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2016 Postmortem

Freddie

(9,259 posts)

4. Yes. Remove the wage cap but keep the cap on benefits

Reply to RomneyLies (Original post)

Sun Dec 30, 2012, 05:52 PM

Dec 2012

Yeah I know it changes the nature of SS, etc. Too bad. Rich people will still get their SS, just a capped amount. Simplest way of means-testing and will make the program solvent forever.
On a personal note, I'm a payroll administrator. I truly don't care what the highly paid executives earn--it's none of my business, I'm just the number cruncher--but when they get an even bigger paycheck mid-year thanks to the cap...grrrr. A privilege for the already privileged. If I have to pay that 6.2% on every penny I earn, so should my boss.

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I can make Social Security solvent in perpetutity with three words. [View all] RomneyLies Dec 2012 OP

And let the rich attack it? Panasonic Dec 2012 #1

that is a good place to start Angry Dragon Dec 2012 #2

Yeah, seriously because they aren't going after it now. toddwv Dec 2012 #12

The problem with that democrattotheend Dec 2012 #3

It already is (nt) Demo_Chris Dec 2012 #7

Already is what? democrattotheend Dec 2012 #8

It's already that way, at least to some degree Major Nikon Dec 2012 #9

True, but scrapping the cap would make it way out of whack democrattotheend Dec 2012 #18

What about Medicare? Major Nikon Dec 2012 #19

True, but Medicare is different democrattotheend Dec 2012 #20

That argument would seem to work in favor for eliminating the cap on SS Major Nikon Dec 2012 #23

No, it's not welfare. pnwmom Dec 2012 #22

Your assumption is incorrect. Jim Lane Dec 2012 #21

Yes. Remove the wage cap but keep the cap on benefits Freddie Dec 2012 #4

Right. JDPriestly Dec 2012 #15

I can solve the budget problem for everything more easily.... Sancho Dec 2012 #5

I like that one. But the billionaires who are making a killing off it won't like it, haha! freshwest Dec 2012 #6

Have you seen the way the populace votes? Curmudgeoness Dec 2012 #10

I think the 25% is too high. former9thward Dec 2012 #11

a referendum vote of the populace? pasto76 Dec 2012 #13

We had a referendum to raise taxes in California last November. We voted to raise them JDPriestly Dec 2012 #17

Excellent idea. JDPriestly Dec 2012 #16

Common sense. That's what Obama promised in 2008. JDPriestly Dec 2012 #14