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New Social Security bill
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<blockquote data-quote="vantexan" data-source="post: 5903801" data-attributes="member: 24302"><p>He's not talking about everyone getting higher benefits. He's asking if a guy making half a million a year gets SS taxed on the entire half million does he get a much higher SS benefit when he retires? </p><p></p><p>By the way if you remove the cap and tax all income, then turn around and give everyone a much higher benefit then you're not any better off than before. Still will go insolvent. And depending on how much you increase benefits you may end up crashing the system sooner.</p></blockquote><p></p>
[QUOTE="vantexan, post: 5903801, member: 24302"] He's not talking about everyone getting higher benefits. He's asking if a guy making half a million a year gets SS taxed on the entire half million does he get a much higher SS benefit when he retires? By the way if you remove the cap and tax all income, then turn around and give everyone a much higher benefit then you're not any better off than before. Still will go insolvent. And depending on how much you increase benefits you may end up crashing the system sooner. [/QUOTE]
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