For workers, the break-even period for payroll contributions can range from 34 months for low earners to around 40-50 months for average earners, with maximum earners taking about 63 months.
Scrapping the cap‼️
The billionaire argument is a red herring. The real challenge lies in reforming Social Security’s funding model to ensure sustainability without turning it into welfare.
The truth about where Social Security taxes go.
Social Security taxes are secure, with no misuse or theft reported. Government finances since 1936 rely on borrowing through debt securities, primarily Treasury bills and bonds, backed by trust funds.
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