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re: Social Security recipients to receive 3/4 payouts by 2035

Posted on 4/23/19 at 8:35 am to
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89618 posts
Posted on 4/23/19 at 8:35 am to
quote:

why is there a salary ceiling on social security contributions, and why do Democratic congressmen never say anything about it?


Be careful with this - they'll lift the cap on wages, but enforce a cap on benefits. That's even more Marxism.

And the "rich" still won't pay more because they don't rely on ordinary income (like the middle class do, even the upper middle class). So, this will be yet another tax on the middle class for which they will receive a negative return.
Posted by TheHarahanian
Actually not Harahan as of 6/2023
Member since May 2017
19568 posts
Posted on 4/23/19 at 8:38 am to
quote:

Be careful with this - they'll lift the cap on wages, but enforce a cap on benefits. That's even more Marxism.


Oh, I understand that we'll always be screwed by Marxism. It just seems weird to me with all the class warfare nonsense they spew that SS contributions are seemingly never brought up.
Posted by CajunTiger92
Member since Dec 2007
2821 posts
Posted on 4/23/19 at 11:10 am to
quote:

Be careful with this - they'll lift the cap on wages, but enforce a cap on benefits. That's even more Marxism.


I’m pretty sure this has already been proposed or at least talked about being proposed.

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