A recent AARP survey shows that more retirees are leaning more on their monthly Social Security payments as compared to 20 years ago.
Social Security recipients are set to face an $18,000 benefit cut in just seven years.
-- Axios (@axios.com) Jul 24, 2025 at 1:54 PM
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How Should Social Security Be Reformed? Seniors Consider 7 Options
www.newsweek.com
... Among 1,920 respondents over the age of 62, 50 percent support eliminating the cap on earnings subject to payroll taxes, making it the most popular reform option by a wide margin. ...
"How many people make more than $176K a year?"
About ten or fifteen percent.
The upper limit for the bottom 80% income in 2022 was $155k. Meaning 20% of households are over $155K.
data.census.gov
How many people who make more than $176K a year can't afford to see the SSI cap go up, or go bye-bye?
About zero percent.
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