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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (148455)1/30/2015 10:16:35 AM
From: Wharf Rat  Respond to of 149319
 
"SS is intended to make the 1% richer, don't you know."

I do; relatively richer.
We all pay on everything we make, up to +/- 120K. Some poor schmuck pays 6% of $15K, while somebody making $10M only pays about $7500.00. Pretty regressive on contributions, but most of Rich's bennies will be taxed back, so maybe a bit progressive on bennies.