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magellan

(13,257 posts)
21. Why shouldn't it be calculated the same way it is for everyone else?
Wed Jan 9, 2013, 04:18 AM
Jan 2013

The more you put in, the more you get out. It's always been this way afaik, and I'm sure the same discussions occurred in the past when the cap was raised a lot in one go.

Yes, many of us have been saying this for years... Tumbulu Jan 2013 #1
I've Posted This Thread Each Time A Discussion Comes Up Here On DU About "Raising The Cap".... global1 Jan 2013 #2
Absolutely! My Good Babushka Jan 2013 #3
Thanks for posting that perfectly sensible solution Auntie Bush Jan 2013 #4
put more people to work madrchsod Jan 2013 #5
Require all companies that have employees outside the USA to pay LiberalFighter Jan 2013 #14
At a living wage reteachinwi Jan 2013 #30
+1 leftstreet Jan 2013 #31
and require people who live off investment income to pay into SS BainsBane Jan 2013 #6
Eliminate the cap all together, and make capital gains pay SS too. Tax all income as regular $ Vincardog Jan 2013 #7
Do Both louis c Jan 2013 #8
I would suggest the SS & Medicare tax on capital gains and dividends LiberalFighter Jan 2013 #17
For 25 years, you don't have to do anything at all. AtheistCrusader Jan 2013 #9
Sure, but only if you raise the benefit cap. Indydem Jan 2013 #10
Right. I think I may have seen you post this pangaia Jan 2013 #16
No, I don't want to raise the benefit cap louis c Jan 2013 #24
That is a terrible idea Indydem Jan 2013 #25
Hate to break it to you but higher earners (those between about $55K-$110K ) already exboyfil Jan 2013 #28
If it is a redistribution of wealth, then it is a good idea louis c Jan 2013 #39
There is no benefit cap FogerRox Jan 2013 #43
Ok as long as the benefit is the same for everyone. Same $ amount for every recipient Vincardog Jan 2013 #33
The benefit payout structure is already tiered. Sirveri Jan 2013 #35
Take it up to $400K Gman Jan 2013 #11
Then tie tax rate and tier growth to top quintile income growth. Sirveri Jan 2013 #36
Perfect Gman Jan 2013 #38
Would you then increase monthly SS checks commensurately? golfguru Jan 2013 #12
So, my mother in law who never worked SalviaBlue Jan 2013 #13
if your mil gets SS, it's because her husband *did* work. HiPointDem Jan 2013 #15
I know. SalviaBlue Jan 2013 #19
both my grandmothers never worked and they received ss and medicare madrchsod Jan 2013 #18
Your mother-in-law is probably in the same boat as my mother golfguru Jan 2013 #20
Why shouldn't it be calculated the same way it is for everyone else? magellan Jan 2013 #21
Because FDR didn't want SS cutting $10,000 checks every month to millionaires in retirement. Selatius Jan 2013 #23
The program payouts are progressively tiered, you only get 10% back above a certain point. Sirveri Jan 2013 #37
SS benefit checks are already progressive, but not quite flat golfguru Jan 2013 #40
I doubt it seriously Oilwellian Jan 2013 #41
Pity is your word, not mine golfguru Jan 2013 #42
Not exactly exboyfil Jan 2013 #29
the benefit is the same for everyone. Same $ amount for every recipient. The rich don't need Vincardog Jan 2013 #34
Yes, but... PoliticalPizza Jan 2013 #22
If I made $200K, I would not mind paying SS on all $200 liberal N proud Jan 2013 #26
If I remember correctly MrYikes Jan 2013 #27
It's not "insolvent" and can never be "insolvent" duffyduff Jan 2013 #32
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