Our OK US congressmen don't pay their fair share

Posted in the Coweta Forum

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1 - 3 of 3 Comments Last updated Feb 5, 2013
madashell

Tulsa, OK

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#1
Feb 4, 2013
 

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every one makes over the cap that they don't pay Social security on, every one a repuke, some are millionaires,millionaires don't pay FICA taxes but want to privatize and raise the retirement age to seventy whereas many will die before they can draw their SS, that is the way they will fix SS as many will die before 70 and never draw a nickle, I say eliminate the 110,000 dollar cap then they will pay their share

Since: Jul 10

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#2
Feb 5, 2013
 

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madashell wrote:
every one makes over the cap that they don't pay Social security on, every one a repuke, some are millionaires,millionaires don't pay FICA taxes but want to privatize and raise the retirement age to seventy whereas many will die before they can draw their SS, that is the way they will fix SS as many will die before 70 and never draw a nickle, I say eliminate the 110,000 dollar cap then they will pay their share
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It's more like $114,000 Cap, but if it is raised then maximum benefits amount will have to be raised for those who pay in more.

However, the Cap is going up, as is the age to be eligible to draw. Some will be effected more than others by age increase. Most of those not living long enough to draw social security will be black males.
madashell

Tulsa, OK

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#3
Feb 5, 2013
 

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we have 535 members of congress, their are many, many that are millionaires, Coburn is worth about 20 million or more,. who knows? have you ever heard one of those guys that mentioned raising the cap? hell no , but they will raise the retirement age to 70, most of my brothers and many I worked with died before age 70, Social security has not had a Cola raise in two years and their is a cap on the top brackets FICA will pay

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