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Here’s How Much America’s Rising Income Inequality Is Costing Social Security


#1

Here’s How Much America’s Rising Income Inequality Is Costing Social Security

Rachel West

Just a few weeks into the 116th Congress, Democrats’ takeover of the House of Representatives has already exposed the huge gulf between what American voters wantand what the previous House leadership and the Trump administration have thrust upon them in recent years.


#2

Among the simplest fixes for Social Security (see Rober Reich on three of them) lifting the income cap and having everyone contribute to Social Security, even gazillionaires–And they may collect it later even if they don’t need it.


#3

And start taxing capital gains as income.


#4

What the hell. Most of the money the rich have is money they don’t need.


#5

It’s been done before , but St Ronnie decided that capital gains needed to be lowered so it’s been that way ever since.