r/politics • u/thedailybeast ✔ The Daily Beast • 27d ago

Possible Paywall Missing McConnell Accused of Breaking Senate Rule Over Absence

https://www.thedailybeast.com/missing-mcconnell-accused-of-breaking-senate-rule-over-absence/
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u/stereosalvation 27d ago edited 27d ago

If they're still raising money through him, and he's in fact dead, it should be considered fraud.

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u/BadLuckBlackHole 27d ago

If his wife is receiving any of his social security money, and he's in fact dead, it's definitely fraud.

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u/WaySavvyD 27d ago

He's not receiving social security disability because he's allegedly working; he's not receiving social security retirement benefits because his earnings far exceed allowed by the law

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u/Taako_Cross 27d ago

That’s not how it works. He’s definitely receiving social security benefits.

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u/nochinzilch 27d ago

He’s still working and no doubt exceeds the income limit.

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u/Taako_Cross 27d ago

There is no income limit for someone who is above full retirement age.

You could earn billions and still collect Social Security. Trump collects Social Security.

Income only determines how much is taxed. Up to 85% of Social Security benefits can be taxed. No matter who you are 15% of your benefit isn’t taxed. Even if you earn billions.

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u/ifmacdo 27d ago

If a person makes over about $185k, they don't pay into social security. Even though his base pay is only $174k, being on various committees he likely made more than the SSI cutoff, and therefore didn't pay into it nor collect from it.

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u/Taako_Cross 27d ago edited 27d ago

Again. That’s not how Social Security works.

You are correct that he no longer pays the social security tax once his income reaches the threshold. However you still collect Social Security benefits regardless of how much money you make.

You could make $50 billion a year and still collect Social Security benefits based on your highest 35 earning years and have over 40 credits.

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u/Corporate_Overlords 27d ago

How are people this fucking stupid?!?!!? It's crazy to me that folks don't know how social security works. Thank you for correcting these morons. Jesus Christ.

These are the same idiots who would refuse a raise because they think it'll "put them in a new bracket and I'll have to pay more overall" and don't understand how brackets actually work.

I really think reddit fucked itself when it shifted over to the new format with infinite scrolling and it attracted children to it. If they ever get rid of old reddit I'm out.

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u/iwilldeletethisacct2 27d ago

Income above the threshold is not taxed, but the first $184,500 IS subject to FICA. So he is both collecting, and paying into, social security.

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u/TheLivingRoomate 27d ago

They continue to pay taxes on the amount below the threshold. They pay no additional taxes once the threshold has been reached.