This is why I dislike politicians. Social Security should be partially privatized over the next 20 years incrementally. It would be parts. People should be allowed to “invest” their portion of the tax and have the employer portion managed/guaranteed by the government.
And 2nd, the privately managed portion could have no required start date and can be left to beneficiaries tax free.
That already exists, it’s call a 401k. We all payed into SS with the understanding we would be able to draw on it. Sure some investments would do a better job with better returns. But the majority of Americans would lose their shorts on stupid investments and become wards of the state anyway. Or are you suggesting the government tell them what to invest in? If so, how is that any different then SS?
For better or worse, Trump is going to drape this around DeSantis' neck. It's probably best that HE do it during the GOP primaries ... because otherwise Biden and the DNC are going to do it in the general election anyway.
There is only one way to Permanently FIX Social Security.
Federal Legislation ABOLISHING ALL Taxpayer funded retirement plans. When they depend on it, it will be fixed, NOT until.
It should be sunsetted.
It’s been a rip off since day one.
The zoomers will end it