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NowsTheTime

(1,314 posts)
Mon Nov 17, 2025, 10:22 PM Nov 2025

86 more social security checks before 23% cut in benefits if nothing is done...4 years to do something if Dems win 2028

There's no chance anything (except maybe raising retirement age) will happen under maga

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86 more social security checks before 23% cut in benefits if nothing is done...4 years to do something if Dems win 2028 (Original Post) NowsTheTime Nov 2025 OP
I don't think JBTaurus83 Nov 2025 #1
This is what could make a difference....raising the limit or maybe a progressive schedule based on how income/wealth. NowsTheTime Nov 2025 #3
Simple fix FHRRK Nov 2025 #6
Benefits have always been linked to contributions MichMan Nov 2025 #8
It is capped FHRRK Nov 2025 #9
ELIMINATE the tax cap totally, make millionaires and billionaires pay the same percentage Jack Valentino Nov 2025 #10
THIS! Bayard Nov 2025 #11
Yes. Raise the damn cap! yorkster Nov 2025 #13
Tax the fucking rich. No one should be allowed to have a second billion. Scrivener7 Nov 2025 #2
Nobody NEEDS a second billion.... Jack Valentino Nov 2025 #12
Unless Dems can regain control of Congress in 2026.... anciano Nov 2025 #4
We need at least the House at mid-terms, both would be better.. NowsTheTime Nov 2025 #5
Obama tried to do something and was bashed by his own party. Unless we regain power, guess who'll be Silent Type Nov 2025 #7

JBTaurus83

(1,384 posts)
1. I don't think
Mon Nov 17, 2025, 10:30 PM
Nov 2025

Taxing hedge funds a social security tax would be a bad idea. I’ve read that this would generate significant funds.

NowsTheTime

(1,314 posts)
3. This is what could make a difference....raising the limit or maybe a progressive schedule based on how income/wealth.
Mon Nov 17, 2025, 10:37 PM
Nov 2025

Social Security Tax Limit
Current Limits

The Social Security tax limit is the maximum amount of earnings subject to Social Security taxes. For 2025, this limit is set at $176,100. This means that any income earned above this amount is not subject to Social Security taxes.
Future Changes

In 2026, the limit will increase to $184,500. This annual adjustment is made to keep pace with wage growth.

FHRRK

(1,410 posts)
6. Simple fix
Mon Nov 17, 2025, 10:51 PM
Nov 2025

Just create a donut hole from current cap to 750k or a million then start it back up.

MichMan

(17,150 posts)
8. Benefits have always been linked to contributions
Mon Nov 17, 2025, 11:05 PM
Nov 2025

Will their SS benefits rise to reflect the additional amounts they are being taxed on?

Jack Valentino

(5,011 posts)
10. ELIMINATE the tax cap totally, make millionaires and billionaires pay the same percentage
Mon Nov 17, 2025, 11:38 PM
Nov 2025

as most workers on ALL of their income---

and not only would Social Security and SSDI be fully funded for the rest of the century--
but perhaps benefits could even be expanded!

YES, Democrats should RUN on this issue--- and the sooner the better!
(It would rhyme well with 'no kings'!)

Bayard

(29,683 posts)
11. THIS!
Mon Nov 17, 2025, 11:42 PM
Nov 2025

This, this, this, this!



I don't want to hear anymore crap about raising the retirement age, or cutting benefits.

anciano

(2,256 posts)
4. Unless Dems can regain control of Congress in 2026....
Mon Nov 17, 2025, 10:39 PM
Nov 2025

I fear that the Repubs will privatize both Social Security and Medicare before the 2028 election.

NowsTheTime

(1,314 posts)
5. We need at least the House at mid-terms, both would be better..
Mon Nov 17, 2025, 10:49 PM
Nov 2025

My guess is that there there are bunch of magas that will be affected by this, but have no clue about it.

 

Silent Type

(12,412 posts)
7. Obama tried to do something and was bashed by his own party. Unless we regain power, guess who'll be
Mon Nov 17, 2025, 10:51 PM
Nov 2025

handling this issue.

Every Social Security Trustee's Report since at least 2010 has included this prediction, plus or minus a few years.

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