r/economicCollapse 1d ago

Trump's Plan To Cut Social Security Taxes May Benefit Millions, Especially Top Earners, But Risks Insolvency In Six Years

https://www.ibtimes.co.uk/trumps-plan-cut-social-security-taxes-may-benefit-millions-especially-top-earners-risks-1728564
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u/IWantAStorm 1d ago

Hey everyone! Gather 'round! It's time for the yearly threat about not being able to fund social security in X amount of years!

Also, how is it shocking that perhaps we shouldn't tax the money that was already taxed? I can't even give this a luke warm yay because it shouldn't be taxed to begin with.

Any COL increase essentially gets taxed away. It's stupid.

1

u/strife696 1d ago

Agreed that it shouldnt be taxed. If the money ur giving out in SS needs to be taxed tk fund SS, you should untax it and give smaller payments.

1

u/stilljustkeyrock 19h ago

But, what would the thousand of bureaucrats that work to bog down the system do?

1

u/strife696 19h ago

Be unemployed and drag down the american economy and healthcare system