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View Diary: Why do Republicans hate Social Security? (218 comments)

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  •  FICA isn't a tax, it's an insurance premium (2+ / 0-)
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    Sparhawk, Norm in Chicago

    Ands unlike taxes, where any benefit you get by paying them is abstract, FICA leads to a direct money payment in the form of SS benefits - a payment which, by being regressive with contribution, is vastly more generous to low-end earners than a progressive contribution scheme would be.

    Similarly, since FICA is flat and is applied to all wages, as far as wage pressure goes, those wages might as well not have existed in the first place; as such, it's not discriminatory to the poor.

    Making FICA progressive would devalue the fundamental moral component - you get the benefit because you made the contribution.

    Non enim propter gloriam, diuicias aut honores pugnamus set propter libertatem solummodo quam Nemo bonus nisi simul cum vita amittit. -Declaration of Arbroath

    by Robobagpiper on Fri Sep 23, 2011 at 08:57:18 AM PDT

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    •  It's already progressive. (0+ / 0-)

      You get a better return if you make 10k a year than if you make 100k.

      "I'm tired of hearing that it's "pragmatic" to support positions that most people oppose." RFK Lives

      by JesseCW on Fri Sep 23, 2011 at 10:32:50 PM PDT

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