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Lonestarblue

(13,653 posts)
1. Their plan is simply to remove the cap.
Tue Jun 23, 2026, 07:38 AM
Tuesday

Congress should do more by including income from dividends as well since the wealthy avoid SS taxes by living on dividends rather than salaries. Bezos takes no salary and just borrows from his companies for living expenses, thus paying no SS or Medicare taxes. Closing some loopholes could help the fund.

Some commenters on this article rejected the idea if having no cap on earnings because high earners would then get much larger SS payouts. I would favor a cap of at least $500,000 with a cap on payouts.

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