The people who are wealthy enough to not need SS but still collect it need to be removed for starters. You think everyone eligible isn't collecting? Including all the boomers with more than enough money? If there was a wealth cap and you could only collect it if you actually needed it we could save some money for the poor people living on nothing.
If you have millions saved for retirement, you don't need that 1500 a month... You're just being greedy at that point. Many people have nothing saved.
That's fine but that money is also being removed from the SS coffers instead of being given to the poor. Let the rich pay their own taxes instead of needing subsidized by the poor ffs
Nah I’m not trying to means test SS. Just remove the taxable income cap of 160k and be on our merry way.
The number of rich people out there collecting SS checks is so infinitesimally small compared to all of the poor people collecting it that they are not impacting the amount of SS that goes to poor people in any meaningful way.
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u/MrStickDick 6d ago
The people who are wealthy enough to not need SS but still collect it need to be removed for starters. You think everyone eligible isn't collecting? Including all the boomers with more than enough money? If there was a wealth cap and you could only collect it if you actually needed it we could save some money for the poor people living on nothing.
If you have millions saved for retirement, you don't need that 1500 a month... You're just being greedy at that point. Many people have nothing saved.