Thursday, December 2, 2010

Social Security And The Bigger Sinking Ship

One of the main reasons that Social Security is sinking is because so much of the wealth has been distributed to the top. With the cap on taxes paid toward Social Security cut off at a certain income, there is less money to pay for it. That is why a true solution would come from making all income taxable for Social Security.

But truly Medicare is in a lot more trouble. Politicians have created a focus on Social Security to divert attention away from the crisis in health care costs.

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