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0 sats \ 4 replies \ @Undisciplined 7 May \ parent \ on: US Treasury issues 125 billion dollars worth of new bonds this week econ
Sometimes you'll hear people propose things like "no social security for people with more than $X in assets."
That seems like the most politically viable strategy to me. You're the one rubbing elbows with congressmen though, so maybe that's not really being considered.
From what I understand there already is something along those lines already in law. Granted I think it is for the 0.01% like the Warren Buffets who are the affected ones because there is something about being able to make money and drawing on social security that essentially if you make to much money you don't get social security there is like a chart of diminishing returns if that makes sense
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There's an income limit on paying into social security, which indirectly affects eligibility. Rich people don't pay in and therefor never become eligible to withdraw.
However, people who did pay in become eligible regardless of their wealth or other income.