4 ms·
Ahh yes, just yoke and impoverish tomorrow's youth. Those kids'll be wishing for another covid- clear out some of the leeches.
by inkblotuniverse 4y ago
Ahh yes, just yoke and impoverish tomorrow's youth. Those kids'll be wishing for another covid- clear out some of the leeches.
- alistairSH 4y agoOr, increase retirement age. Or, tax income over $130k. Or, reduce payments. Like I said, the plan only goes bankrupt if we allow it.
- jimbob45 4y agohttps://www.nerdwallet.com/article/taxes/federal-income-tax-brackets https://www.nerdwallet.com/article/taxes/federal-income-tax-... Income over $130k is heavily taxed at 24%. Retirement age can only be increased so many times before retirement is effectively gone for the lower class - I think I've heard the statistic that the majority of Americans will only ever collect on three social security checks.
- nradov 4y agoYou heard wrong. Full Social Security retirement age is 67. US life expectancy is 79. Social Security benefits are paid monthly. Do the math.
- alistairSH 4y agoYou do realize SS tax is a different line item on your taxes, right? Over $137k does not pay into the SS system.