Current Events — HabitableZone

Current Events » in reply to The key is the "Social Security" + "Payroll Tax" combination

What the heck is a "proportionate amount?"

The Social Security tax is about 12 percent. If I make a million dollars, you think I should pay $120,000 a year so I can reap a grand total of $1,700 a month when I retire?

Or should we take the caps off the benefits, too?

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