A Boring Dystopia

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Your Social Security benefits could be cut by a quarter in 2032. Here’s what to know (www.pbs.org)

submitted 5 days ago by return2ozma@lemmy.world to c/aboringdystopia@lemmy.world

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[–] cheese_greater@lemmy.world 44 points 4 days ago* (last edited 4 days ago)

To earn more money, Congress could raise taxes, increase Social Security's maximum taxable income or implement taxes on income not coming from wages.

Currently, income from wages above $184,500 or income not from wages, such as investments, [cannot be taxed](https://www.ssa.gov/oact/cola/cbb.html) for Social Security.

Fucking very obvious what was done to create this bullshit issue, same as USPS being required to front-load their pension obligations which basically nobody else has to do.

Fucking conservative assholes and all their cross-aisle partners in crime, all while demanding regular index-adjusted raises and having the Speaker bitch for them that they should be able to do an arbitrary amount of insider trading to supplement their existing unrepresentative compensation package tgat also includes top of the line health insurance.