, there is No Need for Any Taxes! Taxes are set in place to give the Illusion that this Printed money has Value! Hey there is Never a budget crisis with Welfare payments!
You can either accept the lies you're being fed by Trump, Tuberville and right wing media and scream that you're a perpetual victim, or you can educate yourself and figure out that you're being told a bunch of lies.
Benefits would go to their surviving spouses and/or children under 18, or back into the system. It's not that hard to figure out how Social Security works if you're actually interested. You're surely not going to learn it from Tuberville, who is probably the dumbest U.S. Senator.
All the money is going to the illegals all of it! Left it's just creating a new voting pool because the Americans are fed up with their shit. Thats the only reason they opened the border. Anybody who believes any differently needs to wake the hell up!
@@bigboionabike5234 No he didn't. He's lying. The maximum personal contribution to Social Security for 2024 is barely over $10K because the income subject to SS taxes is capped. 30 years ago it was less than half that; the income cap subject to SS tax was $70-$80K. Tuberville wouldn't have paid $1 million in Social Security taxes if he had started working in the 1930's when the program was started.
Social security is for the elderly and the disabled they are not supposed to work. People on social security get 1000 or less. Good for you that you got 3000😡🤬
What needs to be learned from this video is to do all you can, however you can, to match what’s being taken out of your check for social security and put it into the market.
I Agree 100% there should be NO Federal tax on Social Security, BUT, what about Money taken out of ones pay check for 40 years, and They Never collect one penny of Their Social Security,, and DIES, and ALL of that Money GOES WHERE?????? I worked on the railroad my entire career, My Wonderful loving wife worked for ATT for 40 years, She died before collecting ANY of Her SS, and When I inquired about HER SS, They told Me I could Not receive ANY of HER money since I made TO MUCH ON my railroad pension?????? The MONEY taken out of my wife's pay checks for 40 Years, WHERE does this money GO TO, If Not the Heirs???????? This is nothing but THEFT. Her money should go to Her Heirs, And I am NOT saying with ANY interest, Just the Money taken out! Our Government is a THEIF!!!!!!!
Teachers in your state live on 2000-3000 dollars a month that are trying to raise families on that. So you admit that you can't live on that amount of money? Do our teachers in Alabama not deserve better?
You’re asking the right questions Senator. Thank you. Unfortunately, I have zero confidence that the relevant politicians will do anything other than try to figure out how to stay in power. They are not interested in solving the common man’s problems. There’s no profit in it.
I have a workers comp trust and am unable to work anymore. After making the company, I worked for millions of dollars. I get $323 a week before they take out 20% for the lawyer. I have an autistic child and don't get a damn thing from the state except a minimal caretaker health benefit. No food stamps and will never get a cost if living increase. But if I was an illegal immigrant I would get $2,500 for myself and the same for my son. Talk about bullshit. Let these assholes in congress that are spending our money like that try to live on what I get a month. Approximately $1,000 a month and raise a child while doing it and no other saving while doing it either. F*ck the whole damn buch that couldn't make it.
Tommy Tuberville is the guy who collected severance packages totaling $15 million not to work when he was fired from Auburn, Texas Tech and the University of Cincinnati. Then he voted against extending Covid relief for a few months, saying people shouldn't get used to getting paid for not working. Between his jobs at Texas Tech and Cincinnati, he settled a lawsuit where investors in a hedge fund he was helping to manage said they had been defrauded out of $1.7 million. He's a real friend of the working man. The idea of somebody as dumb as Tuberville trying to manage a hedge fund is hilarious.
So can we put money into an investment account and not pay as Social Security at all? Why should we be forced to pay something that we’re never going to be able to collect?
Finally found someone smart. And someone that can add and subtract. I'm struggling and don't have a pennie at the end of the month paying meds. On a fixed income you have choices. By food or medicine. I'm divorced and have no one to help me when I'm broke. No children husband no one. Sad you get to this point and have to still worry about making ends meet with no one.And when are they going to take more. People need to step up. Want to know where their money is why it's going out and not coming in, and stop this.
I can live very comfortably in 3000 a month sir but I don't owe a penny for my home and auto and I probably will never see social security as I am only 57 and retired years ago
Have you looked at the Australian Superannuation system as a possible alternative? It's not perfect, but strikes a good balance between the public and private retirement systems. The majority of 401k plans in the US are too loosely regulated and expensive (fees) to provide a secure retirement for most people.
If there hadn't been a cap on earnings subject to Social Security, Tuberville wouldn't be lying about paying $1 million into Social Security. He couldn't have paid more than $300K or so into the system based on annual caps. It's basic math, 6.2% times the income cap amount for every year he worked. The maximum for 2024 is barely over $10K, which would mean even at this year's number it would take almost 100 years to pay $1 million into Social Security as he's claiming.
WHAT HE DOESN'T UNDERSTAND IS THAT WHILE YOU ARE WORKING IS A TAX BUT IT PAYS YOU WHEN YOU RETIRE. SO IT IS NOT A TAX IT IS A RETIREMENT! WELL TOOBERVILE YOU NEED TO FIX IT. THATS WHAT YOU WERE ELECTED FOR!
Where do you plan on having all these so called homeless people going to live because vast majority of these people are on social security and can't afford anything.
i live on $2100 a month from my pension quite comfortably so it's definitely possible i retired three years ago the main point in retirement is to pay off as much of your big expenses before you retire and get rid of all but two of your credit cards in case of emergency
This ignorant lawmaker does not know the law. People on social security only pay federal taxes if they have a paying job in addition to their monthly SS benefits.
A guy who doesn't know what IVF is all about will probably not know anything about Social Security. Ah the people Alabama are not the brightest so the best that they can come up with is this guy.
Well first, living off of less or at, $2-3 thousand a month IS possible. And social security is not a part of the federal income budgeting. Social security has always been separate and apart from the national budget.
The government needs to stop spending money on government aid to other countries, do not give social security to people who have not paid into it ,stop giving aid to all the illegals and pay the people who have paid in their whole life
Alabama is not a good place for Space Command. Tubby doesn't know anything about orbital mechanics and weather patterns in southeast. Also, Alabama ranks 45th in education. Tubberville should stop crying and complaining and work to improve education and quality of life for the residents of Alabama. He doesn't even live in Alabama he lives in Florida. This is what happens when you let coaches with degrees in physical Ed and never served in the military assume the responsibility of a us senator. And yes he put our military readiness in danger and has proven he is reckless. I say to the people of Alabama "you get what deserve when you elect radical Republicans. Government and corporations will not invest in Alabama and the citizens will pay the price. The only business that come to your state is corporations like Monsanto, who made Anniston, AL a Superfund site, killing your people and your elected officials allowing it and profiting from Monsanto." Tubberville and Britt need to address discrepancies in Alabama before they complain about not getting dod contracts. Any state that has low quality of life for it's residents should never be considered for investment. Alabama Vote blue because voting republican red has not benefited your residents. Good luck😢
The last time I was in Venezuela children were making trinkets out of the worthless currency selling it to foreigners so they could purchase food. Some people don't think it will happen here.
So I remember all the hype of that putting your retirement money in a 401(k) that was banked on the market… Up or down … Which, somehow it always ate up more money than it gained you ..And then the yearly deduction of all the fees… So, when you get ready to retire, you knew how much money you had invested in that 401(k), but that is not nearly what you got back when you retired…. And everyone was told the same thing…. “ Well You know how the market goes”.
It's depressing the level of ignorance, illiteracy, hate and bigotry in our country. How can this be in this global, connected world we live in? Tuberville is in the dark ages with 2 brain cells....the epitome of a good 'ol boy.
This is just another reason these politicians are such hated worms.
Stop stealing my money , I already paid taxes on this money ur killing us.
They’re already trying to adjust the retirement age to 69 or 70. Hell, there is no reason for me to save money if I won’t be around to enjoy.
@@jessicawalker9236 The facts are, since the Government can just Print money to use anyway They Want, there is No Need for Any Taxes! Taxes are set in place to give the Illusion that this Printed money has Value! Hey there is Never a budget crisis with Welfare payments!
You can either accept the lies you're being fed by Trump, Tuberville and right wing media and scream that you're a perpetual victim, or you can educate yourself and figure out that you're being told a bunch of lies.
All the million people that died from COVID paid into it. What happened to that money??? Quit borrowing from it and never paying it back!!!
Benefits would go to their surviving spouses and/or children under 18, or back into the system. It's not that hard to figure out how Social Security works if you're actually interested. You're surely not going to learn it from Tuberville, who is probably the dumbest U.S. Senator.
All the money is going to the illegals all of it! Left it's just creating a new voting pool because the Americans are fed up with their shit. Thats the only reason they opened the border. Anybody who believes any differently needs to wake the hell up!
@@Don-md6wn THANK YOU! He's such an idiot. I can't believe a word he says.
@@Don-md6wn And the people with no spouses or children?
Social Security tax limit should be removed, $168,000 is middle class these days.
Yes smh.
That's all they have to do to extend Social Security out for decades.
I live on SS at $1360 a month. I WISH I made $3000 a month.
He contributed over a million dollars. $3,000 a month isn’t a good return.
@@bigboionabike5234 No he didn't. He's lying. The maximum personal contribution to Social Security for 2024 is barely over $10K because the income subject to SS taxes is capped. 30 years ago it was less than half that; the income cap subject to SS tax was $70-$80K. Tuberville wouldn't have paid $1 million in Social Security taxes if he had started working in the 1930's when the program was started.
How about $963.00 a month and it would be lower without my state medicaid.
Social security is for the elderly and the disabled they are not supposed to work. People on social security get 1000 or less. Good for you that you got 3000😡🤬
During Tuberville’s comment period, he said “there’s nobody more military up here than me.”
Tuberville has never served in the military.
What needs to be learned
from this video is to do all you can, however you can, to match what’s being taken out of your check for social security and put it into the market.
I Agree 100% there should be NO Federal tax on Social Security, BUT, what about Money taken out of ones pay check for 40 years, and They Never collect one penny of Their Social Security,, and DIES, and ALL of that Money GOES WHERE?????? I worked on the railroad my entire career, My Wonderful loving wife worked for ATT for 40 years, She died before collecting ANY of Her SS, and When I inquired about HER SS, They told Me I could Not receive ANY of HER money since I made TO MUCH ON my railroad pension?????? The MONEY taken out of my wife's pay checks for 40 Years, WHERE does this money GO TO, If Not the Heirs???????? This is nothing but THEFT. Her money should go to Her Heirs, And I am NOT saying with ANY interest, Just the Money taken out! Our Government is a THEIF!!!!!!!
Unfunded liabilities should be discussed.
Teachers in your state live on 2000-3000 dollars a month that are trying to raise families on that. So you admit that you can't live on that amount of money? Do our teachers in Alabama not deserve better?
Women's don't need a man z indefinitely and women's are the strongest independent women z indefinitely
Thanks for speaking up for Americans and us in Alabama.
Tuberville doesn't speak up for anybody but himself and his rich pals. He doesn't even live in Alabama.
We never could save like our parents did.
But the government is saving it for you.
What the hell I thought Republicans wanted to get rid of Social Security
No. Democrats do. They stole $700 billion from Medicare to fund Obamacare.
Stop drinking the Media Kool-aid. Democrats are the problem
thank you!
I'm on disability
I wish I wasn't.........
We need to stop giving it to children who parents are supposed to support. They made them they should support them.
Great speech!!!
AT LEAST index the limit on which our SS taxes begin. Double it and then index it to inflation. This is criminal.
You’re asking the right questions Senator. Thank you. Unfortunately, I have zero confidence that the relevant politicians will do anything other than try to figure out how to stay in power. They are not interested in solving the common man’s problems. There’s no profit in it.
I have a workers comp trust and am unable to work anymore. After making the company, I worked for millions of dollars. I get $323 a week before they take out 20% for the lawyer. I have an autistic child and don't get a damn thing from the state except a minimal caretaker health benefit. No food stamps and will never get a cost if living increase. But if I was an illegal immigrant I would get $2,500 for myself and the same for my son. Talk about bullshit. Let these assholes in congress that are spending our money like that try to live on what I get a month. Approximately $1,000 a month and raise a child while doing it and no other saving while doing it either. F*ck the whole damn buch that couldn't make it.
Why do they never talk about Welfare running out? Why do they keep giving to Foreign Aid? Why do they keep funding Ukraine?
If you put in 401K why tax social security? These thieves or how about you can’t use money taxed for anything but saving & benefits.
I verty much doubt if Tubberville has a grip on this.
They're both right but shut up and get to work and get it fixed
Planned obsolescence and the military industrial complex. That's where all our money has gone.
Tommy Tuberville is the guy who collected severance packages totaling $15 million not to work when he was fired from Auburn, Texas Tech and the University of Cincinnati. Then he voted against extending Covid relief for a few months, saying people shouldn't get used to getting paid for not working. Between his jobs at Texas Tech and Cincinnati, he settled a lawsuit where investors in a hedge fund he was helping to manage said they had been defrauded out of $1.7 million. He's a real friend of the working man. The idea of somebody as dumb as Tuberville trying to manage a hedge fund is hilarious.
How do you figure I am paying 12% of my income towards FICA?
Sen. Tuberville gets $3000/month from Social Security.
Tuberville is insane.
SS under 2,000 a month is not taxed.
I pay 10% federal taxes each month on my social security 😢
@@waltertaffs1737 why?
@danmarty6765 because I m married combine income
How about paying me everything that I put in with a 5% interest. I will be happy to opt out.
So can we put money into an investment account and not pay as Social Security at all? Why should we be forced to pay something that we’re never going to be able to collect?
WELL YOU WERE THE ONES THAT WERE IN CHARGE!
Finally found someone smart. And someone that can add and subtract. I'm struggling and don't have a pennie at the end of the month paying meds. On a fixed income you have choices. By food or medicine. I'm divorced and have no one to help me when I'm broke. No children husband no one. Sad you get to this point and have to still worry about making ends meet with no one.And when are they going to take more.
People need to step up. Want to know where their money is why it's going out and not coming in, and stop this.
FICA is federal insurance supposed to be guaranteed to retirees by the govt
Good now make it no taxiing social security for it used to be get it done now or at your jobs at risk
Frickin smartest man in the room.
LOL. He's probably the dumbest U.S. Senator.
Tuberville stop making things up
What did he say that wasn't true.
and where are your constituents?
I can live very comfortably in 3000 a month sir but I don't owe a penny for my home and auto and I probably will never see social security as I am only 57 and retired years ago
Same here but I didn’t contribute over a million dollars like Tubberville did.
Have you looked at the Australian Superannuation system as a possible alternative? It's not perfect, but strikes a good balance between the public and private retirement systems. The majority of 401k plans in the US are too loosely regulated and expensive (fees) to provide a secure retirement for most people.
Remove the CAP on the Social Security tax and funding will quadruple. Problem solved. Your welcome!
If there hadn't been a cap on earnings subject to Social Security, Tuberville wouldn't be lying about paying $1 million into Social Security. He couldn't have paid more than $300K or so into the system based on annual caps. It's basic math, 6.2% times the income cap amount for every year he worked. The maximum for 2024 is barely over $10K, which would mean even at this year's number it would take almost 100 years to pay $1 million into Social Security as he's claiming.
WHAT HE DOESN'T UNDERSTAND IS THAT WHILE YOU ARE WORKING IS A TAX BUT IT PAYS YOU WHEN YOU RETIRE. SO IT IS NOT A TAX IT IS A RETIREMENT! WELL TOOBERVILE YOU NEED TO FIX IT. THATS WHAT YOU WERE ELECTED FOR!
Tubberville also will get another pension when he is voted out of office.
Where do you plan on having all these so called homeless people going to live because vast majority of these people are on social security and can't afford anything.
i live on $2100 a month from my pension quite comfortably so it's definitely possible i retired three years ago the main point in retirement is to pay off as much of your big expenses before you retire and get rid of all but two of your credit cards in case of emergency
This ignorant lawmaker does not know the law. People on social security only pay federal taxes if they have a paying job in addition to their monthly SS benefits.
A guy who doesn't know what IVF is all about will probably not know anything about Social Security. Ah the people Alabama are not the brightest so the best that they can come up with is this guy.
and that they complaining why were not having kids lol
Scrap the CAP.
I would nt see any thing rong to 10% sales tax all fifty states.to save ssa .....
Well first, living off of less or at, $2-3 thousand a month IS possible. And social security is not a part of the federal income budgeting. Social security has always been separate and apart from the national budget.
Where's Tommy coming from because this just bewilders me?
you have made a ton of money off insider trading so what are you worried about....
What is Miss Jender's first name? Can't find her online. Thanks
Her name is Rachel Greszler and is a Senior Fellow at the Heritage Foundation.
Thank you Sen. Tuberville for talking about this issue.
Wowee Shazam
The government needs to stop spending money on government aid to other countries, do not give social security to people who have not paid into it ,stop giving aid to all the illegals and pay the people who have paid in their whole life
Alabama is not a good place for Space Command. Tubby doesn't know anything about orbital mechanics and weather patterns in southeast. Also, Alabama ranks 45th in education. Tubberville should stop crying and complaining and work to improve education and quality of life for the residents of Alabama. He doesn't even live in Alabama he lives in Florida. This is what happens when you let coaches with degrees in physical Ed and never served in the military assume the responsibility of a us senator. And yes he put our military readiness in danger and has proven he is reckless. I say to the people of Alabama "you get what deserve when you elect radical Republicans. Government and corporations will not invest in Alabama and the citizens will pay the price. The only business that come to your state is corporations like Monsanto, who made Anniston, AL a Superfund site, killing your people and your elected officials allowing it and profiting from Monsanto." Tubberville and Britt need to address discrepancies in Alabama before they complain about not getting dod contracts. Any state that has low quality of life for it's residents should never be considered for investment. Alabama Vote blue because voting republican red has not benefited your residents. Good luck😢
too bad you dont have the balls to say this ignorant stuff within arms reach of me.
I'm glad to see my senator involved with this issue. Congress needs to keep their hands organized this, our money!
The last time I was in Venezuela children were making trinkets out of the worthless currency selling it to foreigners so they could purchase food. Some people don't think it will happen here.
some people say .i hear trump whining about every thing .Fuck the wall ,work on the deficit.Tax breaks for the wealthy added7 trillion to the debt.
So I remember all the hype of that putting your retirement money in a 401(k) that was banked on the market… Up or down … Which, somehow it always ate up more money than it gained you ..And then the yearly deduction of all the fees… So, when you get ready to retire, you knew how much money you had invested in that 401(k), but that is not nearly what you got back when you retired…. And everyone was told the same thing…. “ Well You know how the market goes”.
Remove the cap on Social Security.
The solution is to get Biden out of office
Why?
Oh please, the Repubs want to get rid of it altogether,. .read up on it!
YEP!
@@Kawtoyota1645 Because your money is worth less now and your Country is less safe.
@@Jim-MT Any original thoughts, or do all your thoughts come from Faux News. Try to get educated so you don't look so ignorant when you comment.
This man is a disgrace to the nation. Vote him out.
Dumb 🤡
What hes saying is true. 34 trillion in debt and climbing.
U r a tyrant just like ur dear leader
It's depressing the level of ignorance, illiteracy, hate and bigotry in our country. How can this be in this global, connected world we live in? Tuberville is in the dark ages with 2 brain cells....the epitome of a good 'ol boy.
Meanwhile Biden hates our country and is doing everything in his power to destroy it.