Senator: Social Security Is UNFAIR To The Rich!
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- Опубліковано 19 вер 2024
- U.S. Sen. Ron Johnson seems to think his constituents don't understand the concept of social security, calling it a "nanny state" program at the Senate Budget Committee hearing called "Protecting Social Security for All: Making the Wealthy Pay Their Fair Share." Cenk Uygur and Ana Kasparian discuss on The Young Turks. shoptyt.com/co...
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"U.S. Sen. Ron Johnson came under fire Wednesday after the multimillionaire Wisconsin Republican asserted during a Senate hearing that Social Security-an economic lifeline for tens of millions of Americans who paid into the system throughout their working lives-unfairly takes from wealthier people to support lower-income retirees.
Speaking during the Senate Budget Committee hearing-entitled Protecting Social Security for All: Making the Wealthy Pay Their Fair Share-Johnson said that his Wisconsin constituents "have a basic misconception about Social Security.""
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230713__TA02_Sen_Johnson
It's always hilariously sad to hear rich people talk about "fairness" when they're usually the first to yell "life's not fair!"
Huh? Rich people employ an industry devoted to helping them pay little to no taxes. These Republicans are an embarrassment...🤦♂️
I like the fossilized fuel driving through OK. Where the waving wheat is Not so Sweet
I feel like...22..and India 🥫 take care of its little self
Dear Wisconsin voters, you must be sooo proud of your elected official. He is working hard to ensure a better life for those he represents. At least those who donate millions to his campaign.
Fire him! Take away his rich entitlements.
I don't know WHY anyone would vote Republican!!
they are manipulated by racism and religion. and it makes them feel better about being stupid
Gotta support your team no matter what. It was always tribal but in recent years its gone to extreme levels.
I'm guessing it has a lot to do with hatred & a redhat 🧐🤷🏼♂️
More jobs available and lower cost of living when a republican is in office. I don’t much care for either party. I think they spend to much time fighting each other. Who you vote for is your business, no judgment.
@@MrFukolta I agree with that..
As a Wisconsin voter, 50 and older, and someone whose husband is a firefighter and not even eligible for social security, the social security program should be and needs to be protected. Shame on Sen Johnson! 🤮🤯🥺😳🤬
Hope your husband (I'm assuming he's relatively close in age to yourself) is able to retire soon. That's a physically demanding job, especially when the years stack on.
Johnson and Jordan should be in handcuffs. Despicable.!
It's obvious they have no shame or conscious!... Their draconian policies are proof!
Retirement for fire fighters is better than social security payment. They have their own form of social security my brother is better off than I am on social security
@@user-tr8tb7pk5g You mean pension?
The real problem here is not so much as this Senator alone, the problem is the people who votes these clowns in every election cycle.
Hell yeah stop voting for these clowns 🤡
The crazy thing is that they’re voting for the crap that they are complaining about. They have been convinced that they could be millionaires someday, not realizing that these charlatans are selling them a smoke screen.
Red states recognize a gravy train and go along for the ride. Let’s try a ten year experiment where you get back what you put in. I can hardly wait to ride the Chicago-St.Louis high speed subway.
A list of the "everyday Americans" that have benefitted from Trump's "middle class" tax cuts: Amazon : $10.8 billion, Delta Air Lines: $5 billion, Chevron : $4.5 billion, General Motors : $4.3 billion, EOG Resources : $4 billion, Occidental Petroleum : $3.4 billion, Duke Energy : $3 billion, Dominion Resources : $3 billion, Honeywell International : $2.8 billion, Deere: $2.2 billion, American Electric Power : $1.9 billion, Kinder Morgan : $1.8 billion, Public Service Enterprise Group : $1.8 billion, Principal Financial : $1.6 billion, FirstEnergy : $1.5 billion, Prudential Financial : $1.4 billion, Xcel Energy : $1.4 billion, PulteGroup : $1.3 billion, Molson Coors : $1.3 billion, Devon Energy : $1.3 billion, Pioneer Natural Resources : $1.3 billion, DTE Energy : $1.2 billion, Wisconsin Energy : $1.1 billion, PPL: $1.1 billion, Halliburton: $1.1 billion, Ameren: $1 billion. But think of the quadrillions of magical trickle-down these campaign donors have created! But we can all agree that if ANY of these companies paid a dime in taxes, we would be just another failed socialist death camp right? I'm sure it's just a coincidence that GM announced the construction of a new 4.6-billion-dollar plant in Brazil to produce the same vehicles it used to produce in the USA only two weeks after closing their US plants right?
I think there was something nefarious in the last election, Johnson’s approval rating was 16%, how did he win?!?! It was more than just gerrymandering. Republicans are all crooked. You know how the scream it was a rigged election? Well the ones yelling are generally the ones who are guilty of what they are yelling about. I think Dems need a backbone snd investigate how Johnson won. It was statistically impossible.
Ron Johnson may be the most obnoxious jerk in Congress, and that's saying something. What arrogance.
He, he is entitled to keep the money he married into, right?
Lacking empathy being corrupt and greedy is a prerequisite for being a Republican
You forgot about the blind faith in Miss information
And why do so many of them "Claim" they are "Religious"... Um.. Seriously. You should have a lightning bolt hit you NOW. XD
In my neck of the woods we call them Suckers
@@edwardroche2480 Yep, so many dumb republican voters who can't see that the GOP only cares about the rich folks. But they vote for them any way because of gay marriage, abortion or some other stupid reason. They are voting against their own best interests and when they get screwed by their decisions the first thing they do is deflect and blame the democrats. It's infuriating.
💯 percent. Poor folks vote for the wealthy in Congress. I will never understand that.
Luckily the rich can always count on GOP to protect and serve them.
& sadly the poorest whites keep voting for those born into wealth (Dubya Jr) Romney & Drumpf. In Milwaukee; Blacks voted for Sheriff David Clark who denounces blacks & Democrats- yet he always ran as a democrat * few rightwingers know this LOL! my people voted for his skin color not his actions...damn. Sorry for the rant Kristi, it is sad all the way around.
After the civil war the republican party became the party of the rich, because many were rich in the first place when the party was started .
Who are Rich.. come on?.Thanks
An absolute humiliation and embarrassment to the state of WI and also to our Nation. How this person got re-elected is beyond me. I’m one Wisconsinite who is disgusted by his words. He specializes in insulting the intelligence of others.
Gerrymandering that’s how he keeps getting elected gerrymandering
@@dwl2383 we have the same gerrymandering issues in NC. This senator is filthy rich and why he wins.
I'm confused on that myself. Most of Wisconsin can't stand him
@@dwl2383 No doubt gerrymandering is rampant, but it does not affect a state wide election. I think there are just a lot of people will never bring themselves to vote for a candidate with a (D) next to their name, no matter how bad the (R) candidate is.
@franvarga709 it's not just rampant. It's one of the worst cases of gerrymandering in the country and is the reason repubs control both legislative bodies and have for years.
Many Americans are not paying attention and keep voting these politicians back into office.
REPUBLICANS PAY BACK THE "LOAN" YOU TOOK FROM SOCIAL SECURITY DECADES AGO! NOW!!!!!
I don't think people would understand how screwed America would be if they stopped social security. I used to work with retired people, and so many of them rely on social security to survive.
I am a widow who wasn't allowed to draw survivor benefits because of my own income from still working, even though I went from two incomes to one, but when I do draw SS, it will only be mine or his. No matter what, the government will either get all of mine or all of his.
This guy is scum just a complete
Scumbag pure greed and evil resign
Housing, food, water, education, and healthcare are human rights and should always be free
Affordable ,not free
Well tax breaks and corporate bailouts are unfair to the poor.
I hope Johnson is voted out. He has no business being in congress
What sucks is that some misinformed fellow citizens made a huge mistake voting for skellator...few more years of this gold digger.
Unfortunately, the jerk was reelected for a 3rd term last year. The only reason I can think why his Democrat opponent was not elected was by racist people in Wisconsin to vote for corrupt Ronnie boy.
And they get more welfare than anyone else. Corporate welfare is out of control.
Ron Johnson insults his constituents. Calls them stupid. Constituents prove his point by voting him in and others like him.
"If you're in a low income group, you're getting a lot more than you invested in.", says the rich guy.
Stop electing the über wealthy, they care more for their bottom lines then they do for the bottom citizens.
Tax the über wealthy and their corporations.
Pay disposable wages, not subsistence wages.
Those poor poor wealthy ppl 😢. I shed a tear for them.
I paid 48% of my income but if you have millions and pay 8% you never feel it because you still saved 40%
We experienced the peak of our era, and now it is gone. Recession is tanking everything including 401K. My retirement equities portfolio of $750K is in the reds. I keep losing because of inflation. This world will fall to the corrupt rulers in the same way that Rome did. I'm sorry if you're thinking about retiring and you're worried that your pension won't be enough to meet the rising cost of living. Horrible foreign policies everywhere, bad regulatory policy, bad fiscal policy, and bad energy policy.
For retirees and those close to retirement, I believe it's particularly challenging. All those years of labor only to lose it all to a problem you weren't responsible for, my regrets to everyone retiring during this time.
After the pandemic, things became extremely difficult, which is precisely when I sought a Financial advisor. I've been investing with the help of my FA for nearly 3 years and have built up a stagnant reserve of $280K to $570K in just over 24 months.
@tudorrwilson ‘’JULIE ANNE HOOVER’’ is my adviser and she is highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Inflation has lowered to it's new low, it will continue to lower, if you're losing on your 401K you need to reinvest and stay on top of your investments. Stop wringing your hands and whining that it's someone's fault other than your own. My 401 hasn't been bothered at all and has actually made me money every quarter. But I stay on top of my money and move it around. I never let sit idle and stagnant.
Money is all yall care about. It doesn't matter, that were being attacked by Republicans in the guise of Americans who are actually in league with , COMMUNIST RUSSIA. WTF IS HAPPENING TO OUR COUNTRY? WHY ARE WE CATERING TO REPUBLICANS? WHY ARE WE ALLOWING THESE TRAITORS TO DESTROY AMERICA FROM THE INSIDE? Let's call a communist a communist. President Biden, executive order, a GAG ORDER ON ANTI AMERICAN SPEECH. PRISON FOR ANYONE SUPPORTING PUTIN , or SUPPORTING THE INSURRECTIONIST.
I remember when Congressional Republicans said that they wouldn't be attacking Social Security. What was that, like 3 months ago? What a short memory on their part.
That was this years.State of the Union!!!. Remember the insanity when President Biden exposed them!?!?!?
No short memory. Liars always. Even in the face of video. Liars, thieves and gutless wonders. They do not care. They can not be shamed. Greedy bastards to the core. They are not being efficiantly held to account and see that justice delayed is justice denied while they block voting rights, gerrymander effective cheat, lie, steal and terrorize anyone in their way. Give them this kind of time they figure they will rule the country and by doing that, rule the world.
Everyone knew they were just lying because Biden put them on the spot. That's why it was so funny. "Ole Slow Witted Joe" suckered them right into that one and they never saw it coming.
Has nothing to do with their memory that was their plan all along,even when they said that!!
@@biggbird897 Exactly, every penny to the safety net is a penny less for "WELFARE" for the greedy rich!!!
Senator Ron Johnson is an embarrassment to the American people. Vote him out!!
Believe me, I tried vote this traitor out!!!
Sadly, he just won re-election to the Senate. We have to put up with this parasite for another five and a half years
The whisper king isn't much better.
Yes I tryed to tell everyone, they think they are going to get rid of us senior citizens
Who are these people in Wisconsin who keep sending Ron Johnson to congress to represent them?... are these people insane?
Ron Johnson is a perfect example of why no one should ever vote for Republican.
🇺🇸 🇺🇸 VOTE BLUE 🇺🇸 🇺🇸
As a lifelong Cheese head I am disgusted with Ron Johnson, he is an embarrassment to our state. Ron Johnson, the American Senator that once spent 4th of July in Moscow.
This POS talks rubbish. Oh, poor little rich people ----.my heart goes out to your pain -- not!
If They win in 24 we will be prisoner's.thank about that.trump is evil
Stop sending rich, greedy men who is protecting donors to Congress. Give them time limits.
Time limit on how long it takes them to get out of town. Outright corrupt politicians and judges should be booted out of the country. Public servants who violate the constitution are the worst.
Tell the clowns who worship Trump to stop voting for these puppets to the 1%. They just sit in congress and vote purely in favor of the rich and don't give a damn about the millions of middle and lower class people that voted for them. And the republican voters just blame the Democrats for all the stuff the GOP ruins.
Johnson is who this country doesn't need. Vote blue.
What a self-serving politician.
We feel the same about taxes….the rich don’t pay their share of taxes …they make soooo much more but pay a lower percentage than the average American
My 80 year old parents would be homeless without their Social Security- I am disabled and I would be homeless without my parents help and my Social Security.
The disparity of wealth in the country has become so extreme that without change- I fear in the future I would be better off putting a bullet in my brain then keep on living.
Nobody talks about what would happen to the millions that are on Social Security, if Social Security went away
So that means all politicians should lose their pension and benefits once they leave office. They should prove that they are leaders and set the example first.
Sadly that would not hurt them. The helped so many corporate goons an have such a large network that they’ll get good paying board or lobbying positions.
*lose
@@undrwatropium3724 appreciated. Thankyou
@@Mortimer992 they will do better then that because they already gotten rich just for working in congress. We all know it came from the backs of the poor working for the rich
Good video, pointing out how Republican Senator is WRONG about social security!
I was taught growing up that our representatives actually represented us, not hold the position and do whatever they want. What a rude awakening, thinking we had a democracy, when its all a lie.
I can't get over this... Republicans have dug into social security already too... he just keeps putting his foot in his mouth....
Both parties have been in our social security fund and never pay it back. Clear back in the 1960s so with interest on what they have stolen it could never go broke. It's not an entitlement payment we all have paid into that interest baring account
@@user-tr8tb7pk5g Are you a bot Bullshitter?
@@user-tr8tb7pk5gBoth parties? NO, ONLY REPUBLIKKKANS 🤢🤮
Remember, the President told us the GOP was coming for Social Security and Medicare. All the GOP congress laughed.
The very same rich who won’t pay people enough to save for their own security when they’re working. Not to mention he just called his constituents incompetent and ignorant. When you cut social security that is literally the soul source of income of numerous retired, what happens when we make them destitute?
Vote him OUT Wisconsin. They have no loyalty to you or your families.
Any income above and beyond $142,800 isn't subject to additional FICA taxes.
Sen. Johnson, you're a liar!
They don't read but rather LIE to make a point in their favor. Vote blue 💙 to get this garbage out!!!
They never want to talk about WHY Social Security was put in place to begin with.
Once I hear the term "nanny state", I know I'm listening to a fanatic. Vote him out.
I know people who get less than $1000 a month from Social Security. Those poor rich people are so mistreated.
social security is nothing to the rich , its everything to a 85 year old Lady
The Republican solution to any problem always seems to involve giving rich people more money or lowering their taxes which is essentially the same thing,
Everybody knows the biggest problem facing the nation is that the rich don't have enough money.
I weep openly for the billionaires collecting social security.
Workers have paid into that program all of there lives., no one has given us anything.
Republicans refer to it as an "entitlement" intending a negative connotation but the American people _are_ *entitled* to it because it's literally their own money.
They would prefer to spend their (little) taxes on prisons and police than any kind of assistance for people.
My grandmother turns 81 this year. She lived her entire life in the low-income tax bracket, always hovering above or below the poverty line. She was 1 of 7 children, born during during WW2 while her father was drafted in 1942. Throughout her life, she was never able to save for retirement, but she worked as a school bus driver, pre-school teacher and in the Foster Care system, paying her due share of taxes every year (including SS). She's currently medically disabled, and as I said she'll soon be 81 years old. She quite literally depends on social security to pay for rent (which was also a negotiated priced of $780/month) and only has about 60$ leftover to buy food and medication. Luckily, my mom lives down the street from her and is able to bring her groceries and help with medication costs. My mom is also a school bus driver and also works a 2nd job at the county community center year-round-- she too pays her due share of taxes. Human beings like Ron Johnson don't give a damn about people like my family- or those who are far worse off. Meanwhile, this shell of a man wears a suit & tie, flying on a private plane form Wisconsin to D.C., just to argue that people receiving Social Security benefits is unfair to the wealthy. Stop giving individuals like Ron Johnson the power to take a way the ability for people to quite literally survive. Regardless of party or creed, could we at least agree not to continue giving these people that kind of power?
These Republicans have never cared about anybody, except their own wallets. Republicans have always screwed up our country. I personally will never ever vote Republican.
Millionaires complaining about paying too much in taxes should be laughed at.
Anyone who takes their concerns seriously is not serious.
Johnson just doesn’t care, now think about it, here’s a guy that probably, I say probably, is paid by the billionaires that don’t pay their far share in taxes. Now let’s change the laws so these representatives who we voted in to help us, can’t be paid off by the rich, billionaires and corporations who control manufacturing, energy, food production, communications, water supply and even the service sectors. Break up the monopolies, that will help control pricing and profits.
Jerk! He’s crying because some rich person can’t buy penthouses in a few major cities while some senior citizens are worried if they can afford their medications or food? Jerk!
Why would a fake elector even have a say about anything.
Next they'll complain that since their kids go to private schools and they have private security firms, that it's not fair they have to pay into taxes for public schools and police departments.
Never has there been a time when our votes were more important. The very richest of Americans need to pay their fair share, the American need to stick together on this one and vote for Bieden and all democrats right down the line to keep our country and democracy moving forward 👍.
I 👍 agree 💯 percent with you .
The Communist Republicans will not vote for anybody but Trump that's reason why we need to run them out of the country like the Nazis that they are that's also the reason why Trump didn't do anything to help ukrainians out when Russia moved in and took their land cuz he's married to a Russian and is Russian
Senator Johnson, you don't know what you are talking about. The "rich" are not paying for my Social Security. I did that for working for 50 years. But since the rich are paying for Social Security, then why can't I live on what I am receiving? Surely the "rich" can pay a little more, or is it the same excuse for not paying a "livable wage" for people. The "rich" seem in control of the economy and things cost far too much now. This has to reach a point no one will be able to buy the things the rich make us buy to live. Henry Ford has "The Better Idea" when he priced the Model T at a cost that his workers could afford. But I suppose that this sort of common sense approach is to archaic in the 21st Century, led by the Harvard Business Model Masterminds running things now.
I just want the wealthy to pay their FAIR share; why is that too much?
Johnson is sick,how can ANYONE have voted for this guy.?
No one ever thought that a rich person NEEDED Social Security. They're RICH! They're already secure.
SS is not welfare
The greed in this country is absolutely disgusting.
Christian nation but the love of 💸💸💸💸💸💰🤑
Progressives are greedy parasites, so I agree.
Yes, but it is baked into the cake...reason for slavery...and it just keeps morphing into something else.
And the feelings of entitlement and superiority
Sen. Johnson is complaining loudly that the poor are too rich.
And the rich aren’t richer.
Do you really think a Senator making that much money has his state's best interest in mind....
Voters need to hear this in advertisements so that they see that Republicans want to dismantle social security so vote for candidates that protect social security
Thank you, Wisconsin Voters for this ill-conceived Ron Johnson vote!
He only won his last election by 20,000 votes. Maybe we’ll get him out next time.🤞🏻
I'm happy to say I'm in the 49.5% of Wisconsin voters that did not vote for this clown.
This ron guy doesn't hear what he says - social (society). Security (safety concerning money while living after retirement). Each of us has paid into ssi (social security insurance) and medicare from every paycheck we've ever had Time you get a job ron. We've paid our entire lives and you have taken our money and have done god knows what with our money. Now you want us to work until seventy and then fight to get what is ours.
Since Reagan they have given massive tax breaks to the rich that truly pay far less than those of us that have wages or taxable income.
Time to raise the rich taxes, so they can get their fair share of social security!
I know people who paid all their life and died before they got one cent.
That was my dad!
I am retired and on Social Security (and?) I am now a disabled senior. In Ron Johnson's eyes, I'm nothing but a middle class "useless eater" - D_ _ _ th to Ron Johnson
Reprehensible....
@@JeanGillespie-fp7rs *Nauseating* is a better word for Ronny Assfuck
INANE Johnson. Thank you, Wisconsinites.
Ron Johnson, is probably the most ingnorant politician that doesn't speak with a southern twang.
Hopefully he will be voted out by the seniors!
I am amazed that the republican base, many of whom depend on social security and other government programs--- consistently vote for people who want to destroy these programs!
Because Democrats will pick up their slack and they know it. Red states are the first to bitch about how much Democratic states spend AND the first to cry for help FROM BLUE STATES when something happens.
Because they are stupid
For GOP voters that aren't wealthy it's black and white
Hey they were saying that they are skipping there mortgage payments.they are sending to trump
When will the rich pay their fair share ? Why are they not the target ? Where the hell is Robin Hood?
Wisconsin should be ashamed for re-electing Ron Johnson last November.
Wisconsinites are a pack of drunken idiots. All you have to do is compare them to Minnesota and see how their red states has all the same resources and climate but is worse by every measurable matrix because of Republican policies.
Trust we are i voted for Barnes but 34 thousand in Milwaukee didn't vote so there we are with this idiot let's hope 4 years go fast with Janet on the bench we can stop gerrymandering and vote this fool out of office next time
Wait ..... what????
They stop paying at a certain cap already.
This guy should literally lose his voice.
Wait until he finds out about health insurance...
"It's like the sickest benefit the most!"
The Greed of the rich in the USA is shameful.
Sickening! But that's rich people in general (exceptions rare).
@@matlight9593 Rather than help the regular USA citizens they spend 4 billion on an embassy in africa and raise the retirement age and cut social security benefits Medicare and Medicaid benefits shame on Congress
Literally every democratic country in the world except ours has a social safety net set up for the elderly, sick, disabled, and those that have lost their jobs and do so proudly while we actually have people arguing against helping one another.
Senator Johnson, let's begin with where is our Social Security money that was stolen by Congress years ago? Yes, your answer is no answer. I believe you also said the government takes Social Security out of our tax money, which is not true. Taxes are removed from paychecks separately and then Social Security is taken from our paychecks. Many people die before collecting their Social Security payments; do their dependents inherit it - No! No one has the right to touch our Social Security funds but us. Here you are, a millionaire and a member of Congress, going on and on about our private Social Security accounts, as though they were Swiss Bank accounts. Please get out of my pockets.
This rich SOB should be swinging from a scaffold.
Okay, if it's soooooo unfair Johnson, YOU can be the poor person who gets social security and WE can be the rich ones. How's that?
Wonder how long the old bum could live on $900 a month?
Thank you. I'm on social security. His definition of us is crazy. I worked hard since I was 15. I am 65 .I worked since then. Being poor since I was 15 the money I made as I progressed also progressed. And the social security tax in my paycheck often made me not be able to pay my utility bill that month or pay it late cost me more than the social security tax. I worked up on the tax bracket in 50 years. But my family has suffered from my inability to make enough money to provide for them. I am not a bum. But after my last job in 2020 I make on social security I get 1800 a month. Which is great. Because if I didn't I would be one of those homeless people who UA-cam that every one either hates or feels sorry for.
social security must be protected and grown
I have contributed to social security for over 30 years now and am still paying. You want to stop social security, then pay back all the money you took from me, including interest for all the years.
So give us back the money WE paid in...
Remember Ron Johnson on stage on Jan 6th? He should be arrested for, inciting violence.
The fact that we have people who are that Rich tell you that our society is not fair. And it has never been fair.
How did Sen. Johnson get re-elected in 2022? It was the 2nd biggest disappointment of that election. The first biggest disappointment was losing the House by five seats because the GOP won six net gerrymandered seats.
The Wisconsin State Legislature is widely considered to be among, if not the most, gerrymandered state legislature in favor of Republicans in the nation.
Paying Social security tax is mandatory.
If I get more than I paid in, that is like any retirement investment .
It is not the taxpayers fault that the government uses the money to pay their bills.
And by the way,the richest don’t pay 40% of the income tax……
If Johnson thinks it's unfair and speaks for his electorate, take Social Security away from his constituents and see if he gets elected next term.
Says the guy who inherited a company.
From his wifes' family!
I made the mistake of moving to Wisconsin, thinking it would be cheaper to live here because it has been Republican run. They lied in reality it is more expensive than MN. I bought a small house, but I lost my job, developed chronic health problems, and also had to battle cancer. I am all alone so I had to go on social security. After I make my house payment, I have $500 to cover everything else for the month. My vehicle is no longer drivable, and I can't afford the repairs. My snowblower broke down two years ago, so I have to shovel about the equivalent of 1 1/2 city blocks, usually 1 to 3 feet deep. I am stranded out here in the country. I am 67 years old, and I am not able to get to the VA to see my doctor. I guess our senator thinks I am living the dream 😮
That's Wisconsin..no help for people.
Merry Christmas, Senator Scrooge. You're quite the crank, aren't you? I need to explain what Social Security is and how it works. Social Security is an Insurance Policy for elderly Americans. 20% of folks who contributed to it never receive it because they are dead by age 60. Scrooge, face it, you are among the fortunate, it's been sunshine and lollipops for you. No accidents, no combat injuries I trust, no cancer or heart disease. No diabetes (fingers crossed.) And that's what Social Security INSURANCE is about. It's a guarantee that if you worked (made in the USA) we're gonna give you a stipend to maintain your dignity as well as your neighbors dignity. I know you want that for those who built the skylines of our nation. You want THAT for those who constructed our schools, churches, and hospitals. You want that those who drive our 18 wheelers, build our cars and pickup trucks. Don't you want that for those who grow and cook your food? Of course, you do.😊😊😢
I don’t know why Ron Johnson is worried about Social Security. I live on $24,000 a year from Social Security. Here is his wealth status. Prior to becoming senator, he was CEO of the plastics company Pacur, LLC in Wisconsin. That business made him a millionaire.
While he earns at least $174,000 per year as his senator’s salary, his net worth has grown substantially in recent years.
On his 2020 Senate Financial Disclosure statement, he shows income of over $5,000,000 from Pacur, LLC for interest and capital gains as well as almost a million dollars in “other” income from the company. That same year, he shows income between $5,000,001 - $25,000,000 for the sale of Pacur, LLC.
In addition, for calendar years 2020 and 2021, he shows income from rental properties he owns with his wife between $100,001 - $1,000,000 per year.
Billionaires and multimillionaires should be taxed so heavily they could afford only one mansion, one vacation home, one luxury yacht, one private jet and one chauffeured limousine - without enough spare change left over to own even one congressperson.
I am ashamed that my state put him back in for another term. He is so disgusting.
What the hell happened to Wisconsin?
@@ey67 gerrymandering, ignorance, and meth happened.
@@ey67I also looked at exist polls after the last senate elections and the overwhelming amount of voters were conservative 50+ uneducated (high school or less) white men… that’s what happened.
@@startledmilk6670 ok so get the vote out from educated women young people etc etc. The ignorance of the old farts can be overcome by not letting apathy rule the day.. I'm 74 and have been watching this since the idiots voted saint Ronny reagan' and Americans have been too stoopido to live since saint Ronny reagan'. Nothing new . They love the uneducated because they know they will show up to vote.
This doesn't make sense that the senator would have an issue with this.
Only the first $168,600 of your annual income is subject to social security tax.
All wages earned beyond $168,600 are not subject to social security tax.
Which should be corrected. All income should be taxed, including dividends.
@@ChicanoPhD All income is subject to tax, including dividends, which are taxed relative to your annual income (e.g. your tax bracket). My comment was pointing out that the social security aspect of your tax (one of the several items you see on your paycheck) only taxes the first 168,600 in annual earnings - so a rich person has no reason to make a stink about making 1,000,000 a year and feeling the social security tax burden.
@@ChicanoPhD Also to add some more clarification, the reason that the wealthy generally pay a smaller percentage of their income in taxes is because they have very little "income".
The primary mechanism the wealthy use for generating liquidity (free cashflow) is by rolling debt against their assets. Debt is not taxed, therefore I (if I were extremely wealthy) could take out a loan using my assets as collateral. This loan would cover my cost of living expenses, and likely, my assets will grow in value, improving my LTV (Loan to value ratio), effectively making my loan easier to service. As soon as I need more cash, I simply take out a larger loan against my now even more valuable assets, and use that to cover the previous loan. The perpetual debt cycle allows me to remain liquid without incurring a taxable event.
I THINK PEOPLE IN CONGRESS WHO AREN'T DOING ANYTHING FOR WORKING CLASS SHOULD HAVE THEIR PAY REDUCED!
I've always said they shouldn't be paid a dime more than what is the median wage. If they want a raise then they need to govern in a way that ups the median wage
Ok I’m so sick of these politicians. We paid into this system. It’s not charity and it is my money.
i love it these rich people they keep wages low then they blame the workers for not saving and then grudge having to provide social security