Political chatter from DC and NYC, the amNewYork way

Raise Social Security age limit

Millionaires and billionaires have their payroll taxes capped, because their benefits are capped. If you want to do something to save Social Security, raise the age limit. It was 65 in the 30s, when the average life expectancy age was around 65. If the benefit age were indexed to life expectancy (like it should have been), the benefit age would be about 75 right now.


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