Mitch McConnell's Plan to Sabotage Social Security From Within

[DENVERPOPS]

44. Actually

most of the wealthy, esp the Uber wealthy don't pay into social security, and therefore don't get anything out.

They don't have what is referred to as "EARNED INCOME" and the SSI only collects from people who EARN income........(wages, salary etc)

The rich mostly have investments and capital gains which are not considered Earned Income. And the Republicans have succeeded in having capital gains taxed at a much lower rate than earned income.

I remember what I was watching in the 1980's and screaming my head off, but few were listening.......I was watching Reagan, (actually HWBush and cronies were the ones TRULY running the Reagan Years) It was hysterical......First HW had Reagan pretend he was going to SAVE SSI.......he literally DOUBLED the withholding from 7.5% to 15%..............The massive increases started showing up on the Federal Gov't's balance sheet........So then, HW (Reagan) Republicans passed HUGE tax cuts to the wealthy because they used that increased money coming in to say the Federal Government was taking in much more than was needed. It was truly a double whammy to all, esp the middle class. The middle class lost an additional 7.5%, and the upper classes got Mega tax cuts.................

That little escapade was only one of many I could name just off the top of my head like destroying the Unions.....All aimed directly at destroying the Middle Class.

I have often said, that the perfect title for a book about the past 45 years would be: WHILE THE NATION SLEPT