We all know that we pay into social security with every paycheck. Did you know that there’s a cap? Anyone who makes more than $185k stops paying the soc sec tax after they’ve contributed ~$11,500 for the year. Why are we voluntarily refusing additional revenue from those who can most afford to pay?
The last time they reformed Social Security, they knew that the baby boomers existed. They knew that fertility rates were dropping. What they did not know is that income inequality would explode. Listen to @socio-steve.bsky.social explaining the details to @sjshancoxli.liberalcurrents.com today.