Dark, but valid, and very possible. I do want to mention this about Social Security.
But it’s coming to pass - 6 year from now benefits will be cut 40% if nothing changes.
It doesn’t have to. Social Security is literally the easiest problem in DC to solve. All they have to do is raise the income cap, which is ridiculously favorable to…the wealthy, of course.
Right now the cap $184,500, which means you pay into Social Security on the first $184,500 of your income. If you make less than that, like MOST people, you pay on 100% of your income. But wealthy people only pay it on the first $184,500, and they keep everything over that.
So all we have to do is raise the cap to $250,000, or $500,000, or Heck, let’s just make it the first $1 Million. That would fully fund Social Security for decades, and give everybody a big raise, too.
It means the Sociopathic Oligarchs are going to have to pay a fraction higher, but they are going to scream like it means they might have to sell their third yacht in Hawaii, and then Hawaii won’t be any fun anymore. But don’t worry about them, they’ll be okay, they won’t have to sell their yacht. Hawaii will still be fun.
Dark, but valid, and very possible. I do want to mention this about Social Security.
It doesn’t have to. Social Security is literally the easiest problem in DC to solve. All they have to do is raise the income cap, which is ridiculously favorable to…the wealthy, of course.
Right now the cap $184,500, which means you pay into Social Security on the first $184,500 of your income. If you make less than that, like MOST people, you pay on 100% of your income. But wealthy people only pay it on the first $184,500, and they keep everything over that.
So all we have to do is raise the cap to $250,000, or $500,000, or Heck, let’s just make it the first $1 Million. That would fully fund Social Security for decades, and give everybody a big raise, too.
It means the Sociopathic Oligarchs are going to have to pay a fraction higher, but they are going to scream like it means they might have to sell their third yacht in Hawaii, and then Hawaii won’t be any fun anymore. But don’t worry about them, they’ll be okay, they won’t have to sell their yacht. Hawaii will still be fun.
Just raise the cap. Next problem.