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Bengus81

(10,584 posts)

29. Someone making $5M per year would have to pony up around $300k more

Reply to mahatmakanejeeves (Original post)

Thu Jun 11, 2026, 02:13 PM

Jun 11

per year if they paid THEIR fair share into social security. My heart really breaks for that person who drags down $96,000 per week gross.

Before all the hand wringing at FOX and other State regime TV starts they need to remember that person has been getting a 3% tax cut on those millions for NINE tax years including 2026. Do that math on that.....

Wait I'll do it for you, it comes to $1.35 MILLION in tax savings since 2018

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Social Security retirement trust fund may be depleted in 2032, new trustees report finds [View all] mahatmakanejeeves Jun 9 OP

Call your congresscritters... FalloutShelter Jun 9 #1

Unless democrats retake Congress we have no chance questionseverything Jun 9 #3

Call 'em anyway and FalloutShelter Jun 9 #4

Always. Pester the hell out of them! pat_k Jun 9 #8

That's great! FalloutShelter Jun 9 #9

Thanks for posting. yellow dahlia Jun 9 #10

The squeaky wheel gets the grease. republianmushroom Jun 11 #23

Agreed Bayard Jun 9 #11

What would the date be if Congress lifts the cap on Social Security contributions? SamuelAdams Jun 9 #2

Unless we manage to impeach and remove the felon AND co-conspirator Vance in 2027... pat_k Jun 9 #6

Infinity Fiendish Thingy Jun 9 #14

Infinity............. Bengus81 Jun 11 #25

Oh, that's nice, two years after I start collecting at age 70. pat_k Jun 9 #5

Last year the date was 2033 mdbl Jun 9 #7

SS has to take inflation (including tariff costs) into consideration when projecting COLA adjustments. eppur_se_muova Jun 9 #21

COLA dweller Jun 11 #26

REPUBLICANS have been blocking for DECADES of self rule of Social Security funds to advance non-rich people or the term dave99 Jun 9 #12

The GOP's "fix" will be, of course, to cut benefits. LudwigPastorius Jun 9 #13

As a millenial, I don't expect to ever get Luciferous Jun 9 #15

That's exactly what the GOPigs want you to think mdbl Jun 11 #22

Longer than that. When I started working full time out of HS in 1971 I remember well Bengus81 Jun 11 #24

Increase maximum limit of Social Security bmichaelh Jun 9 #16

What our Government owes Social Security. Most important info chouchou Jun 9 #17

Bullshit. Tax the damn rich. Scrivener7 Jun 9 #18

Been hearing this ever since FDR orangecrush Jun 9 #19

LIFT... THE.... CAP!! QueerDuck Jun 9 #20

Eliminate the cap. mobeau69 Jun 11 #27

Glad to hear someone finally talking about it. GoodRaisin Jun 11 #28

Someone making $5M per year would have to pony up around $300k more Bengus81 Jun 11 #29