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Most Americans have the right idea on SS.
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11-20-2005, 08:00 AM
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usatramadolusa
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Oct 2005
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438
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What you get out of social security is based upon your life time earnings but there is a cap beyond which you don't get more even if you pay more. PACs for the rich people lobbied that since their payout was capped their taxes should be capped too. That sounds nice but the truth is it is unfair to the 90% to have all of their wages taxed while the wealthy 10% don't have to pay SS taxes on anything over 90k per year. Just make everyone pay the same flat tax on all their earnings and the problem is solved.
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