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EASY-PEASY SOLUTION: ELIMINATE PAYROLL TAX LIMITS.

Exactly.

Lift the cap. Stop chasing immigrants away (in part) so they can continue paying into it. Oh and stop electing Republicans with stupid fiscal policies, tariffs and wars that drive up inflation and interest rates.

So meaningfully tax billionaires, yeah?

is there a way we can help billionaires by addressing this because that’s the only way we will

Why not raise the earnings ceiling to $200,000?

Something happens to the moneys not collected by contributors who never make retirement.

One partial solution: reduce congressional salaries to minimum wage, payable only for days worked tax the billionaires to make up any further needed funds.

People have been predicting that Social Security will run out of money FOR 45 YEARS!

True, sadly. "That's still not enough to completely close the gap, so it would have to be some combination of raising taxes on ordinary workers and raising taxes on the wealthy." Raising the cap just isn't enough to get rid of the shortfall. www.marketplace.org/story/2026/0...

So they pretty much stole our money we've been paying into this whole time. And they want to privatize it after doing that!?!?!

8647 ways to protect Social Security benefits.

All republicans have done this little changes can solve this they want to destroy and privatise

Politicians can find billions overnight to bomb other countries. They don't care about this because it doesn't affect them.

This is reason enough to vote democrat this fall.

There’s instantly billions for everything else. WTF

Social Security was never "raided." Social Security keeps its surpluses in its trust fund, which happens to be a Treasury Bills account with the US government, which is what all creditors of the US govt do. Since 2010, SS has been drawing on the trust fund, aka paid back by the US govt.

Just in time for me, a Gen X, to retire. My retirement plan has never included SS as part of it bc I've always believed SS would be bankrupt/insolvent by then, even tho technically it should not be. Most GenXers will never retire.

Enjoy today kids because tomorrow is gonna suck...

Well we’re screwed then

Well good, but not increasing payments while lifting the cap to the highest income level still only funds half the SS shortfall.

It started paying out more in benefits than it took in in payroll taxes in 2010, the beginning of the end for the trust fund. The trust fund was always SS loaning money to the US govt in the form of buying T-Bills with SS surpluses. This T-Bills account is almost completely paid back now.

It's more credible now bc current admin is looting the Treasury.

Tax the rich MF*ers that are ruining this country. That will fix it.

Tax the rich at 85%. There, fixed it.

Social Security has been required by FDR's Social Security Act of 1935 to lend money to the US govt this whole time. There was never any theft. Social Security just happened to be the US govt's biggest creditor. They've bern paying SS back since 2010, when payouts exceeded payroll taxes.

A scare tactic they roll out literally every single year to try and cut benefits for everybody. Fuck you NPR. What has happened to you? You are pushing complete horseshit 90% of the time now.

What Congress???

There’s always been a simple fix: raise or abolish the cap on the FICA tax. Why should people who make $200k to over a $1m pay a lower percentage tax than those making under $184.5k?

socialsecurity.actuary.org

Unless they want people burning Washington to the ground they’d better figure it out.

lmao, less than seven years? seems like they’ve got a solid plan to just wing it while hoping nobody notices. Congress can’t even pass a budget on time, but we’re trusting them to fix Social Security? good luck with that.

huh, "unless Congress acts"? that’s a big "if." you really think they’ll do anything meaningful in seven years? lol, good luck with that plan. they can’t even agree on lunch.

Such a move would take politicians with back bones. The ones in charge sold theirs to donors- for cheap.

The Rethuglicans borrowed from SS and the 1% needs to pay it back since the MAGA GOP is the party of the 1%. There is always Robespierre.