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We can save Social Security. Scrap the Cap!
(thelemmy.club)
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this post was submitted on 07 Aug 2026
301 points (97.8% liked)
Work Reform
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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.
Our Philosophies:
- All workers must be paid a living wage for their labor.
- Income inequality is the main cause of lower living standards.
- Workers must join together and fight back for what is rightfully theirs.
- We must not be divided and conquered. Workers gain the most when they focus on unifying issues.
Our Goals
- Higher wages for underpaid workers.
- Better worker representation, including but not limited to unions.
- Better and fewer working hours.
- Stimulating a massive wave of worker organizing in the United States and beyond.
- Organizing and supporting political causes and campaigns that put workers first.
founded 3 years ago
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If you make $176K your SS payout is $5,251/mo.
If you make $5M your SS payout is $5,251/mo.
If we remove the cap on contributions, is it fair to remove the cap on payouts?
(My personal answer is no, but it is hard to argue about the lack of equity in that case. The original cap on both ends was built with that in mind)
If you're making $5M a year, you likely will never need any payout. Its the whole point of a progressive tax system. The wealthy can afford to pay more, and require less support from the state.