"Wealth" transfers to the poor to keep people alive and in good health and help lift them out of poverty are great policy. We need a lot more of those, because

"Wealth" transfers to the poor to keep people alive and in good health and help lift them out of poverty are great policy. We need a lot more of those, because there are too many poor people, and they are suffering. The US is the richest country on earth, and this situation is plain wrong. In this particular case, though, any transfers are more 'chump change' than 'wealth' from the rich: Social Security tax is only levied on the first $132,900 of earned income (2019). With the exception of the surtax, Medicare taxes are only due on earned income. Rich people don't make the bulk of their money from a paycheck, so it really isn't like the rich are contributing a lot of their wealth or even income to the Medicare and Social Security systems. On top of that, the rich still get all the benefits of the same Medicare and Social Security programs. So what if they pay in a bit more over a lifetime than their nanny or the schoolteacher of their children? These are insurance programs, and that is how insurance works: everyone pays in, and everyone benefits, but not necessarily to the same extent.