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- Manlobbi
Investment Strategies / Mechanical Investing
No. of Recommendations: 2
The SSA sends out $1,600,000,000,000 in benefits annually. What percent of that $1.6T is fraudulent?
> 50%
50% to 25%
< 25% to 10%
< 10% to 3%
< 3% to 1%
< 1% to 0.1%
<0.1% to 0.01%
<0.01% to 0.001%
<0.001%
According to the SSA the answer is in one of those ranges.
Hint: It is less than DOGE would have you believe.
No. of Recommendations: 0
The worst part is: Trump could've gone the other way on this one, and crushed it politically.
A majority of people - want it preserved as is.
A majority of people - are open to tax hikes for this to happen.
What is FICA cutoff - 176k? If Trump would've gone out and said - no more cap. FICA continues from $176K on. And we'll bump the age a year. And if that's not enough, tweak again.
Done deal.
A majority of Trump's voters benefit, and a majority of the new taxes are paid by the blue folk.
Instead the Republicans want to use Social Security to give power to Democrats.
No. of Recommendations: 3
Here are the dollar amounts at the bottom of each range to make it clearer.
> 50% ------------ $800B
50% to 25% ------- $400B
< 25% to 10% ----- $160B
< 10% to 3% ------ $48B
< 3% to 1% ------- $16B
< 1% to 0.1% ----- $1.6B
<0.1% to 0.01% --- $160M
<0.01% to 0.001% - $16M
<0.001% ---------- $1.6M
No. of Recommendations: 3
I’ll go with 0.1%-0.01%
—Peter
No. of Recommendations: 1
I'd say less than 1 percent.
No. of Recommendations: 1
.01–>.001. I guess $150 mil
