I wish you wouldn’t show me the pretty things I will never have. At age 70 and forced into retirement from a 49 year nursing career, the changes you cite as “coulda woulda” would have made a fantastic difference in my existence.
I kind of wish Bernie had been nominated in ‘16 cause I do believe he would have kicked donnie’s ass
Possibly why donnie did not want to debate Bernie.
Feel the Bern!
The problem I have with getting rid of the Social Security cap is that most of the people we're talking about don't usually have earned income. They don't get a W-2. And m/billionaires can just get paid other ways such as dividends or stock options. Elon's never paying billions in SS tax. Or at all.
Plus... we're talking about paying 12.4% of one's "earned income" into the Social Security Trust Fund. A totally separate issue from income or capital gains taxes. (One affects rich people; the other doesn't.)
Bernie's plan had SS/Medicare only patched until 2038 when the deficits returned.
Uncapping only closes 1/2 of the gap and only a short-term gain for roughly 5 years without other reforms.
Raising certain taxes eventually means lowered investment in other social welfare/education programs.
Fixing the broken economy must come first, keep the money out of their hands to start with. We have to stop the bleeding. Democrats need to run on better pay for the working class, taxing the wealthy alone will not work.
It’s so clear after paying into SS my whole working life it’s criminal how low the amount is - and it’s because we don’t tax rich people and corporations they pay no taxes and we pay the price
As long as we have special interests bought and paid Republicans,this kind of common sense will never happen ,but we have all these folks that continue to vote against their own self interests
Imagine that after all that you still have multiple billions at your disposal, and would make the lives of nearly all retired Americans who helped fund the subsidies your companies received fulfilling YOUR lifelong dreams...but instead you spend that money to destroy them. Fuck you Musk.
The tax cuts are why musk is glued to Trump’s ass. Those proposed cuts will net tens of billions for Elmo. He didn’t invest $250 million in Trump’s campaign for nothing, it was all for these cuts worth billions.
Who said anything about need? It’s an ideology. It’s part of who they are.Most billionaires in America don’t pay any tax. It’s the way the system is designed and it’s not enough for them. Their hands go up first when it’s time to cut off aid to the starving and the poor. Who knows
While Trump and Musk dismantle democracy in real time, the Democratic establishment clinks glasses. AOC and Bernie are sounding the alarm. This blistering op-ed says what others won’t about silence, surrender, and the fire we should be fighting.
Comments
Possibly why donnie did not want to debate Bernie.
Feel the Bern!
Plus it was a wealth tax. If he can borrow against it then it can be taxed
The Stock Award was not a salary concern, but Musk maintaining enough shares to control company.
The 16th Amendment is an issue for taxation. Unrealized gains can't be taxed under current law.
Uncapping only closes 1/2 of the gap and only a short-term gain for roughly 5 years without other reforms.
Raising certain taxes eventually means lowered investment in other social welfare/education programs.
Sounds like salary
That's not how this works... those grants are non-monetary payment.
Not so smart.
https://jasonegenberg.substack.com/p/while-rome-burns-trump-has-a-plan