If rich people had to pay the same percentage of their income to Social Security as poor people, social security would be fine.Social security and Medicare, both progressive policies and both very good for the people of this country... the VA, a progressive government program and very good for our vets. Many more out there but we don’t have all night... you should stop with the partisan rhetoricThe bottom line is that left-wing ideology is built on lies and myths.
Asking why a left-winger lies, is like asking why a snake bites.
It's what they do.
Honestly if they didn't lie, they wouldn't be able to rationalize their support for thousands of terrible policies that have never worked in human history.
So lets look at the facts, rather than your opinion.
Trustees Report Summary
Social Security’s total cost is projected to exceed its total income (including interest) in 2020.
When Social Security was created, it was a 1% tax. Now it is a 15% tax, and still going broke. Not only that but the average monthly benefit from Social Security is barely $1,400 a month, meaning 50% of all recipients are getting less than that.
That same amount of money flushed down the toilet of Social Security, if invested in real assets, would result in most people with a half million, to a million or more by retirement. Instead they are living in poverty, most being forced to work menial jobs to make ends meet, and still bankrupting the country.
The people of Greece said the same thing about their pension system, until their country imploded.
You people are a joke. You keep everyone impoverished at the low income levels with your 15% tax, and then keep them impoverished in their old age with your McJob level Social Security benefit, and then are ignorant enough to think you are helping people. You guys are like the abusive husband, hitting his wife over saying "You should be thanking me!".
Rich people only pay on the first $132,900 of income. Then they don't pay anymore.
Because what would happen if nobody protected the rich people? They would starve.
But here's the problem with that... Do you believe that you should get out what you pay in? Because this is supposed to be a pension fund, right? So would I pay in $10,000 into my 401K, so I could get back $5,000? Would you?
Do you think that is right, to take your money, and give no compensation?
No. Of course not. You would be infuriated by that, and you know it. (and rightly so)
Social Security has a maximum benefit. Why would I pay into something, more money, knowing I wasn't going to get more back?
Well I wouldn't. Is that not the definition of immoral to take people's money, supposedly for retirement, and then give them nothing in return? Of course.
So.... unless you want to be an evil dictator, you have to give those people that you are taking more of their money for social security, more benefits at retirement.
If you do that, then the problem has not improved.
And by the way.... the moment that you do that... the moment that you jack up the cost of Social Security without giving comparative benefit..... if you can elect a politician who will do that to someone else..... someone else will elect a politician who will do that to you.
It's like screwing a man who is already married. If he can cheat with you, then he can cheat on you.
If you find some politicians to screw someone else over.... it's just a matter of time before someone elects people who will screw you over.
Don't go that way. Bad idea.