3 ms·
Supposing the system is unsustainable (it is), how would you propose dealing with a system that can’t pay for itself long term? Especially given the fact that t
by scoofy 3y ago
Supposing the system is unsustainable (it is), how would you propose dealing with a system that can’t pay for itself long term? Especially given the fact that those paying in now will necessarily get back less, even though they will need to pay more to maintain the status quo?
- mikewarot 3y agoThe system is said to be solvent for at least one more generation, perhaps 2, even at current demographics, but for one small change... removing the cap on paying into the system as your income rises.
- scoofy 3y agoAgain, you’re changing the deal as much as I am. Asking some people to pay in more than they will get out is just means testing on the front end, and it means tests the young to pay the old.
- mikewarot 3y agoRemoving an artificial cap on contributions isn't a means test. It's removing a give away to the rich. Means testing shouldn't be required to receive benefits when you retire.