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View Diary: Why Aren't We Talking About EXPANDING Social Security and Medicare? (273 comments)

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  •  More Funding for Them (1+ / 0-)
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    Troubadour

    I want more funding for them. To get that I want to add the payroll tax to tariffs on all products made elsewhere and sold here. I also want to see the employer (but not the employee) part of payroll taxes increased by about 50%. (It's about 7.6% now, so it would go to about 10% with my proposal.) This is to compensate for the increased worker productivity that has gone into profits but not wages.

    Then I'd like to see the cap on payments into the Social Security fund lifted for all earned income. Most billionaires work for a living. They should pay for retirement like everyone else.

    These are fair, economic proposals that should be done independent of any negotiation on the deficit. They are just things that should have been done a long time ago to strengthen retirement.

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