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Thinkingabout

(30,058 posts)
Sun May 17, 2015, 07:21 PM May 2015

I like what I read in this plan for Social Security, it would be good.

We would then amend the Social Security benefits formula to slightly increase retirement payments for those with average lifetime earnings less than $55,000 a year, while slightly decreasing them for those who earned more. To build retirement wealth, there would be a new, deficit-neutral revenue stream to seed retirement accounts for workers younger than 30, so they can begin accumulating private savings early.

And finally, on the revenue side, we would extend the payroll tax to those earning up to $190,000 annually — up from $106,800. -


See more at: http://perspectives.thirdway.org/?p=934#sthash.JDunNqaX.dpuf

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I like what I read in this plan for Social Security, it would be good. (Original Post) Thinkingabout May 2015 OP
An extension of the "payroll tax" up to $500,000-$1,000,000 would pay for healthcare. Dont call me Shirley May 2015 #1
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