sanitation@lemmy.today to Work Reform@lemmy.world · 1 month agoWe can save Social Security. Scrap the Cap!lemmy.todayimagemessage-square23linkfedilinkarrow-up11arrow-down10
arrow-up11arrow-down1imageWe can save Social Security. Scrap the Cap!lemmy.todaysanitation@lemmy.today to Work Reform@lemmy.world · 1 month agomessage-square23linkfedilink
minus-squareThe_v@lemmy.worldlinkfedilinkarrow-up0·1 month agoSlight modification. For SS the employer and employee pay 50/50. So the actual number is double that. If they lifted the cap the person making $5,176,000 would pay $731,369
minus-squareMacallan@lemmy.worldlinkfedilinkEnglisharrow-up0·1 month agoI’m not seeing any issues or downsides to that, they can afford it.
Slight modification.
For SS the employer and employee pay 50/50. So the actual number is double that.
If they lifted the cap the person making $5,176,000 would pay $731,369
I’m not seeing any issues or downsides to that, they can afford it.