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re: 56% of GOP voters want govt to pay more in monthly SS benefits/medicare
Posted on 5/15/24 at 1:54 pm to HailHailtoMichigan!
Posted on 5/15/24 at 1:54 pm to HailHailtoMichigan!
quote:
As it stands now, if we are to fix SS by 2033, it will require the largest tax increase in the history of the country, assuming congress kills any attempt at raising retirement age.
Or finding a way to let younger voters pay a tax to fund shortcomings and upon reaching a certain age being no longer subject to SS deductions.
SSI has to go away for it to be sustainable. In other words, eat a current tax to pay down liabilities and get out of owing it in the future.
This post was edited on 5/15/24 at 1:55 pm
1
Posted on 5/15/24 at 2:00 pm to TerryDawg03
Why is anyone surprised a majority want the benefits to go up?
SS payments have not kept up with inflation at all the past few years.
I'd imagine retired people that do not have 401s, and there are a lot of them, are pretty boned right now.
SS payments have not kept up with inflation at all the past few years.
I'd imagine retired people that do not have 401s, and there are a lot of them, are pretty boned right now.
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