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Home»Opinions»Social Safety may be fastened simply, however it will upset the wealthy
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Social Safety may be fastened simply, however it will upset the wealthy

DaneBy DaneDecember 6, 2024No Comments2 Mins Read
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Social Safety may be fastened simply, however it will upset the wealthy
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Dec. 6, 2024 3 AM PT

To the editor: The ultimate votes from the 2024 election have barely been tallied, the inauguration is greater than a month away, and President-elect Donald Trump’s shut allies are already going after Social Safety. And Medicare might be subsequent! (“GOP and Musk unveil a menace to Social Safety,” column, Dec. 3)

That is the way to repair Social Safety’s insolvency downside: Everybody ought to pay the tax on all their earnings — no loopholes for the wealthy. Nobody ought to pay lower than the proportion paid by a low-wage employee.

I’m a retired instructor. I paid about 25% in earnings taxes final yr. Think about what 25% of Elon Musk’s earnings (in simply sooner or later!) would accomplish — and he most likely wouldn’t miss the cash.

Cathy Zemlick, El Cajon

..

To the editor: Columnist Michael Hiltzik omitted one thing from his in any other case glorious article.

Sen. Mike Lee (R-Utah) stated that if individuals put their cash virtually wherever else, they’d do higher than with Social Safety. Have a look at how many individuals don’t reap the benefits of their employer’s retirement plans, even with beneficiant matches, and also you’ll see simply how huge an “if” that’s.

One motive for the creation of Social Safety is that many individuals merely don’t make investments something for his or her retirement. Outdated individuals promoting apples on the nook was a promoting level for Social Safety.

Does Lee suppose that extra impoverished outdated and disabled individuals is someway factor for America?

Barry Davis, Agoura Hills

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