General Discussion
In reply to the discussion: Let me explain one way you are about to get screwed by Obama's $250K tax break? [View all]HiPointDem
(20,729 posts)$100K to $500K, actually pay the highest rate of combined federal taxes of any income group, including folks in the same bracket whose income comes primarily from capital, and the super-rich in the bracket above them.
They pay up to the contribution limit & get the same benefits someone making $99K does.
I am highly suspicious of calls to uncap Social Security in the interest of "fairness," because the likely result is that this group will become even less supportive of SS than it already is, & without this group's support, Social Security will be more vulnerable to attack.
This group is the most politically active and connected segment of the working population.
Anything that makes SS less universal and more like welfare is a political fail and a Trojan horse for privatization IMO.