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Taxes on city house $ 3,200 Repairs, improvements and minor alterations 2,500 Rent of country house average 7,000 Gardeners and stablemen, and so on 800 Servants' payroll 7,800 Food supplies 15,000 Light and heat gas, electricity, coal and wood 2,400 Saddle-horses board and so on 2,000 Automobile expenses 8,000 Wife's allowance emphatically insufficient 5,000 Daughters' allowance two 6,000 Son's allowance 2,500 Self clubs, clothes, and so on 2,500 Medical attendance including dentist 1,000 Charity 1,500 Travel wife's annual spring trip to Paris 3,500 Opera, theater, music, entertaining at restaurants, and so on 3,500 Total $74,200
To further strengthen the social security system and provide a greater degree of assurance to beneficiaries, given projected future economic uncertainties, additional action should be taken. Among the additional financing options available are borrowing from the general fund, financing half of the hospital insurance fund with general revenues, and increasing the payroll tax rate.
And so Joe Lathrop let loose his vials of wrath upon those whose continuance upon the payroll depended upon merit alone. One of these was Robinson. Robinson had been finishing piano frames upon this floor for twenty months. He was a young married man, in good health, ambitious, faithful, loyal, skilful, and efficient. He was a man who worked far more with his brains than with his hands.
We will first look over the railroad contracts, together with the livery, hotel and other contracts. I am going to leave you five hundred dollars in cash, and each week you will send in your payroll to the treasurer, who will forward the money by express to cover it. The five hundred is for current expenses.
Today, Social Security is strong, but by 2013, payroll taxes will no longer be sufficient to cover monthly payments. By 2032, the trust fund will be exhausted and Social Security will be unable to pay the full benefits older Americans have been promised.
It would go to buying foolish bogus antiquities that no man needs. It would go to building ridiculous and uncalled-for palaces where human mushrooms without a sense of humor imitate in their idleness the active types of the past. When this newspaper adds to the payroll of a great corporation, it adds to the happiness of a great many families; and therein lie its pride and its excuse for being.
We persisted. Mr. Hale was grit clear through. He disbursed at the rate of one hundred thousand per week for secret service. The aid of the Pinkertons and of countless private detective agencies was called in, and in addition to this thousands were upon our payroll. Our agents swarmed everywhere, in all guises, penetrating all classes of society.
The huge payroll would be a benefit to every citizen. The price of horses would jump to war-time values and every onery cayuse on the range would be hauling a scraper. Alfalfa and timothy would sell for $18 a ton in the stack and there would be work for every able-bodied man who applied. The grocery bills of the commissary would make the grocers rich and Crowheart would boom right.
"I guess the porter racket hasn't a leg to stand on, for you see they've got a man and his family on the payroll, and he looks after the furnace in the winter, as well as does all the sweeping out and such menial tasks. But it might be possible that they could make room for you as my assistant.
The best way to keep Social Security a rock solid guarantee is not to make drastic cuts in benefits; not to raise payroll tax rates; not to drain resources from Social Security in the name of saving it. Instead, I propose that we make the historic decision to invest the surplus to save Social Security.
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