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But the output is depending on how much you put it, it’s actually progressive. Just less so than taxation in general.
by kmonsen 4y ago
But the output is depending on how much you put it, it’s actually progressive. Just less so than taxation in general.
- Clubber 4y agoYes, it's progressive if you just consider the lower and middle class. Actually I think if you get what you put into it, it's neither progressive or regressive. If you include the upper earners, it's regressive. It's as if they capped income tax to your first $100K. Great for one group of people, not for the majority other.
- kmonsen 4y agoYou get more benefits from the first dollars put into SS than the last as far as I understand.