The bigger problem is that wealthy people don't have to pay into Social Security on any income…

…its will be available to pay recipients. So, why is Social S…its will be available to pay recipients. So, why is Social Security in such dire financial straits? Less people are working each year. You know about the labor shortage crunch this year and last? It’s only going to get worse. The USA …
Future Retirees — 5 Things You Don’t Want To Hear
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David Weldy
John Egelkrout
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Dec 13, 2022
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The bigger problem is that wealthy people don't have to pay into Social Security on any income above $147,000. There would be no problem if the wealthy paid FICA on 100% of their earnings the way the rest of us have to.
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Written by John Egelkrout8.4K Followers
·189 Following
I am a sanity-curious former teacher who writes about politics, social issues, memoirs, and a variety of other topics. You can also follow me on Substack.
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