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re: The Coming Social Security Crisis

Posted on 4/3/24 at 11:28 am to
Posted by Taxing Authority
Houston
Member since Feb 2010
57393 posts
Posted on 4/3/24 at 11:28 am to
quote:

What they fail to mention is the tremendous strain people who have never contributed a dime to, but collect from social security. How about we put a little more pressure on the deadbeats instead of telling the working man
There aren’t a lot of these, though. SSDi taxes (unlike income taxes) don’t have exemptions for low income. The taxes (rightfully) stay at $1 of income. And million of illegals pay in, and will never be eligible to collect.

The real “deadbeats” in SS are the retirees that take multiple decades out of payouts. The system was never designed for that. Those are the people sucking the “trust fund” dry.
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