(July 8, 2020 at 11:27 am)tackattack Wrote:(July 8, 2020 at 10:04 am)Mister Agenda Wrote: Having millionaires pay into Social Security without benefitting from it personally makes it a tax on the rich.
I wasn't suggesting they don't benefit from it, just that they contribute equally so all can benefit from it, without the caps to protect their wealth. I'm certain they're rich enough to get the lawyers and CPAs to find more loopholes though.
The top earners simply obey the same laws. YES, nobody is arguing they are not.
I am arguing that they don't need it.
NOBODY should argue against success. All I will ever argue is a matter of perspective.
A "punishment" would be if raising taxes or saying "You don't need it" ended the top on cat food. Nobody sane thinks billionaires or millionaires are going to end up eating cat food living in cardboard boxes.
Outside even America, there is not one nation, friend or foe, open or closed state, that does not invest in the global market. It is not my idea of global competition to let China's authoritarian capitalism beat us by driving down labor costs globally just so we can have cheap Walmart crap and burner cell phones.
No sorry, the rich DO NOT contribute equally. China's billionaires don't and our billionaires dont.
The math in every nation is the same, you have those with money and power, whom constitute the few, and the majority of labor those powers make money off of.
