"A substantial majority of Americans support requiring higher-income earners to contribute more to Social Security to address the program's upcoming funding shortfall.
Public Support and Context
66% support: Polling highlights strong public backing for making the wealthy pay more into the system.
Insolvency timeline: The Social Security trust fund faces depletion projected around the early 2030s.
Current cap: In 2026, the maximum earnings subject to the 6.2% payroll tax is $184,500.
' Proposed Solutions
Lifting the cap: Lawmakers propose raising or eliminating the wage tax cap so high earners pay on income above $184,500.
Solvency boost: Proponents argue this revenue change extends the program's solvency for decades.
Benefit protection: Advocates favor tax adjustments over across-the-board benefit cuts for average retirees."
"It's only 6% of us that experience any benefit from the cap and an even smaller percentage " three or four " who benefit from scrapping the cap on income above $250,000," O'Malley reportedly told host Blake Burman.
"Most Americans, Blake, think it is unfair that wealthy people don't pay the same tax rate as a custodian in a school or a teacher."
www.usatoday.com
#5
Because he couldn't win the Dem Primary, much less a national election, even when he had the advantage of Caucuses.
And...
"No, the DNC didn't rig' the Democratic primary for Hillary Clinton"
www.washingtonpost.com
After Trump, perhaps we'll be fortunate enough to get someone who can; someone Bernie supports.