- They will extend the FICA tax to every last penny of income.
- They’ll impose a Tobin Tax on Wall Street transactions to supplement Social Security.
Those are the only two “fixes” that are politically palatable. They call it the Third Rail for a reason.
Those are two easy ones and will buy it a little time. A third is to cap social security income for the top 1%, then rachet it down to the top 3%, 5%, etc.
Third fix: fund SS by radically cutting back on welfare. By "radically", I mean make it non-viable to support a kid on welfare, to the point where no low-income woman will find "having kids to qualify for benefits" an attractive option.