We should appropriate 75% of the wealth of every person with a net worth over like $100-MM. short of that, remove the cap on FICA.
This is a shitpost
Submitted 1 week ago by nutbutter@discuss.tchncs.de to [deleted]
https://files.catbox.moe/e8ssua.jpg
Comments
Gates9@sh.itjust.works 1 week ago
Draegur@lemmy.zip 1 week ago
Shitposts can tell a little truth, as a treat.
FiniteBanjo@feddit.online 1 week ago
It’s not true, though, because lawmakers don’t pay social security. Taxpayers do.
yakko@feddit.uk 1 week ago
Ah yes, antisocial insecurity
SnotFlickerman@lemmy.blahaj.zone 1 week ago
iThinkDifferentThanU@lemmy.world 1 week ago
It’s funny cause all those who’ve paif in and passed away without kin and all the people working under fake ID’s alias paying in legit, yet never collecting. I bet if one does the math its an unaccounted for surplus
Rhaedas@fedia.io 1 week ago
Could be, but there's also population growth. It's not really a surplus if it's an ongoing balance between incoming and outgoing with an above zero balance that fluctuates. You don't want it to dip below zero.
folekaule@lemmy.world 1 week ago
This is literally how all insurance works. Everyone pays into a pool to help the individuals that need it, knowing it could be them. Ideally, government insurance doesn’t also make a profit.
Social security isn’t a piggy bank. That’s what retirement savings are for.
Amnesigenic@lemmy.ml 1 week ago
Social security literally just is collective retirement savings
folekaule@lemmy.world 1 week ago
Honest question: how is it different from de facto insurance when you don’t get to withdraw everything you put into it, or pass it down when you die? I would like to know where my understanding of it is incorrect.
Rhaedas@fedia.io 1 week ago
The last part is exactly what they want you to think. It WAS meant to be sufficient, but that would have cost someone else, so they invented the idea of people taking care of themselves with the 401K invention. Now when your SS doesn't mean your needs, they can point and say, well, you should have saved up better.
There used to be company pensions too, but they've slowly eroded away as younger people entered their jobs. My job gave me the option years ago of keeping the pension going or converting it to a secondary 401k that would earn lots of money, promise. I said hell no, give me my pension.
folekaule@lemmy.world 1 week ago
But isn’t thay the reality now? Even though it wasn’t meant that way, it has been changed over the years. I’m genuinely curious. I’m not saying it should be that way, just that my understanding of how it works was that you can’t expect to get your deductions back.
FinjaminPoach@lemmy.world 1 week ago
They do owe me social security, actually. Pay up, kier starmer
SnarkoPolo@lemmy.world 1 week ago
I’m collecting, along with my state pension.
FiniteBanjo@feddit.online 1 week ago
Incorrect. Taxpayers owe the government Social Security. You think lawmakers pay you their own money?
Semi_Hemi_Demigod@lemmy.world 1 week ago
Like I’m ever getting social security
Not_mikey@lemmy.dbzer0.com 1 week ago
Social security insolvency is a myth perpetuated by the rich. Social security is sustainable if we just raise the cap so income over ~200k gets taxed as well. The rich want to make it seem like this isn’t an option and that social security going bankrupt is inevitable and the people just need to accept that and move on.
Don’t accept the myth, only accept what your owed.
Semi_Hemi_Demigod@lemmy.world 1 week ago
SS insolvency is not related to whether or not I get it. The government can just say “fuck you” and unless I’ve spent a trillion bucks a year on bombs for 40 years there’s nothing I can do.