Quote:
Originally Posted by Riot
Or: simply remove the cap. Or heck, just increase it to $250K Too simple, fair and easy?
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I've never understood why this isn't discussed more seriously... I won't claim that I've seen the studies that would suggest the impact to SS that removing this cap would have, but it seems to me to be a no-brainer and can improve in some degree, the solvency of SS.
Then again, it would affect the the wealthiest and it doesn't screw the middle class so forget it - it will never be on the table.
Ironically, those that pay more into it reap more at retirement, so removing the cap is not some "rob the rich to give to the poor" scheme.