This is a short piece with an idea to fix some things by fixing Social Security. What do you think?
--Kim
Want to Make America Great Again?
Fix Social Security — for real
Here’s a plan: Remove the earnings cap so everyone pays in on all their income.*
Reinstate a corporate contribution similar to what companies used to pay into pensions before they gutted them and stored the money offshore instead roughly 4% of payroll, restoring what workers had in the 1970s.**
Use it to fund a 20% increase in Social Security benefits.
The math (our own estimate, not an official score): a 20% benefit boost costs about $320B/year. Removing the cap alone generates about $265B/year.***
A 4% corporate contribution adds another: $415B/year …enough to close the gap and boost benefits.
And unlike corporate profits parked offshore, this money would almost always be spent the same year it’s received by retirees at grocery stores, auto shops, and restaurants. We believe that would be a giant boost to the economy.****
*Source: SSA Office of the Chief Actuary — eliminating the tax cap improves the program’s balance by 2.55% of taxable payroll
**Source: Willis Towers Watson / BLS data on historical employer pension contributions (via Houston Chronicle, 2017)
***Source: 2025 SSA Trustees Report ($1.6T total program cost, used to estimate 20% increase cost)
****Source: National Institute on Retirement Security, “Quantifying the Economic Impact of Social Security Benefit Spending,” Oct. 2025
Note: These are illustrative estimates built from real data, not an official CBO/SSA score of this specific proposal.
This is meant to start a conversation, not settle one. We know economists will disagree on some of these numbers … that’s the point. It’s ok to Push back, poke holes, tell us what we’re missing.
Make America Great Again and
Fix Social Security!!!
Let’s Go.
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