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Save SS by: eliminating employee cap, reduce employer cap to 100K, and at retirement means test it (0 ben. inc ovr 100K)

Created by W.W. on May 17, 2013

Save the Social Security safety net... no it is not a retirement plan, or 401. Remove the wage cap on the employee side (everyone should pay the same percentage in for all their income), reduce the wage cap on employers to 100K (thus helping "job creators" by reducing their wage expense), and lastly if you don't need the safety net you won't receive any benefits if all your retirement income exceeds $100K. Why should people like Bill Gates, for exampe, receive SS when they have been successful and do not need the safety net? This is why they call it "social security" and not "retirement", or "IRA", or "401", or "individual security".

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