Property Tax Prepayment benefit possible for some NH residents

[Garcia]

Just curious - how many people are aware that over 90% of all entitlement money goes to seniors, the disabled, or members of working households? Not saying reforms aren't needed, they are, but the idea that the vast majority of entitlement spending goes to able-bodied people who choose not to work is misinformed and quite wrong.

[ITD]

Originally Posted by Garcia

Just curious - how many people are aware that over 90% of all entitlement money goes to seniors, the disabled, or members of working households? Not saying reforms aren't needed, they are, but the idea that the vast majority of entitlement spending goes to able-bodied people who choose not to work is misinformed and quite wrong.

Hmmm, your numbers sound off, but even so, 10% fraud rate is pretty substantial and a great place to start cutting.

[Garcia]

Originally Posted by ITD

Hmmm, your numbers sound off, but even so, 10% fraud rate is pretty substantial and a great place to start cutting.

My numbers are on the conservative side - and while yes there is fraud and waste, one cannot simply assume that every able bodied person on welfare is abusing the system. A starting point for reform? Yes. But, a drop in the bucket when we look at the overall cost and the impact on the national debt.

[TiltonBB]

Originally Posted by Garcia

Just curious - how many people are aware that over 90% of all entitlement money goes to seniors, the disabled, or members of working households? Not saying reforms aren't needed, they are, but the idea that the vast majority of entitlement spending goes to able-bodied people who choose not to work is misinformed and quite wrong.

Entitlement Programs also include Social Security, Medicare and Unemployment insurance. I am not against any AMERICAN with a legitimate claim who has paid into the system utilizing the available benefits through Medicare, Social Security, or Unemployment. There are numerous examples of phony disability claims for Social Security which also entitles the recipient to Medicare at an early age.

Welfare makes up 10% of the entire Federal budget and in my opinion, based on my experience, 90% of the people collecting should be and could be working. There have been numerous examples of people using the cash portion of their benefits on cruise ships and at casinos. There is something about that that that makes me think these people aren't too needy.

A close friend had a part time employee and he offered to upgrade her to full time. She declined saying it would screw up her welfare. These things are happening every day across the country. The system has made it too easy to take the free ride.

[Garcia]

Originally Posted by TiltonBB

Entitlement Programs also include Social Security, Medicare and Unemployment insurance. I am not against any AMERICAN with a legitimate claim who has paid into the system utilizing the available benefits through Medicare, Social Security, or Unemployment. There are numerous examples of phony disability claims for Social Security which also entitles the recipient to Medicare at an early age.

Welfare makes up 10% of the entire Federal budget and in my opinion, based on my experience, 90% of the people collecting should be and could be working. There have been numerous examples of people using the cash portion of their benefits on cruise ships and at casinos. There is something about that that that makes me think these people aren't too needy.

A close friend had a part time employee and he offered to upgrade her to full time. She declined saying it would screw up her welfare. These things are happening every day across the country. The system has made it too easy to take the free ride.

The last point is valid and shows why the system needs to be reformed. I also know someone who declined full time work as it would throw off her benefits. For her, she would make less, and be further below the poverty line, if she worked full time than part time with SNAP benefits. She is perfectly willing to work full time and have her benefits adjusted so that she is not worse off working full-time, but the program won't do that.

Regardless, these are eye-catching examples of a broken system that help to prove individual points and perspectives but do very little to address the real problem. I don't know the answer, but I wonder how much could be put back into the federal government if we clamped down on both corporations and individuals who are abusing the federal tax codes (and the medicare/medicaid billing process) through fraud? My guess, and it is just that, is that from an economic point of view our country would be better off chasing down those dollars.

[Garcia]

A quick look says that the uncollected taxes amount to $400 billion annually with $235 billion spent annually on programs to support the nonworking poor. Quick math shows how we can continue to offer welfare and still come out $165 billion ahead! How do we make this happen?

[joey2665]

Originally Posted by Garcia

A quick look says that the uncollected taxes amount to $400 billion annually with $235 billion spent annually on programs to support the nonworking poor. Quick math shows how we can continue to offer welfare and still come out $165 billion ahead! How do we make this happen?

The welfare system needs a complete overhaul to reduce the abuse of the system.

[TiltonBB]

If they are looking to increase the tax income they could get the first $1 Billion here:

https://oversight.house.gov/release/...owe-1-billion/

[Irish mist]

Can't say that I'm sad to see the new 1.4 percent tax on university endowments in this plan. About 60 wealthy colleges will be subjected to this tax. Harvard is expected to cough up 43 million dollars on its 37 billion dollar endowment.

When you allow your university to become nothing but propaganda- mills don't be shocked when the party you have been targeting with your agitprop targets you. I've always been in the camp that churches & universities need to be taxed on property & investments like the rest of us. So I find this new tax a good start.