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deist99

(122 posts)
1. I hope not
Sat Dec 10, 2016, 05:22 PM
Dec 2016

I'm hoping that even with repubs in control of congress and the White House that this is still a third rail. So if they do push for it they will lose big in the 2018 midterms.

Here is my solution for social security. Get rid of the cap on taxable earnings (right now only the first $118,500 is taxed). Make a minimum insured amount of $1500.00 a month for retirees and $1000 a month for spouses. What I mean is that if you are insured for retirement the lowest you will receive is $1500.00. Right now the average retirement benefit is $1308 for retired workers and $704 for spouses which is pathetic since we are the richest country on earth. Make a maximum insured amount of double the minimum insured amount is.

I have run these numbers through online save social security calculators and this extends the time of social security running out of the surplus until 2072. Hopefully by that time we could fix it again. I don't know why it's so hard to make Americans who have been really successful pay a little more for those who weren't. But no, we will probably see tax cuts for the rich before we see something like this.

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