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Elyse Fradkin's avatar

The trust fund was set up to deal with the abnormally large boomer generation. It wasn’t expected to hang around much beyond them. Then the program goes back to being an intergenerational transfer program. We should definitely lift the cap, and I’d like the actuaries to calculate how much more Social Security would have if the lowest wage workers had been earning more the last 40+ years.

RaidaDave's avatar

The capitulation for SS tax needs to be raised. The majority of Americans fall below the current cap. The rich need to be paying their share of the load.

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