How the Super Rich Are Killing Social Security | Robert Reich

Published: 27 June 2023
on channel: Robert Reich
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Social Security taxes are rigged for the rich — and the program is in danger because of it.

A CEO earning $20M/yr pays Social Security taxes on ~1% of their income.

Meanwhile, a normal worker pays Social Security taxes on 100% of their income.

How does that make any sense?


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