Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

SickOfTheOnePct

(8,710 posts)

14. Correct

Reply to AZJonnie (Reply #1)

Thu Jul 10, 2025, 06:39 PM

Jul 2025

It's not dollar for dollar, or even close to it, but if the cap is lifted, then maximum payouts will have to be lifted as well.

But it still needs to be done (lifting the cap, that is), as it would still be a net gain for the Social Security system.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

16 replies

= new reply since forum marked as read

Highlight:

Oh for Gods sake, just remove the freaking cap !!!! [View all] 4bonhoffer Jul 2025 OP

IIRC from what I've read, that cannot effectively be done AZJonnie Jul 2025 #1

The payouts don't have to be increased. Ms. Toad Jul 2025 #7

Exactly. Moreover, Congress can cap payouts. TomSlick Jul 2025 #9

Agreed. Ms. Toad Jul 2025 #11

I appreciated your detail. You are correct that many people don't know. TomSlick Jul 2025 #12

Thanks, you're always a fount of info Ms Toad AZJonnie Jul 2025 #16

Correct SickOfTheOnePct Jul 2025 #14

In the spirit of TomSlick above, KISS Dave says Jul 2025 #15

What super power does Kaine have to get a bill like that spooky3 Jul 2025 #2

Zero chance. If we can collect another 12.4% tax on everyone over cap, it's needed for healthcare, climate, education, Silent Type Jul 2025 #3

Oh, that cap! Retrograde Jul 2025 #4

GMTA! 3catwoman3 Jul 2025 #5

If only. Though you know, I can't exactly see this happening under fucking fascism. Karasu Jul 2025 #6

Also, have 5% of unearned income over, say $500,000 taxed to add to the fund. 3Hotdogs Jul 2025 #8

DUers have been saying raise the cap for the entire 22 years I've been on DU IronLionZion Jul 2025 #10

Roosevelt or FDR Democrats supported SocialDemocrat61 Jul 2025 #13