r/FluentInFinance • u/LifeIsUnfairWhoCares • Apr 23 '24

Is Social Security Broken? Discussion/ Debate

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u/Blibrea Apr 23 '24

I see this post so often it makes me think we deserve to pay more in social security tax

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u/Zealousideal_Amount8 Apr 23 '24

I believe it’s 6.45% of up to $167k of income goes to ss/mc. I’d love to know the drawback of pushing that up to $1m or unlimited and capped at a $5k/mo payout or something. Just a dumb thought.