leftwinger
Diamond Member
it ain't that easy is it? IF you contribute more........then that person gets bigger payout, right? So if someone pays in up to 1mil.........they get 10K/mo? is there any savings? If the guy get nothing out of it then this is a TAX increase on the wealthy. right?
Maybe they need a MAX payout per month?
?????
Social Security has always been capped,
Benefits Planner: Maximum Taxable Earnings (1937 - 2015)
Third post by me to try to get point across: We all know it SSI pay - In amount is capped (always).
What you get back is based on how much you put in. If you keep paying in up to 1mil then that guy will get a huge monthly check. defeating your purpose, correct? why is this so hard to say?
Give me and EXPERT so explain what i mean. My freakin' RINO hoofs are chapped!
So if you lift this "cap" you may have to adjust payback amount for those persons?
Their idea is to lift the cap but not pay anymore out to those who paid the most. That's the way liberalism works: put it on the shoulders of the wealthy.
OH, I see. What is this magic MAX PAYOUT per month? I have not seen this figure if it exists now.