Post

Quick fix: Increase the MaxTax. Currently, only the first $184k of *wage* income is dinged for SocSec. Employees earning that income pay about $11k into SocSec. But Musk, Bezos, Zuckerberg, etc. also pay only $11k. There's a fuckload of "room" to raise that threshold & increase funding.

It's simple logic really. Trump fucks with social security and it's death to him and his circus he calls an administration. Probably a beating by walkers and canes..........there's close to 85 million of us.

No fuk'n kidding. All the money went to the 0.001%. Maybe it's time to take it back. They bribed politicians to get it, so it's yours for the taking. Be careful, they don't like giving up the proceeds of their crime... and they own the police and military, and have private armies.

real question tho -- if Congress has known about this 2033 cliff for YEARS, why does every fix only get discussed in crisis mode? and who exactly do they think is gonna absorb a 23% cut? not the folks with pensions, that's for sure

The only reason that Social Security is even facing insolvency is because the Legislature refuses to remove the income cap they created at the behest of what is now the billionaire class! This is a direct result of Reaganomics, let's cut taxes on the rich and it will rain down on everyone else.

Sorry to break the news, most people don't like golden showers, we don't like being pissed on by people using us a pawns!

The Social Security funding class is essentially temporary due to a large generation going into retirement. It's an easy fix. So aren't the confusing rules etc. Republicans don't want to fix it. A program globally recognized for keeping seniors from abject poverty and they want to kill that program

It'll be there if you want it to be. Speak up. They said the same thing when I was young. Dump Trump and his rich cronies. They don't care about you.

With so many people paying into this fund their entire life and then dying either right before collecting anything or shortly after starting to collect you have to wonder where all of their money goes. Yes, and remove the cap!

Imagine Social Security as a person. The Republican Party has been shooting this person for 40+ years and saying, “Look, they’re dying.” If you want Social Security to survive, and the vast majority of us do, vote blue!

The US has always paid it's debts. The SS trust fund, having paid current benefits from contributions, must invest any surplus in US Treasuries, deemed the safest investment, by law. If the fund needs cash, it redeems some treasuries, just like anyone else in the World holding US securities.

Raise the cap. AND get rid of the wasteful spending on "the BALLROOM" the *gifted* JET, the planned TRUMP ARCH, painting the GRANITE Eisenhower building.... In other words, raise the cap and 8647

Happens when Congress sees Social Security as pot of gold to be stolen from whenever they want and won't put back what they have taken....they have had DECADES to plan for boomer aged care and did ZERO! So save us the wringing of hands and the lies...FIX this even if you have to tax the billionaires

Why isn’t Forbes talking about how Ronald Reagan tapped Social Security funds to help finance tax cuts for the rich after rolling back Franklin D. Roosevelt’s marginal tax rates? Or how George W. Bush drew from that same fund to finance two illegal wars and never restored the money?

Lmao I have heard that from Americans for 50 years, you still vote to make the rich richer! That will never change because 95% of Americans are delusional, you will never be rich or just ok if you keep voting for Republicans. Look at Republicans states and the poverty they have!

As someone who waited until 70 to collect my earned Social Security entitlement (on the advice of the Social Security Administration I might add), I'll likely have my Social Security cut. I would have been better off starting to collect at age 62 - the government never keeps its legal mandates...

If the government didn’t dip into the fund to borrow and not repay; if they raised the income cap to $250,000; if billionaires paid their fair share of taxes; if corporations didn’t get so many loopholes…this wouldn’t be a problem. But middle and lower class salaries bear the brunt of it all.

Stop manufacturing consent for your rich investors, and pay your goddamn taxes, Forbes. There, problem solved.

Tons of people don't even know about the cap. Don't say "raise the cap" without explaining "Raise the cap on income subject to Social Security (FICA) tax, currently $184,000. Raising or eliminating the cap can help save Social Security."

I’ll do you one better, remove the cap. Most working Americans would never notice because their income doesn’t hit the cap anyway.

How about we stop funding ballrooms and personal vanity projects, unessary wars, spending hundreds of millions on golf weekends, and requesting billions for illegal city occupations. Those funds could surely shore up the program.

Couldn't be that little problem where those making 200K and above pay the same maximum SS tax as someone earning 100+K, could it? How has THAT not been changed in all these years? Then, again, the Feds also have their minimum wage the same low number it's been since 2009...

I suspect Congress will eventually address this at the last minute with a fix that will be far more painful than it needed to be, had it addressed this earlier.

Scrap the payroll tax cap—problem solved. But the framing is always about cutting benefits or raising the retirement age, never about taxing the wealthy who hoard so much. It's a political choice to keep us anxious, not a funding cliff

Oh, they’ll get their grubby little mitts on Social Security, too. Banks have been salivating over that prize ever since it was introduced.Steal it all and watch elderly folks die in the street like they disdain all impoverished and homeless people without losing any sleep over it. Unless we stop it

Ever Notice That The Rags That Cater To The Upper Class, All Are Constantly Putting Out Doom And Gloom Articles About Social Security And That Several Other Sources Put Out Articles That Say Social Security Is Going To Be Just Fine?...Why Do You Suppose That Is?...

If we properly took the money the billionaires have been hoarding by buying all our politicians, we would have plenty to fund social security, healthcare, education, trains, roads, and still have some left for the Military Industrial Complex. Maybe we should go get our money from those crooks.

Trump wants to give OUR social security fund to Blackrock to invest. This regime had a meeting w/ Blackrock bc they are "worried" about social security. WTF! They charge astronomical fees and will more than likely steel our money using it as a slush fund for themselves. Raise the cap. Problem solved

LMAO white rich Americans hate children and seniors, they only tolerate 18-65 for cheap labour 🤣 Americans suck at voting for anything that helps them, but damn good at voting to destroy themselves,this is what happens when you let Republicans defund education!

My anxiety grows bc - -Project 2025 goal to eliminate SS - Republicans created the “funding cliff” cover story #taxtherich -they’ll say we also can’t afford it bc of the unchecked spending of our $: $1 B on ballroom, wasting billions daily on a useless, already lost, war that’s now a quagmire,etc

The reason this is even a topic is George W Bush BORROWED trillions from the SS Trust fund Conservatives have been trying to wreck social programs since their inception. But Americans are having NONE of it. Other than billionaires + a handful of right wing nut jobs NO ONE is buying conservatism

“Probably the politicians, after exhausting all other possibilities, will do what's right,’’ Probably, if I plant these magic beans, a beanstalk will grow way, way up into the sky, and I can climb it and live with the giant and not have to deal with this nonsense any longer.

Billionaires pay into SS on every dollar, not just the first $140,000, and solvency would never be a problem again. This is not hard. Apparently, finding the political will to use common sense to solve complex problems is what’s missing

Maybe you did not see that Ted Cruz stated that Trump's Saving Account is a back channel way that REPUBs will use to destroy Social Security. The process of defunding Social Security has begun. Why isn't the media noticing?

This is bullshit! The fund was set up 1983 by Reagan for baby boomers retiring in droves until the last one dies in about 2035. Then SS goes back to the "pay-go" it was before Reagan. Just eliminate the damned cap. Forbes has been pushing the "benefit reduction unless we privatize" crap for years.

This is a lie. SSA is an incredibly well-managed private insurance for the common man. No embezzlement by bankers, no manipulation of benefit payments. PAID FOR by citizens and no dragon-pile rich profits skimmed off the top.

Tax those effing billionaires to extinction. $1B is 1,000 $1M. They should be content with $100M, not $1000M. $1B interest at 1% garners $100M per year, passive income. That money disappears from the bottom... How long can we last with the $ stream upward?

I’m worried about my Social Security. I’m more worried about my retirement fund. I believe Trump is going to bankrupt this country and leave us in an even bigger depression than the great depression.

I’m 71, and have been on Social Security for about 2 1/2 years. Switched all the money in my 401(K) to bonds until Trump is gone. I would rather have a smaller return than have it all disappear. Not that I put anything past Trump, including causing a depression.

If Social Security takes in more revenue than is needed to pay current benefits, it is required by law (since 1937) to invest that excess in Treasury bonds. Money paid for those bonds goes into the general fund. Money in the general fund can be and is used for all government activity that has been

authorized by Congress if Congress also appropriates funding for that activity. All presidents. All Congresses. All activities. The principal on the bonds has always been repaid upon maturity and the bonds have generated hundreds of billions of dollars in interest for Social Security.

Thank you for the info. Here is something I found: Special-issue Treasury bonds held by the Social Security Trust Funds are redeemed, or mature, on an ongoing basis as needed to pay benefits, rather than on a single date.

YOU HAVE GOT TO BE KIDDING ‼️‼️‼️ SOCIAL SECURITY HAS BEEN LOOTED BY BILLIONAIRES SINCE THE 80’s UNDER REAGAN‼️ NOW SSA, SSI MEDICARE AND MEDICAID HAVE BEEN DOGED BY MUSKETEERS. IT’S EMBEZZLEMENT AND MONEY LAUNDERING BY BILLIONAIRES. FIXED IT FOR YOU ‼️

How about this, fund it properly, remove the earnings cap so the wealthy pay their share, and simply rules to treat it what it is, a pension fund. Also, for Congress, apply fiduciary liability rules and law to them to ensure they understand true pension management responsibility.

Appropriate the ultra wealthy's assets since they refuse and actively scheme to not pay their fair share. I make about 33k a year and I had to pay federal income tax. End stage capitalism is a cancer on the human race

Literally, the single most well-funded and easily managed wealth fund in the entire world is being endangered by the same people who brought you Occupy Wallstreet, "Black Friday" stock market crash, the Housing bubble, the internet bubble, the Oil bubble, the SnL bubble and the Ai bubble

Notice that the list of "solutions" does not include the one thing that would fix the system: ending the income caps on the social security tax. Forbes, of course, is all about the rich folks, and they are the ones who pay more. Nice try, Forbes! 🖕

Stop it! The billions spent daily on a war of choice. Billions for a ballroom/swimming pool/arch/retrofitting a 400 million Qatari plane, billions for a private J6 army to murder Americans. Dems better spend every fucking dime in Fort Knox for healthcare, social security, environment and more

No anxiety here. When we hit retirement age, we WILL be collecting SS Retirement benefits. If the magats/trumplicans/republicans try to steal OUR $ & not pay US, suffice it to say that wouldn’t be smart, but they are a very dumb lot.

50+ billion for trump’s sex crime cover-up war, 1+ billion for trump’s vanity project ballroom, millions to paint a pool blue, millions to fly trump to play golf several times a month, 200k+ for noem’s propaganda film, a plane for malaria, etc. Y’all can just STFU about SS now.

I'm pretty sure I didn't donate a portion of every paycheck for 43 years just so the government could use it as their own personal slush fund and then try to vilify me for wanting it back. I want my $ back, with 43 years' worth of compound interest.