Here’s a fact that should make your blood boil. Earn a million bucks this year, and you stopped paying into Social Security back in early March. The rest of us keep paying on every dollar, every paycheck, all year long.
Now two senators from opposite parties want to change that. Their plan would make high earners pay more — a lot more. But here’s the catch that makes this one different: Those wealthy folks wouldn’t get a bigger check in return.
I’ve been writing about this program for more than 35 years, and I’ve watched Washington kick this can down the road again and again. This time, the idea on the table breaks a promise that’s held since…
Read the full article at MONEYTALKSNEWS.COM
