maybe you can’t cut SS to people already getting it as they need it, but raise the retirement age for those under 40 to 70 and put the SS tax in a REAL lockbox account.
not thrown in with everything else.
reminds me of how the lotto was going to be for education only.
Any candidate foolish enough to promise to end social security is a candidate who will never see the white house. How many times does that have to be proven?
Trump’s not stupid.
So what will you put in the lockbox?
” ... and put the SS tax in a REAL lockbox account.”
Commingling trust funds is a serious ethical violation, and it can be a crime. But the feds do it every day, considering tax dollars to be fungible across the board: LIFO.
“...reminds me of how the lotto was going to be for education only.”
I live in GA, and our lottery IS only for education.
Since 1993 it has funded the HOPE Scholarship, which has allowed any student that graduated from high school with at least a 3.0 to have free tuition at any state college.
I know what you are saying is true for most states, but Georgia is an example showing it doesn’t have to be that way.
“maybe you can’t cut SS to people already getting it as they need it, but raise the retirement age for those under 40 to 70 and put the SS tax in a REAL lockbox account.”
How about we get all the illegals off of SSN? We can stop the SSN payments for the children of welfare recipients that are getting them for ADHD, ADD, etc...
>>but raise the retirement age for those under 40 to 70
The problem with that is that not everyone is a web page designer or cubical worker. What do you tell the power plant or factory or construction worker who just isn’t management material—and even if HE was, HE has little chance of promotion in this day. Those people have a hard time making it to 65.
Even if you added an “unable to perform your job = automatic disability without delay” clause, then you’d just have the office workers retiring at 55 with carpal tunnel syndrome.
I agree with you about the 70 year old retirement age, but it needs to be something that takes into account what a person did to their body to get a paycheck for those 50 years of work.
SS is already in the red... there’s nothing to lock away. Every SS tax dollar that comes in goes out.
Don’t cut it. Make it better.