

every American worker pays into the social security system as a tax on income.
One irritating note on this: there’s a limit to how much social security tax you pay per year. So if you’re making a lot of income, you just stop paying this tax partway through the year.
This is pants on head stupid and regressive. It should be the other way around. Your first, let’s say $10,000 should be exempt from the tax, and it should get steeper as income goes up.
Rich guy absolutely does not need the bump in take home pay from hitting the cap. Poor guy definitely could use the extra income early income not being taxed.
I’m just so mad all the time about people licking the boots of the rich. They don’t need breaks! They’re rich! They’re going to be fine!
If we were all in the room, we could strangle Sam Altman or whatever other capitalist dog was calling the shots.