When you hear people talking about “fixing Social Security” and saying that “it’s broke” (hint: it’s not!), just remember this little rhyme.
“The cap” means that if you make over $110,000 per year, you don’t pay into Social Security for all those extra dollars. Because the rich don’t get enough breaks, right? There wouldn’t even be a question on its stability if we collected that money.
It’s a simple fix…
To view the video, click here.
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