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MichMan

(15,536 posts)

11. Congress is required to contribute, so another payroll tax on top of SS and Medicare

Reply to Uncle Joe (Reply #10)

Sun Jul 20, 2025, 05:44 PM

Jul 20

If a corporation is required to either fund and manage it themselves, or pay the tax and let the government do it, seems like most would just pay the tax instead. Wouldn't it be easier to just raise the current SS taxes instead of creating a parallel system?

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Sanders Introduces "Pensions for All Act" to Ensure Workers Can Retire [View all] Uncle Joe Jul 20 OP

This message was self-deleted by its author Ken Dayenu Jul 20 #1

He has proposed to do that as well by eliminating the income cap, and Congress has both. n/t Uncle Joe Jul 20 #2

This message was self-deleted by its author Ken Dayenu Jul 20 #3

How the Super Rich Are Killing Social Security Robert Reich Uncle Joe Jul 20 #4

This message was self-deleted by its author Ken Dayenu Jul 20 #5

Bernie does Uncle Joe Jul 20 #6

This message was self-deleted by its author Ken Dayenu Jul 20 #7

A wealth tax to fund Medicare for All and other social programs that benefit the vast majority of the American People Uncle Joe Jul 20 #8

Social Security is NOT a pension. It is a social insurance program. valleyrogue Jul 20 #13

Who would be picking up the bill for a pension plan just like Congress has? MichMan Jul 20 #9

From what I understand it can be either Uncle Joe Jul 20 #10

Congress is required to contribute, so another payroll tax on top of SS and Medicare MichMan Jul 20 #11

No more going bankrupt over accident or disease, not being left out on the street begging for money when you're too old Uncle Joe Jul 20 #12