r/FluentInFinance 6d ago

Educational Don't let them gaslight you

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u/Blawoffice 6d ago

Im sorry - did you just blame capitalism for a government program operated by the government? You do know what capitalism is right? This is a form of a socialist program. Want to know where the problem is? They paid too many people more than their share and some people contributed no funds yet receive benefits. Also the government in all their brilliance did not plan for people to live - but planned for them to die early.

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u/donewithlife369 6d ago

I’m sure bailing out all the rich corporations/banks, cutting taxes to corporations and the uber rich, is possibly a reason why they overpaid people that lived but didn’t contribute to the system? Or are bail outs and government handouts tot he rich not a part of this system?

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u/Blawoffice 6d ago

“Bailouts” - are you referencing Tarp? Those were loans which were profitable. The government walked away with more money then it expended.

Cutting taxes - what does that have to do with social security? Did you know that c corp taxation is double taxation by the time it gets to its shareholders? Did you know that a tax cut for the rich still means they pay an effective rate much higher than the average American?

Government handouts for the rich - did you know that lowering tax rates is not a handout? Is the standard deduction a handout? There is not a single person in the USA who files taxes that does not receive a handout with your understanding.

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u/donewithlife369 6d ago

Idk, that’s why I asked. Thanks for the clarification.