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Social Security is solvent if you remove the income cap. Right now, if you make $140k annually, you pay into social security as much as Jeff Bezos does. You'd
by nicoffeine 5y ago
Social Security is solvent if you remove the income cap. Right now, if you make $140k annually, you pay into social security as much as Jeff Bezos does.
You'd also have to figure out how to eliminate other tax loopholes at the same time, like taxing unearned income from investment at a far lower rate than earned income from actual work.