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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsGraham Platner-REMOVE THE CAP !
Good on him for pointing out that a simple fix for social security is to just remove the cap. There have been a lot of democratic representatives who have tried to get this message through, but it always seems to fall to the wayside.
Its one of the most important and effective messages the Democratic Party has. Really powerful in its simplicity.
Hopefully , REMOVE THE CAP , will be a message that all democratic representatives will push. Push to the point that it becomes a national meme.
displacedvermoter
(4,892 posts)ALBliberal
(3,374 posts)way back in the Air America days. Quick and easy fix.
Renew Deal
(85,305 posts)mopinko
(73,842 posts)and the billionaires arent going to pay more, cuz they dont get wages.
a better way to do it wd b to expand it to other forms of income, ie capital gains.
Bluetus
(3,028 posts)The rich have dealt themselves every loophole in the book. When you look at ALL taxes, the morbidly rich pay a MUCH lower effective rate than working people.
There is no valid argument for capping their income for these programs. They have gotten rich off the backs of working people.
Torchlight
(7,001 posts)LeftInTX
(34,769 posts)I thought this was about a cap on his head!
Captain Stern
(2,254 posts)Most estimates show the removing the cap on SS would extend the program's solvency by a few years.
But eventually, workers are going to have to start paying more in, or recipients are going to have to have their benefits reduced.
Emile
(43,032 posts)Cosmocat
(15,457 posts)with a list of other sensible reforms.
The party should workshop it, find what makes the most sense and EVERY LAST D should sign off on and it, and make it one of the priorities they sell universally.
This is both the right thing and a serious problem that needs fixed AND something that be very popular.
MichMan
(17,322 posts)Ever since SS was created, the amount paid out monthly has been linked to how much people paid in. Is his plan to decouple that ?
Exp
(1,012 posts)Miguelito Loveless
(5,862 posts)Make ALL income, including passive income subject to it.