John Kasich to seniors who want to keep their Social Security: “get over it”

[True Earthling]

97. I like Kasich's plan

but we should also raise the SS taxable wages to $1,000,000. Currently the rate is 6.2% up to $118,000. I would propose we keep the tax at a rate of 6.2% up to $118,000 then tax 1% of wages from $118,000 - $1,000,000.

Kasich wants to trim benefits for high-income Social Security recipients

http://www.dispatch.com/content/blogs/the-daily-briefing/2015/12/17122015---kasich-des-moines-register.html

John Kasich is preparing a Social Security revamp that would trim benefits for high-income seniors and lower the starting level of benefits.

The Ohio governor sketched the broad outline of a plan he indicated was in its final stages during an hour-long meeting today with the Des Moines Register editorial board. The group’s endorsement is highly coveted by presidential candidates competing in the Feb. 1 Iowa caucuses.

“What you’re going to have to do is that high-income seniors are going to get less. It would have to happen very soon,” Kasich told the journalists in a meeting that was webcast live.
That means Americans earning more than an as-yet undecided amount would have their benefits scaled back.


http://www.cnn.com/2016/03/10/politics/republican-debate-transcript-full-text/index.html

“If you’ve had wealth throughout your lifetime, when the time comes to be on Social Security, you’ll still get it. It will just simply be less. And for those people who depend on that Social Security, they’ll get their full benefit. That’s the way it will work. And we don’t have to monkey around with the retirement age.”
The universe is a harmless enigma that is made terrible by our mad attempt to interpret it as though it had an underlying purpose.