TV Schedule

Save Social Security the Easy Way

  2. olderorwiser
  3. related topics
The best way to save Social Security is to raise the cap. Does everyone realize once you make over $102,000 a year the Social Security tax stops. All we have to do is make sure that this income is also taxed. I'm confused that in America, a country that gives so much to help people get to the top of their professions, why can't those same people stay in it with the rest of us so everybody can do well. Not just the stockbrokers, or CEO's but maybe the nurse-techs, and the EMT's or the car mechanics. Where would you be Mr. CEO, if you were in an automobile accident, and that poorly paid Paramedic weren't there to literally scrape you off the pavement and hold your life together until you got to a hospital? I've heard the criticism, nobody gets rich in the medical field, why didn't you get into something more lucrative? I know teachers that were told the same thing. The answer is we care about other people and want to do a fair share. I'd like to see some of the top wage-earners to step forward to save Social Security. We can't divert any of the currently deducted money to any separate account. Every penny that is being collected is immediately going out to pay current Social Security benefits. That's how the system was designed in the 1940's. Then they expected each generation to be bigger than the last.
olderorwiser

1 response // Save Social Security the Easy Way

  • Another option would be to eliminate the cap altogether. then the system would be more fair, and could begin to be adjusted to reduce the load on the lower tax brackets.
    electricsquiral

Add your response

Login/Registration is required to add a response.