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(17,385 posts)

18. Benefits are already capped. Nt

Tue Aug 28, 2018, 07:30 AM

Aug 2018

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Why is there a ceiling on wages subject to SS & medicare withholding? [View all] discntnt_irny_srcsm Aug 2018 OP

Gee Oh Pee. n/t rzemanfl Aug 2018 #1

Because the people who don't need it make the laws. shraby Aug 2018 #2

Social security uses a bendpoints formula to figure payouts Yupster Aug 2018 #8

That sounds reasonable.. honest.abe Aug 2018 #11

Indeed. If that cap was lifted it would make social security drray23 Aug 2018 #4

Actually, unless you cap the benefits, even that doesn't resolve Hoyt Aug 2018 #5

Thanks, I stand corrected on medicare discntnt_irny_srcsm Aug 2018 #10

Benefits are already capped. Nt lostnfound Aug 2018 #18

If the ceiling on wages is raised enough, Congress KCDebbie Aug 2018 #6

The Cap only applies to SS, not the Medicare deduction leftieNanner Aug 2018 #7

Thanks For That ProfessorGAC Aug 2018 #20

Yup. Lift the cap, problem solved. onecaliberal Aug 2018 #9

Yeah, it's the golden rule discntnt_irny_srcsm Aug 2018 #15

Because rich people run the U.S. left-of-center2012 Aug 2018 #13

'cause rich people write the laws shanny Aug 2018 #14

Regarding social security, that was FDR's purposeful design eallen Aug 2018 #16

because it is basic insurance. no more, no less. mopinko Aug 2018 #17