Why not tax SS for ALL the income. that would stop the fund from running out.?

Question

then, return to age 65 (or 62).

Answer 1

There are many many solutions to the SS problem... taxing *all* income is just one of them. Unfortunately the politicians are in the pockets of the rich people. If all income was taxed the rich people would have to <gasp!> start paying their fair share too. They don't want to pay any more taxes. The politicians do what the rich people want or else say bye-bye to hefty campaign contributions and other "perks"

Answer 2

WHAT A NOVEL IDEA!

And to play fair, they should adjust the Alternative Minimum Tax income limitations, at least for COLA, since inception while they're at it!

It just makes too much d**n sense.

Answer 3

Bingo - idiot polticians never listen to anyone though

Answer 4

SS was intended to be individuals putting away money for their own retirement.  Now the politicians and a good deal of others see it as an entitlement program.  I have put into SS all of my life but will not receive a dime.  How many people that never put in a dime will get mine?