Editor:
Social Security is sure to be talked about as the next election nears. It is always the other guy’s fault, of course. An ad in the 2012 presidential campaign depicted Republican vice presidential candidate Paul Ryan pushing grandma off a cliff. Republicans blamed the Democrats. Their solution always is raising the tax or raising the retirement age.
A Nov. 3 guest editorial by Bloomberg Opinion (“Social Security is approaching financial crisis”) suggested raising the earnings cap. I think the cap should be eliminated. Those making more than $160,000 should pay the tax on all their earnings like everyone else. Since members of Congress make more than the cap, don’t hold your breath on any changes.
The editorial also suggested a forced savings plan, which is exactly what Social Security is. We do not need another forced plan on us. Bloomberg would like to tell those standing in a Helping Harvest line that they need to have more money taken from their paycheck. And of course the government would have control over the money.
The government has proved it does not know how to spend our money. Would we call this a thrift plan or what it really is, a tax plan?
Joyce Maurer
Spring Township
Source: Berkshire mont
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