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View Diary: Stop it, stop saying Social Security needs reform, you are a Democrat, right? (333 comments)

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  •  Ok raise the cap to 90% income percentile (2+ / 0-)
    Recommended by:
    worldlotus, indie17

    right now the income cap is at 84%.

    About a 20% COLA.

    Repeal income tax being paid on SS benefits.

    Removing the cap is a can of worms, it creates a 14k check for some uber rich person, if you cap that benefit, you just made welfare, and the EITC was passed to reward work by making FICA less regressive.

    ...... Social Security blogathon March 25th thru March 29th. #HandsOffmySS FDR 9-23-33, "If we cannot do this one way, we will do it another way. But do it we will.

    by Roger Fox on Mon Mar 04, 2013 at 03:43:31 PM PST

    [ Parent ]

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