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In reply to the discussion: Dem Senator Introduces Bill To Lift Social Security’s Tax Cap, Extend Its Solvency For Decades [View all]HopeHoops
(47,675 posts)36. That makes no sense. If you exceed the cap you don't even need the benefits.
Drop the cap and make the benefits in line with what's paid in. Yeah, that's a lot. But most people don't take out of the system what they put in. It will keep it solvent indefinitely. Sure, pay the rich the same output that the rest of us get as long as they contribute at the same rate. We're actually FUNDING the rich as the system is now. That's fucked up.
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Dem Senator Introduces Bill To Lift Social Security’s Tax Cap, Extend Its Solvency For Decades [View all]
UnrepentantLiberal
Nov 2012
OP
No. You pay the full 15.whatever % and get a DEDUCTION of 1/2 of the SE side.
HopeHoops
Nov 2012
#66
Agreed...if you want to be seen as pro-woman, don't be a p___yt____dc__tt__ter.
Ken Burch
Nov 2012
#123
"if you're self employed you ..." True, if you don't know how to rent property from yourself or a
AnotherMcIntosh
Nov 2012
#74
With that thought process, they better hope they never fall from the $100k threshold of income then.
MessiahRp
Nov 2012
#78
Sorry, I'm not in that league. But if I was, I'd pay it. It just makes sense.
HopeHoops
Nov 2012
#83
We will provide higher benefit levels for higher amounts paid in, as we should. SS Insurance.
Overseas
Nov 2012
#75
It is Insurance. As it is now, if you earn more you pay more and you get more-- up to 100K.
Overseas
Nov 2012
#103
No if the rich want more out let them raise the return for everyone. It is community
Vincardog
Nov 2012
#107
The cap was installed to prevent the spectacle of Social Security cutting huge checks to the rich.
Selatius
Nov 2012
#137
I am sorry, but the cap should be reivised and adjusted as needed on a yearly basis.
geckosfeet
Nov 2012
#6
Interesting. I meant of course, adjusted in a way that is meaningful towards assuring solvency and
geckosfeet
Nov 2012
#60
Well, we as a society are really big on needs based assistance. If you have an income
geckosfeet
Nov 2012
#87
The current rates of adjustment are not adequate to provide for a vigorous system.
geckosfeet
Nov 2012
#129
He is properly addressing the fraudulent rigging of CPI calculations (chained CPI being the most...
Faryn Balyncd
Nov 2012
#14
Yep, it must be all the Repubs' fault. I know that this is true because there are those who have
AnotherMcIntosh
Nov 2012
#19
Did I say that you, with your speculation, said that it was "all" the Republicans' fault?
AnotherMcIntosh
Nov 2012
#70
Obviously, (1) that was sarcasm, and (2) the phrase was not included within quotation marks or
AnotherMcIntosh
Nov 2012
#102
Now I understand. I, too, confused the posts and thought that your post was drm's post to me.
AnotherMcIntosh
Nov 2012
#111
I agree. That's if we talk about it and push it. If no one talks about it, it's dead in the water.
vaberella
Nov 2012
#39
Why is this obvious first solution deemed so damned radical by the Inside the Beltway types?
leveymg
Nov 2012
#28
If the cap is eliminated on employees it should also apply to employers.
LiberalFighter
Nov 2012
#52
People who are earning above the SS cap do NOT get EITC, that seems obvious.
Bluenorthwest
Nov 2012
#143
Standing Ovation !!!! Next, the Pentagon Offense Budget...tool it back to a Defense Budget.
libdem4life
Nov 2012
#48
And I would agree with you except the wealthy are failing the nation already at
cstanleytech
Nov 2012
#100
100% of Social Security is paid by current workers. There are no "savings accounts" to draw from.
Romulox
Nov 2012
#153
Nonsense. Social Security is *100% Pay-As-You-Go*. Your document doesn't dispute that
Romulox
Nov 2012
#158
Your numbers are way, way off. No one paying into the system for 40 years gets
Bluenorthwest
Nov 2012
#145
If the Thugs filibuster them - make sure Reid orders the Republicans back on the floor and
Panasonic
Nov 2012
#82
I have serious reservations that the GOP or Conserva-Dems would support this
NorthCarolina
Nov 2012
#96
I have contacted my (Maine) senators, not that it will do any good. Regardless of their so-called
Maineman
Nov 2012
#113
Should wait to hear more about this CPI-E before jumping on board with this?
limpyhobbler
Nov 2012
#126