Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Bengus81

(7,504 posts)
7. Cut off in 2025 is a mere $176,100 of income.
Wed Dec 18, 2024, 01:16 PM
Dec 18

If your a CEO or otherwise bagging $10M per year you'll be done paying into social security system after the first week of Jan 2025. Wonder why it's going broke?? Duhhhhh

Recommendations

1 members have recommended this reply (displayed in chronological order):

Cut the crap. Raise the cap! FalloutShelter Dec 18 #1
Cut off in 2025 is a mere $176,100 of income. Bengus81 Dec 18 #7
Right? FalloutShelter Dec 18 #8
0OOooo I like that line... It slips off the tongue real easy, rhymes and gets the point across...bravo!..nt mitch96 Dec 18 #13
How much is Elon Musk paying into his own Social Security account? FakeNoose Dec 18 #2
Pocket change -- less, really Hekate Dec 18 #10
This affects me jayschool2013 Dec 18 #3
MAGA goobers, live and learn. republianmushroom Dec 18 #4
Have thery paid back the I.O.U.'s yet? nt Hotler Dec 18 #5
The IOUs are in the process of being paid back. Since 2021 SS income has fallen short of SS benefits and trust fund nmmi Dec 18 #6
make Congress pay back the money they "borrowed" for defense spending Genevra Dec 18 #18
Raise the cap! Problem solved. This is a no-brainer. cer7711 Dec 18 #9
Not sure it is still the case, DENVERPOPS Dec 18 #11
"double and triple dipping" ... I'm curious on how this is done...nt mitch96 Dec 18 #14
They may have limited this somewhat DENVERPOPS Dec 18 #16
To save a little, maybe make the Senate and House only get Social Security. IbogaProject Dec 18 #12
All Rand Paul, and the GOP, have to do is raise the retirement age past the average life expectancy. LudwigPastorius Dec 18 #15
Raise the fucking taxes on the wealthy and corporations you asshats!!! Its your failed policy failures caused this. cstanleytech Dec 18 #17
SS isn't "going bankrupt." The GOP knows this. valleyrogue Dec 18 #19
Intermediate projections, according to 4 high Democratic officials including Sec of Treasury Janet Yellen nmmi Dec 19 #20
K&R Yo_Mama_Been_Loggin Dec 19 #21
I wonder if our Congress critters will benefit from this? HereForTheParty Dec 19 #22
My idiot Rebl2 Dec 19 #23
Latest Discussions»Latest Breaking News»GOP battle erupts over So...»Reply #7