@RepJoeCourtney SS is not an entitlement. It is a tax on earnings, and there is no legal requirement for the U.S. Government to return contributions back to the people.
Flemming v. Nestor (1960)
Weinberger v Salfi (1975)
Heckler v Mathews (1984)
@fuckyouiquit Explain it like I'm 5 years old.
Where in the U.S. Constitution does it state that the U.S. Government is responsible for replacing outdated pipes?
Believe it or not, you (and everyone else) has agency to solve their own problems.
@fuckyouiquit There is a cap on income, but there is also a cap on payments. Taxing the wealthy isn't the problem.
Compare your social security returns against a standard IRA or 401k.
I'll get about 1% on my contributions, compared to 7-8% if I had invested privately.
Total ripoff.
@willandmyway@dehlers2 I think we need to offer young people a chance to opt-out of social security.
Your 6.5% go into a private 401K/IRA fund. Your employers portion stays with the traditional system.
Use this model until all SS money is paid out and there are no more active enrollees.