General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsIf a candidate, let's say Hillary, announced a desire to 'LIFT THE CAP' to help fund Soc Security
What do you think the reaction would be, and how much of the public would support her on that?
I know I would
jwirr
(39,215 posts)NoJusticeNoPeace
(5,018 posts)It MUST be done, or they are gonna take our social security away, someday.
Sure, 25% will always be against something that impacts the wealthy, because they are stupid, but i think the other 75% can be educated.
TDale313
(7,820 posts)It makes a lot of sense, but you also know Repubs would be howling.
NoJusticeNoPeace
(5,018 posts)And if she actually did it, my god, we all might not have to decide between heat and tv..sure you will have enough for electricity but how about $25 for cable tv?
I know, how spoiled can we get.
If all of us only knew how the rich lived and what they thought of us, there would be a big problem.
TDale313
(7,820 posts)TheCowsCameHome
(40,169 posts)Of course the usual suspects on the right would start wailing about it being a TAX INCREASE .
Broward
(1,976 posts)SickOfTheOnePct
(7,290 posts)that there even is a cap - I'm betting that most don't know. And, I think that if the cap goes up, there has to be at least some increase (not fully proportional) increase in benefits for the top end. The payout formula must remain progressive, but I think there will be a deafening backlash if higher incomes are fully taxed, but benefits for those taxpayers remain the same.
NoJusticeNoPeace
(5,018 posts)favor of a progressive system which is what it must be.
We cant survive otherwise.
Just like we cant survive without a fair, progressive income tax system, which we really dont have now
jwirr
(39,215 posts)think SSA will be there for them when they retire. This is why this needs to be passed.
SickOfTheOnePct
(7,290 posts)And I disagree that we don't have a progressive income tax system - I believe we do, when it comes to income taxes. The problem, IMO, is that too much of what should be considered income isn't.
daleanime
(17,796 posts)I'm looking at you "capital gains".
Andy823
(11,495 posts)But doesn't congress have to be the ones that do that, not the president?
daleanime
(17,796 posts)Let's try remove.
NoJusticeNoPeace
(5,018 posts)lift implies it will go back down someday
excellent point
PoliticAverse
(26,366 posts)daleanime
(17,796 posts)Autumn
(45,120 posts)yeoman6987
(14,449 posts)I'll just be glad when the day comes and my Boss doesn't come out of his office and says well I finally paid all Social Security for the year. Extra money starting next payday. Every year like clockwork.