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In reply to the discussion: Democrats Hint at Entitlement Program Cuts in U.S. Budget [View all]AnneD
(15,774 posts)there is not enough bargaining going on as it is.
They could raise the max contribution into SS for higher incomes instead of the cap that they currently have.
A means test for SS is also ok. I know some well heeled that can write a check for their yearly amount and it isn't a blip on their radar. Now they have millions in savings but they get a SS check when they retire. I personally would be too proud to get a SS check if I had millions and I know some very wealthy that are the same way. But then I have seem some cheap rich ba$*!%&s that collected it even though they couldn't ever spend the money they had. And then they give it to their trust fund babies.
A progressive tax is to level the field a bit. It helps the poor but is not so difficult on the wealthy.
That money is to prevent the retired elderly from destitution and insure social stability.