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Musk targets Social Security with blatant misinformation
In the 1980s, the SS payroll tax was increased from 10.16% to 12.4%. It's time to increase the rate again. Since the ratio of people paying to people receiving SS in 2024 is 2.7:1, the longer Congress waits, the worse the problem. Congess is not forward-looking. We need a POTUS who speaks out about these issues. -
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Musk targets Social Security with blatant misinformation
Yes. If you wanted to really press the point, you could go back to the 1980's when the issue was critical. Allan Greenspan had the commission on funding. It's easy to blame politicians though. Every time they want to reform, people come back and complain that they won't contribute more or accept reduced payments. maybe it's time for the US population to put on their big boy pants and deal with the issue and accept the changes of increased contributions and/or limited benefits. -
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Musk targets Social Security with blatant misinformation
It can be said. The trust fund is nothing but IOUs. This means the federal government makes up the difference via more debt or from the general fund.- 1
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Musk targets Social Security with blatant misinformation
This started in 2010. It's been over 14 years, and Congress has not addressed this problem. https://www.pgpf.org/article/lawmakers-are-running-out-of-time-to-fix-social-security/
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