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It wouldn’t _have_ to, that’s a political decision not a mathematical requirement. But, even if you did it would still help tremendously and possibly still be
by kgermino 1y ago
It wouldn’t _have_ to, that’s a political decision not a mathematical requirement.
But, even if you did it would still help tremendously and possibly still be sufficient. There’s diminishing returns where lower income people get a higher percentage of their income as a social security benefit. As long as that policy is maintained the ultra high wage earners would be contributing far in excess of the benefit they get paid back out
- scarface_74 1y agoIn that case it’s no longer about social security it’s just a 12.4% marginal tax increase (employer + employee).