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jgmiller

(716 posts)

24. I completey agree they should remove the cap

Thu Jun 11, 2026, 12:23 PM

Jun 11

Anytime removing the cap comes up all I ever hear is that the rich don't want it and while that is true I don't think that's the main blocker. You paid double for 40 years because you were paying the employer half too which is far since the law is that we pay half and our employer pays half and you were your own employer. That's the main blocker though, companies don't want to pay the other half past the cap, that's a massive amount of money they would have to dish out.

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Four senior senators express alarm, push for 'hard' Social Security votes [View all] BumRushDaShow Jun 11 OP

no awards for moral courage for this bunch after ignoring the problem for years msongs Jun 11 #1

No, but probably only lame ducks felt free enough to do this DFW Jun 11 #3

But removing the cap technically isn't raising taxes, it's just adjusting contributions. nt in2herbs Jun 11 #18

To anyone who would have to pay more of their paycheck than they do now DFW Jun 11 #30

They're not all lame ducks. ShazzieB Jun 11 #26

The obvious simple solution is to raise or, better yet, remove the cap on income levels... GReedDiamond Jun 11 #2

I paid double the SS for nearly 40 years being self employed years ago Bengus81 Jun 11 #10

Exactly, Thune always has a mealy mouthed response/retort... IthinkThereforeIAM Jun 11 #19

I completey agree they should remove the cap jgmiller Jun 11 #24

I think the obvious solution is to not be simple DFW Jun 11 #4

Most of these people are so wealthy they would not miss this money. travelingthrulife Jun 11 #6

They might have to pay for a tank of fuel for their 400' yacht Bengus81 Jun 11 #11

Right, none of them are going to be faced with eviction or have their diet changed... IthinkThereforeIAM Jun 11 #20

The other solutions all are politically unpopular. SamuelAdams Jun 11 #7

Do what we do for all of the wars -- borrow. Also, Obama managed to extend the date by a year. Nt lostnfound Jun 11 #9

Bush like Trump wants SS privatized so some bud of theirs can get hold Bengus81 Jun 11 #12

Social Security Trustees are all MAGA Kid Berwyn Jun 11 #5

And that was intentional... IthinkThereforeIAM Jun 11 #21

Project 2025 is MAGA for Urinary Executive (Trickle Down Forever) Kid Berwyn Jun 11 #23

What a waste to work for 45 years and to spend money helping those who needed it lostnfound Jun 11 #8

(a percent of which comprises the revenue). mdbl Jun 11 #15

100% could come from wages, if wages had kept pace with productivity or with CEO pay lostnfound Jun 12 #37

Maybe the 4 Senators can come up with good ideas Buddyzbuddy Jun 11 #13

REMOVE. THE. CAP. TygrBright Jun 11 #14

Exactly, let everyone pay the same percentage on their Payroll Tax obligation. It is simply a huge gift to the Exp Jun 11 #27

Precisely! CoopersDad Jun 11 #33

Experts like Paul Krugman say vary affordable fixes are available to keep SS solvent. Republicans insist on holding SS Martin68 Jun 11 #16

There is no "solvency" issue. It is bullshit. valleyrogue Jun 11 #17

It's like saying the USPS loses money. Bullshit. nt. druidity33 Jun 11 #31

"3 of the 4 won't be there next year, not just Cassidy and Tillis but Durbin too." Wednesdays Jun 11 #22

"And what are they going to do when The Felon vetoes their bill?" BumRushDaShow Jun 11 #25

It's not hard ...get rid of the cap or make the donut plan JT45242 Jun 11 #28

During COVID in 2020, I bought a house. mnhtnbb Jun 11 #29

Are you also making 2X monthly payments? CoopersDad Jun 11 #34

No, right now short term interest rates mnhtnbb Jun 11 #36

Eliminating the payroll cap would solve the problem. Any Democrats who suggest anything else are not Democrats. Dangling0826 Jun 11 #32

Gee whiz Katcat Jun 11 #35