Generating all kinds of hatred directed at boomers who are considered leeches, Matt Walsh and some prominent Repubs (Ben Shaperio Dana Loesch Peter Schiff) are jumping on the eliminate Social Security Retirement bandwagon so they can keep their 6.2%. 12.4 if self-employed. Politicians include. All Repubs and it looks like the movement is picking up steam in Repub circles. To provide a flavor
Started out with a 2% employer/employee split and expanded thru the years to 12.4% employer/employee split. There was
I do not know of any politician who would favor eliminating 1.131 Trillion from the General Fund so payers could keep their 6.2%. Do you?
Started out with a 2% employer/employee split and expanded thru the years to 12.4% employer/employee split. There was
| About $1.131 trillion in net payroll tax contributions for the Old-Age and Survivors Insurance (OASI) program alone was collected in calendar year 2025 and deposited as cash into the Treasury’s general fund. |