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View Diary: Why Now is the Time to End the Social Security Tax Loophole (87 comments)

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  •  It would be possible (2+ / 0-)
    Recommended by:
    SilentBrook, voicemail

    to both raise the wage base and cap benefits.

    "Well, I'm sure I'd feel much worse if I weren't under such heavy sedation..."--David St. Hubbins

    by Old Left Good Left on Tue Mar 26, 2013 at 02:25:37 PM PDT

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    •  What would you call it then? NOT Soc Sec (4+ / 0-)

      because you've designed a completely different welfare program.

      Too late for the simple life, too early for android love slaves - Savio

      by Clem Yeobright on Tue Mar 26, 2013 at 02:36:03 PM PDT

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      •  Silly (0+ / 0-)

        I think they tweaked the wage base under Reagan, right? Did they have to change the name of your welfare program? If you raise the wage base and benefits, but decrease the "multiplier" for benefits as the wage base goes up, it's a modification. Most of us would still call it Social Security.  

      •  The corporate kleptomaniacs have (1+ / 0-)
        Recommended by:
        Calamity Jean

        for the past thirty years, stolen all productivity gains.
        No one, in crafting SS, expected the sociopaths that run corporations to abscond with all productivity. It was expected wages would keep pace w/productivity gains.

        Now some people feel that by requiring those klepto's to return some of their stolen gains by contributing to SS above the current cap would be wrong.

        What about the welfare these corporate terrorists have stolen for the past thirty years. It's time the cap was increased and in no way would that be turning SS into welfare.  The klepto's have been on welfare for too long and some people here think that doesn't matter or shouldn't be considered in the equation.

        "I freed a thousand slaves, I could have freed a thousand more if only they knew they were slaves" Harriet Tubman

        by BrianParker14 on Thu Mar 28, 2013 at 08:40:14 PM PDT

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    •  I'm not sure that turning the upper-middle class (2+ / 0-)
      Recommended by:
      coffeetalk, Clem Yeobright

      and the wealthy against SSI is good for the program's long-term stability.

    •  Means testing is welfare, from a legal standpoint (1+ / 0-)
      Recommended by:
      Clem Yeobright

      I just think that the 2033 is unrealistic. SO lets create jobs and raise the min wage instead.

      In the Trustees low cost scenario, SS is good thru 2090

       photo SStrustees2090-1.png

      ...... 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 Tue Mar 26, 2013 at 07:49:32 PM PDT

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