SENATE BILL: The Severe Disability Savings Plan Act (Law'd)
       |           

Welcome, Guest. Please login or register.
Did you miss your activation email?
March 29, 2024, 08:18:41 AM
News: Election Simulator 2.0 Released. Senate/Gubernatorial maps, proportional electoral votes, and more - Read more

  Talk Elections
  Atlas Fantasy Elections
  Atlas Fantasy Government (Moderators: Southern Senator North Carolina Yankee, Lumine)
  SENATE BILL: The Severe Disability Savings Plan Act (Law'd)
« previous next »
Pages: [1] 2 3
Author Topic: SENATE BILL: The Severe Disability Savings Plan Act (Law'd)  (Read 1074 times)
Southern Senator North Carolina Yankee
North Carolina Yankee
Moderator
Atlas Institution
*****
Posts: 54,123
United States


Show only this user's posts in this thread
« on: May 20, 2014, 04:29:26 PM »
« edited: June 06, 2014, 08:17:44 PM by Senator North Carolina Yankee »

Quote
You must be logged in to read this quote.

Sponsor: DC al Fine
Logged
Southern Senator North Carolina Yankee
North Carolina Yankee
Moderator
Atlas Institution
*****
Posts: 54,123
United States


Show only this user's posts in this thread
« Reply #1 on: May 20, 2014, 05:07:12 PM »

What is this DC?
Logged
H.E. VOLODYMYR ZELENKSYY
Alfred F. Jones
Atlas Icon
*****
Posts: 15,075
United States


Show only this user's posts in this thread
« Reply #2 on: May 20, 2014, 05:35:38 PM »

Don't we already have Social Security for disabled people? I've been running my entire criminal operation legitimate business on that assumption.
Logged
TNF
Atlas Icon
*****
Posts: 13,440


Show only this user's posts in this thread
« Reply #3 on: May 21, 2014, 08:24:05 AM »

Social Security already does this.
Logged
DC Al Fine
Atlas Icon
*****
Posts: 14,085
Canada


Show only this user's posts in this thread
« Reply #4 on: May 21, 2014, 10:54:39 AM »

Don't we already have Social Security for disabled people? I've been running my entire criminal operation legitimate business on that assumption.

The average disability payment in 2013 was $1177 a month. I don't think that's nearly enough especially when you consider the extra care many disabled people require. SSDI is also based on past earnings, which excludes people who became disabled early on in their lives.


My take on Canada's Registered Disability Savings Plan.

The idea is to assist parents and guardians as they save for when they are no longer around to care for their disabled offspring. Say a child becomes disabled at 16. They cannot work and they may require care which will cost a lot of money or income forgone. How is that person supposed to provide for themselves once their parents are gone? This bill is attended to alleviate this problem.
Logged
H.E. VOLODYMYR ZELENKSYY
Alfred F. Jones
Atlas Icon
*****
Posts: 15,075
United States


Show only this user's posts in this thread
« Reply #5 on: May 21, 2014, 11:01:12 AM »

I'm in that fun-filled area of disability where I'd get SSDI but not this new thing (and have been since forever and ever), so I might be a bit biased on this issue, but then again I've never actually received an SSDI payment. Was that average figure for Atlasia or Fictionland?
Logged
🐒Gods of Prosperity🔱🐲💸
shua
Atlas Star
*****
Posts: 25,665
Nepal


Political Matrix
E: 1.29, S: -0.70

WWW Show only this user's posts in this thread
« Reply #6 on: May 21, 2014, 06:05:16 PM »

Even though we have a disability social security program, having a savings option may make sense as well.
Logged
H.E. VOLODYMYR ZELENKSYY
Alfred F. Jones
Atlas Icon
*****
Posts: 15,075
United States


Show only this user's posts in this thread
« Reply #7 on: May 21, 2014, 09:15:00 PM »

Even though we have a disability social security program, having a savings option may make sense as well.

Aren't you all anti-spending and anti-inefficiency? This seems like a pretty inefficient proposal to me. Are SSDI payment levels the same in Atlasia and Fictionland?
Logged
🐒Gods of Prosperity🔱🐲💸
shua
Atlas Star
*****
Posts: 25,665
Nepal


Political Matrix
E: 1.29, S: -0.70

WWW Show only this user's posts in this thread
« Reply #8 on: May 22, 2014, 01:06:29 AM »

Here is the relevant Section 7 of the CSSRA, see esp. 5-7:
Quote
You must be logged in to read this quote.

I have no idea why someone considered actively unemployed is given less money than someone who isn't.
Logged
TNF
Atlas Icon
*****
Posts: 13,440


Show only this user's posts in this thread
« Reply #9 on: May 22, 2014, 10:15:47 AM »

If you don't think that SSDI's payout is enough, wouldn't it just make more sense to cut out the middle man and increase the payout?
Logged
🐒Gods of Prosperity🔱🐲💸
shua
Atlas Star
*****
Posts: 25,665
Nepal


Political Matrix
E: 1.29, S: -0.70

WWW Show only this user's posts in this thread
« Reply #10 on: May 22, 2014, 04:41:00 PM »

If you don't think that SSDI's payout is enough, wouldn't it just make more sense to cut out the middle man and increase the payout?

How would increasing the money that flows through a program rather than allowing for personal savings be "cutting out the middle man"?
Logged
President Tyrion
TyrionTheImperialist
Sr. Member
****
Posts: 2,787


Show only this user's posts in this thread
« Reply #11 on: May 23, 2014, 08:44:06 AM »
« Edited: May 23, 2014, 08:46:10 AM by Senator Tyrion »

Why exactly are we taxing the entirety of post-tax income as income a second time? Either the growth should be taxed, or it shouldn't be taxed at all.

Quote from: Restricted
You must be logged in to read this quote.
Logged
🐒Gods of Prosperity🔱🐲💸
shua
Atlas Star
*****
Posts: 25,665
Nepal


Political Matrix
E: 1.29, S: -0.70

WWW Show only this user's posts in this thread
« Reply #12 on: May 23, 2014, 11:31:56 AM »

What difference does it make if it is withdrawn before or after 20 years?
Logged
H.E. VOLODYMYR ZELENKSYY
Alfred F. Jones
Atlas Icon
*****
Posts: 15,075
United States


Show only this user's posts in this thread
« Reply #13 on: May 23, 2014, 06:07:47 PM »

If you don't think that SSDI's payout is enough, wouldn't it just make more sense to cut out the middle man and increase the payout?

How would increasing the money that flows through a program rather than allowing for personal savings be "cutting out the middle man"?

I believe what Sen. TNF is saying is that if we want to raise benefits for people, we should use the programs we currently have rather than creating new ones. I thought you were opposed to unnecessary government bureaucracy? Or is this just a step towards privatization of Social Security?
Logged
DC Al Fine
Atlas Icon
*****
Posts: 14,085
Canada


Show only this user's posts in this thread
« Reply #14 on: May 23, 2014, 07:15:04 PM »

Amendment is hostile.

Tyrion, I see your point but I'd rather not tax it at all. I'll introduce an amendment to that affect once your's is voted on.
Logged
🐒Gods of Prosperity🔱🐲💸
shua
Atlas Star
*****
Posts: 25,665
Nepal


Political Matrix
E: 1.29, S: -0.70

WWW Show only this user's posts in this thread
« Reply #15 on: May 23, 2014, 10:43:19 PM »

If you don't think that SSDI's payout is enough, wouldn't it just make more sense to cut out the middle man and increase the payout?

How would increasing the money that flows through a program rather than allowing for personal savings be "cutting out the middle man"?

I believe what Sen. TNF is saying is that if we want to raise benefits for people, we should use the programs we currently have rather than creating new ones. I thought you were opposed to unnecessary government bureaucracy? Or is this just a step towards privatization of Social Security?

Why would I oppose people being able to save money toward meeting their basic needs?  Whatever then, call it whatever you will.

I'm not sold on the idea of matching funds though.
Logged
H.E. VOLODYMYR ZELENKSYY
Alfred F. Jones
Atlas Icon
*****
Posts: 15,075
United States


Show only this user's posts in this thread
« Reply #16 on: May 24, 2014, 10:34:18 AM »

If you don't think that SSDI's payout is enough, wouldn't it just make more sense to cut out the middle man and increase the payout?

How would increasing the money that flows through a program rather than allowing for personal savings be "cutting out the middle man"?

I believe what Sen. TNF is saying is that if we want to raise benefits for people, we should use the programs we currently have rather than creating new ones. I thought you were opposed to unnecessary government bureaucracy? Or is this just a step towards privatization of Social Security?

Why would I oppose people being able to save money toward meeting their basic needs?  Whatever then, call it whatever you will.

I'm not sold on the idea of matching funds though.

I don't think people should have to save to meet their basic needs; if we want them to have more money we can increase SSDI payments.
Logged
Cincinnatus
JBach717
YaBB God
*****
Posts: 4,092
United States


Show only this user's posts in this thread
« Reply #17 on: May 24, 2014, 06:49:37 PM »

Quote from: Restricted
You must be logged in to read this quote.

Feedback: Hostile
Status: A vote is now open on the aforementioned amendment.  Please vote Aye, Nay, or abstain.
Logged
H.E. VOLODYMYR ZELENKSYY
Alfred F. Jones
Atlas Icon
*****
Posts: 15,075
United States


Show only this user's posts in this thread
« Reply #18 on: May 24, 2014, 10:29:29 PM »

Aye.
Logged
TNF
Atlas Icon
*****
Posts: 13,440


Show only this user's posts in this thread
« Reply #19 on: May 25, 2014, 10:15:47 AM »

Aye
Logged
bore
YaBB God
*****
Posts: 4,275
United Kingdom


Show only this user's posts in this thread
« Reply #20 on: May 25, 2014, 10:35:27 AM »

Aye
Logged
Goldwater
Republitarian
Atlas Icon
*****
Posts: 18,064
United States


Political Matrix
E: 1.55, S: -4.52

Show only this user's posts in this thread
« Reply #21 on: May 25, 2014, 10:58:18 AM »

NAY
Logged
DC Al Fine
Atlas Icon
*****
Posts: 14,085
Canada


Show only this user's posts in this thread
« Reply #22 on: May 25, 2014, 03:44:15 PM »

Nay
Logged
Southern Senator North Carolina Yankee
North Carolina Yankee
Moderator
Atlas Institution
*****
Posts: 54,123
United States


Show only this user's posts in this thread
« Reply #23 on: May 25, 2014, 07:27:18 PM »

NAY
Logged
President Tyrion
TyrionTheImperialist
Sr. Member
****
Posts: 2,787


Show only this user's posts in this thread
« Reply #24 on: May 26, 2014, 07:25:57 AM »
« Edited: May 28, 2014, 11:18:29 PM by Senator Tyrion »

Wait, not taxing it at all is an option you would have accepted, DC? Well, I'm totally ok with that. I was playing the middle!

I should have withdrawn my amendment. Sorry for wasting time.

I still vote AYE, however, so we can keep the language about making sure the federal matching funds aren't gamed by being withdrawn immediately. DC, I will totally support an amendment removing the tax and cleaning up the language from over here across the aisle.

What difference does it make if it is withdrawn before or after 20 years?

I just wanted to prevent gaming the system by grabbing the matching funds and then withdrawing them immediately, instead of using this as a long term savings account.
Logged
Pages: [1] 2 3  
« previous next »
Jump to:  


Login with username, password and session length

Terms of Service - DMCA Agent and Policy - Privacy Policy and Cookies

Powered by SMF 1.1.21 | SMF © 2015, Simple Machines

Page created in 0.039 seconds with 13 queries.