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re: Nikki Haley Says It’s Time to Raise the Retirement Age to Reflect on Life Expectancy

Posted on 11/15/23 at 4:54 pm to
Posted by Auburn1968
NYC
Member since Mar 2019
19862 posts
Posted on 11/15/23 at 4:54 pm to
quote:

You can raise the retirement age or raise your FICA taxes. That will eventually be your choice.


FICA taxes were jacked up under Reagan, but the government just kept "borrowing it" at well below the rate of inflation so the real dollar value keeps decreasing.

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