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I hate how the media treats the social security trust fund as some sort of autonomous entity that can go broke. It’s a government program. If what comes out of our paychecks doesn’t fully fund it, allocate money from the general fund or just get rid of the cap so high income people pay the same rate as everybody else. It might be the easiest problem to solve that we’re avoiding solving.
The trust fund is going broke because Congress looted it to pay other programs, and now doesn't want to pay the money back.
They robbed us while giving tax cuts to the rich and wealthy. Then they gave billions of dollars of contracts to them.
And it will clearly be solved, but probably not until the last possible minute like always. None of the parties can afford to lose voters on social security.
The cap is insane, had no idea about it until I was fortunate enough to hit it and I had to ask HR if there was an error. It's a blatant giveaway to high earners
It is completely insane and regressive. Poor people who need the money to live should be spared the tax, and rich people who aren't going to miss it should pay.
They need a fire burning to point at and say that it's coming for you.