this post was submitted on 06 Jul 2026
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A Boring Dystopia

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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.

[–] Janx@piefed.social 36 points 4 days ago (1 children)

Workers gets taxed on every cent they earn. Billionaires get to earn money on investments tax-free while they buy up all the housing and rent it back to us for even more wealth they will then hoard...

Not just billionaires. Hundred-thousandaires get to stop paying in after... I didn't look at the limit this year.

[–] graycube@lemmy.world 26 points 4 days ago (1 children)

This would not be necessary if rich people paid their share.

[–] dan1101@lemmy.world 14 points 4 days ago

And if the US government wasn't spending billions on stupid evil shit.

[–] Maeve@kbin.earth 25 points 4 days ago

Tax the rich out of existence.

[–] diabetic_porcupine@lemmy.world 12 points 4 days ago

You guys are getting social security benefits?

[–] gwl@lemmy.blahaj.zone 12 points 5 days ago

Americentrism!

[–] PattyMcB@lemmy.world 8 points 4 days ago

I already knew I was never going to be able to retire. The boomers got theirs so they don't care.

[–] Serinus@lemmy.world 6 points 4 days ago (1 children)

I thought we just fixed part of this by getting rid of the tax cap above 184k? Or was that part of the hugely popular, bipartisan housing bill that Trump refuses to pass until her gets his way?

[–] jtrek@startrek.website 11 points 4 days ago (1 children)

The fact that rich people stop paying into it is so stupid.

It should be progressive. The first $x you make aren't taxed at all, then the next bucket at a small percent, then a larger percent, and so on.

Instead if you're income-rich you just get a bump to your take home pay partway through the year.

[–] HubertManne@piefed.social 5 points 4 days ago

seriously. we are supposed to have a progressive tax systems but things like this actually lower taxes and its keyed to happen just past the point anyone working would be effected. So usually tacked to just above what like a doctor makes.

[–] lemmyng@lemmy.world 5 points 4 days ago

Shillionaires and the politicians who endorse them will be cut into pieces.