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re: Now Social Security could be depleted this decade
Posted on 4/23/20 at 10:17 am to Apollyon
Posted on 4/23/20 at 10:17 am to Apollyon
quote:
Good. Let it fail.
They won't. They will raise the exempt number upwards and will raise the eligibility age. By then they will tax up to 250K and raise the age to 75 before you can get benefits.
Posted on 4/23/20 at 10:25 am to aTmTexas Dillo
quote:Nah. They'll means test it first. Democrats have been dreaming of that for decades. More money to buy votes. They can tell the moochers "Look, we're taking from those greedy 'rich' people to help you".
They won't. They will raise the exempt number upwards and will raise the eligibility age.
And... it's a backdoor way to tax 401Ks. Raising taxes specifically on 401Ks is not politically pallatable. So instead they'll just cut your SS benefits if you have a fat 401K.
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