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Reply #33: Are your arms tired? [View All]

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Statistical Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-01-10 09:09 AM
Response to Reply #32
33. Are your arms tired?
Edited on Thu Jul-01-10 09:10 AM by Statistical
Those goal posts must be heavy.

"A better system to make it work would be to provide a safety net to all Americans but the upper class."

Why? The rich only get back 15% of wages above $4856 a month. The other 85% of the contributions they pay help provide solvency for the system. There is no reason to remove them from the program. They paid the contributions, they earned the benefit. By keeping them in the system SS retains universality and the rich get lower return on their contributions. Win-win.

Your two schemes (ending payroll taxes & means test) would only serve to undermine SS. It would be crippled and rolled back, and eventually new employees given the option of opting-out. You would accomplish what Republicans haven't been able to do in 60 years.
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