Would eliminating the cap on social security save it?
100946
I am not an economist by any stretch.  But it seems to me that if the richest americans paid anywhere near as much as the government swears they pay into the u.s. treasurey,  Then they would contribute enough to save social secur
1115374
That would be nice, but it is very complicated to implement.  And it had the potential to get more out of hand then what we got now.\n\nI think the senators, representatives, and other major government officials should take a pay cut.  That could save millions per year.  And it could make them more concerned for the average American.
873190
Eliminating taxes on business would be a good start.  Those taxes are all passed along to the consumer anyway.  It's intellectually dishonest to try and claim that "The Business" pays them, as though they're subtracted from the profits of the owners.\n\nTwo benefits would result.  First, without the tax burden, American products would be more competitive in the world market.  This would increase sales, which would lead to more employment as manufacturers react to the increased demand.  \n\nSecond, this strategy would create an incentive to keep jobs at home rather than outsource them.  Even with things as they are there are more jobs in-sourced to the U.S. than outsourced to other countries.  If the U.S. were to become a business tax haven, there would be a flood of companies relocating jobs here.
332674
Helps to pay taxes. Don't you know that Social Security is a tax. It never was a savings plan for old age. Why do you think it can only continue if there are a constant flow of new members. Once the monthly checks are covered, the rest goes into the general tax fund. How can we give congress the good salary & perks if we have to account for every dollar. Bookkeeping cost would be too high & people might wonder what a congressman does for a iving?
379120
On both sides yes!  The $$$ spent will be much less than what we're spending on schooling, healthcare, legal system,...etc.\n\n\nThen, abolish welfare and those lazy @@d Americans would have no choice but to work!
369152
Most people have been scared off of this half-baked ideas for various reasons.\n\nFirst, alot of people feel very uncomfortable giving the cornerstone of their retirement to the same people who stole the retirement accounts at Enron, Worldcom, etc.\n\nSecond, there were too many foolish promises made by the President, who said people could be as reckless as they wanted and still have some minimum guaranteed amount at retirement.\n\nMy personal feeling, however, is that the government has grown too addicted to skimming off of the Social Security collections in order to hide how much in debt we truly are. The government currently works with two sets of figures, the debt amount we admit to and the total debt we really owe which is much scarier.
823758
Quite likely, as we can't afford to fund the future pensions (Government), the way pop.  incomes are going.\n\nWill
1157743
I think that's a great idea.  Sure, it'd mean a bit more in taxes, but First Aid and CPR are worth the money, and basic living skills may even save money in the long run by helping out people who aren't well-off stay off welfare and medicaid.
285835
It would work if you were willing to pay higher taxes, I am not talking a small increase. It would take a large increase.\n\nA system that may require a small tax increase is a national health care insurance. Just an expansion of medicare to those who make below a certain amount. As long as you have a job and if you choose to pay for it then you pay a tax on it. And if you make above a certain amount, you would have to pay a tax on the medicare system.
996718
No, but it decreases the cost of collection.
1157588
I believe they would if they had to live off the very little given in social security...  But they don't worry about it, as they will never have to live off of the little over $600 a month (way below poverty level)...\n\nAlthough, people today use SS as a way to retire, when it was originally designed to help penioners back when it was created.  It wasn't meant as a sole income...
1153942
It's a long list dude. \n\n1. Raise taxes - hell yes. However, I'm not talking about Estate taxes. I would stop all the tax cutting, because eventually we are going to end up having to dramatically raise taxes because all the money you good Republicans are spending. That being said, increase the rate at which your salary is taxed for Social Security. I would raise it from $90,000 to $200,000.- This alone would do wonders for Social Security. (of course you probably hate Social Security - so I am sure I lost you on that one.)\n\n2. Regulate industry -- who democrat or republican is doing that. I am a Liberal Democrat but I would axe NAFTA tomorrow. And I would level the playing field with significant tariffs on foreign companies that do not meet the OSHA or EPA requirements that their US counterparts are forced to meet. The EU can make us all go lead-free or become ISO certified, so we need to be more aggressive there as well. Jobs are leaving this country...make no mistake about it. Eventually we will be a low cost region...so they might come back.\n\n3. I am a Liberal but I am sick to death of hearing that we have to spend more on education. In Tennessee the governor put ads on TV telling Tennesseans that their education system was worse than anybody but maybe Mississippi. The truth is that the Tennessee schools are pretty darn good. My kids have been in Iowa, Tennessee, Oklahoma, and Illinois schools. And everyone of those states wants more and more money for education. We need to fix the system so that more money goes to teachers and less to administrators who don't really add any value. Let's Six Sigma their butts out of the way. Are you with me?\n\n4. Health Care - National Health Care baby. But first Liberals and Conservatives have to come up with tort reform that makes sense. I would have private health care providers bid regionally for the contracts to provide health care to all Americans. Your company would take your premium the same way they do today and send it on to the government - approved private provider. The government will then match the amount. You are covered now and always. And your company is free from the burden of health care costs. This would help retain jobs in the US and attract more.\n\n5. NO amnesty. Build the wall and do it now. Stop the flow inbound and then give all illegals 90 days to apply for a special Mexican-American Worker's visa which allows these people to stop stealing our Social Security numbers. We can't possibly round up all these people, but we can damn sure stop their cousins from joining them. Are you with me on this one?\n\n6. Get over it. I can't stand all the gay crap either, but they are entitled to live their life as they choose. I don't mind them coming out of the closet...just get the hell out of my living room ok?? Give us homophobes some space. And then do you own thing. Cool..\n\n7. Cut it out man. I love my nation's flag as much as any conservative.\n\n8. Hell yes, end the war. Be like the republicans of old and leave the boys in power who can control these ignorant people. When did conservatives become Liberals with all this spreading freedom garbage. Be pragmatic again...please. No more American blood for a people who just don't deserve another drop. If they want democracy let them bleed for it.\n\n9. Yes. Acutally make it a priority and you'll get him. Hell we got Geronimo and Osama is no where near his league.\n\n10. Be an American and give them due process either as criminals or as P.O.W.'s. And don't torture and embarras my country ever again.\n\n11. A lot actually.
638910
Money & a social security.
513505
Yes, but you will have to go through the same red tape as everyone else to get any benefits. The Republicans added the Social Security to the general fund in 2001, that is why they want to disband it. They already took the money out.
378795
not if you are looking at as a "deduction"\nit's a flat rate up to a ceiling, based on taxable gross income. best way to reduce it is, pretax deductions (401, pretax med insurance, fsa, etc)
531691
Offer tax incentives to "one parent at home" families. That way, more jobs would be created, and the tax that those with the new jobs paid - as opposed to the Social Security benefits they received - would counterbalance each other.\nPlus, there would be less crime caused by burglaries and latch-key kids. Children would be better supervised and receive proper meals, instead of junk food, resulting in less obesity and fewer associated health conditions.\nI am not a politician, yet it is so obvious.\nWhy don't you stand for council? Good luck!
88727
Social Security, I pay hundreds and some pay thousands to people who didn't plan for retirement that we will never see again.  In 2018, according to the numbers, SS will be giving more out than it is taking in.  I don't know about you, but I'm bitter that I'm paying someone else and won't be paid back.  That's why I'm saving in a 401(k).  I know that money won't be there for me when it's my turn.