General Discussion
In reply to the discussion: How about raising the Medicare age on the top one percent? [View all]Warpy
(114,753 posts)As someone above pointed out, the rich will destroy anything they don't get.
In addition, think of it in terms of, say, car insurance. A young family saving for a house down payment is involved in an auto accident, totaling the car. The insurance company comes back with "we see you have sufficient funds in the bank to replace your car, so your claim has been denied." Is this at all fair to people who have paid their premiums? No, and neither is means testing any other insurance payout.
The only thing that should be done is to raise the earnings cap on contributions by a tremendous amount. Solvency can't be achieved solely on the backs of the poor. The wealthy have to be tapped to pay their fair share. They can be compensated by the knowledge that every dime will come back to them in increased dividends from corporations who see an increase in business as more people have money to spend, rather than the fewer the GOP want.