>But how do you fund higher guaranteed social security? Did we forget we just changed the corporate tax rate from 35% to like 22%? We stop taxing self employe

>But how do you fund higher guaranteed social security? Did we forget we just changed the corporate tax rate from 35% to like 22%? We stop taxing self employed people social security/medicare after about ~140k.. where many crazy rich people make WAY more than that, so they could continue to contribute a hell of a lot of income. We have an insanity of tax loopholes.. including long-term capital gains which just incentivize the ponzi scheme further. >You're saying stocks are a Ponzi scheme, but as a solution you're proposing something that constantly needs more people paying in money or it will collapse... sounds like a Ponzi scheme. Do you consider current social security a ponzi scheme? All I'm talking is extending it.. tax people more, more money goes in, more money can go out. I call the markets a ponzi scheme because it's literally fake valuation to a degree. I'm not saying fake as in fraudulent at all- don't get me wrong. But if the entire market valuation is let's say $1 trillion. If the S&P goes up 1% on the day, that entire valuation (and let's say the sum of peoples retirement, even though it's not nearly this simple) goes up $10 billion. Then the market drops 10% and all the sudden people lost $100 billion in retirement. Money can literally disappear in that kind of system. That's why I call it a ponzi scheme. It only works if people keep making it go up. Social security doesn't work like that.