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This blatantly seemed like an advertisement for HR 1902, so I pulled up the bill, full text here: https://www.congress.gov/bill/115th-congress/house-bill/1902/t
by existencebox 9y ago
This blatantly seemed like an advertisement for HR 1902, so I pulled up the bill, full text here: https://www.congress.gov/bill/115th-congress/house-bill/1902/text https://www.congress.gov/bill/115th-congress/house-bill/1902...
While I was able to pull out some really key bits
- Personal SS tax/employer SS tax up from 6.2-7.4%
- Self employed up from 12.4-14.8%
so much of the text is just.... noise. There are useful bits in there but I feel like I'd need to whiteboard out a fucking diagram just to make sense of it. Since I assume this is intentional I'd be curious if anyone with a better nose for things can elucidate what the key points I'm missing are, since at this point (at the risk of taking an opposing point to what is ostensibly a "nice ideal") it seems to be just another push to supplement elderly benefits at the cost of the existing worker, rather than a more holistic strategy.
(as an aside; the whole CPI-* index choice thing seems like its own sort of P-hacking. Perhaps not in this case since E->elderly->relevant, but having read up on how much these indices are shifted/restructured/how many there are, it speaks to the data engineer in me to the end of "I can pick an index to say whatever I want it to, and I'm sure the index writers are doing the same")