It’s a shame that we are “supposedly” the richest state connected Earth, yet we cannot supply healthcare for our citizens, upgrade our infrastructure and marque Social Security viable.
The solution for the second is to region the headdress connected wages taxed for Social Security.
Medicare is already taxed connected each earned income astatine 2.9 percent which is divided betwixt leader and employee. Social Security is taxed for gross wages up to $184,500 astatine a complaint of 6.2 percent for worker and is past matched by the leader for a full of 12.4 percent.
Once the headdress is removed, Social Security would beryllium flush with money, due to the fact that the leader would besides beryllium matching the further 6.2 percent. With salaries successful the millions for sports figures, CEOs, tech moguls etc., 12.4 percent taxed upon millions volition beryllium the solution to lick this problem. These salaries are often taxed lone connected the archetypal paycheck of the year. While everyone nether $184,500 pays the full taxation connected each dollar they gain passim the year.
Many different countries person already figured this retired — wellness attraction for all, upgrading their infrastructure and taking attraction of those successful need. Social Security isn’t lone for the elderly. The programme besides helps children and adults who person disabilities, children who person mislaid parents and those who are incapable to enactment due to the fact that of an onset of illness.
The headdress needs to beryllium removed.
English (US)·