ELIMINATE THE CAP & SS is not a retirement plan
Posted in the Social Security Forum
#1 Aug 6, 2011
Can we please eliminate the cap on income subject to Social Security tax? For 2011 is was $106,800. Isn't it a bit ridiculous that no contributions are made after this amount? Also, will people stop acting like social security is a retirement plan. People bitch about those who get welfare, but will threaten anyone who objects to their receiving ss benefits. The principle is basically the same. SS was designed as insurance against poverty in old age, not as a piggy bank. The elderly should have demonstrated that "wisdom" that they are so fond of displaying years ago and SAVED for retirement. Quit bitching seniors...unless you love "socialism." Thats what you're getting...money from a socialist idea. Also, don't ever call an ambulance, cop, use the post office, emergency room, go to a library, take any form of public transportation, use any service not provided by a private company, AND...don't forget to surrender any credentials your earned from a public education...its all scary socialism!
#2 Nov 25, 2012
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