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2. Social Security has a cap on tax because there is a cap on the payout. Edit: that said, this does increase inequality because the money put into Social Secur
by zip1234 10y ago
2. Social Security has a cap on tax because there is a cap on the payout.
Edit: that said, this does increase inequality because the money put into Social Security does very poorly compared to private sector investing. The six figure salary person can instead invest in something better than social security.
- deleted 10y ago[deleted]