Robert ReichJun 27, 2023

The income cap on Social Security taxes is rigged for the rich.

A CEO earning $20 million a year pays Social Security taxes on ~1% of their income.

Meanwhile, a normal worker earning under the cap pays Social Security taxes on 100% of their income.

How does that make any sense?

https://youtu.be/GfZuB7XSFys

How the Super Rich Are Killing Social Security | Robert Reich

YouTube
Show threadmiket330
@rbreich yet EVERYONE! in govt. Knows this bc their salary is in the exempt range, yet chose to ignore the obvious...instead of cut, cut, cut, tax the rich damn it! its it's ludicrous, they want all the benefits their position offers, yet do not want to contribute a fair share. Corporations enjoy the same exemptions, RECEIVE govt. Subsidies and pay little in tax WTF
Jun 27, 2023 at 5:33pmWeb