Crisis in Ukraine should teach us a lot – Rick Scott opened pandora’s door on Social Security
Millionaires Don’t Pay Their Fair Share Into Social Security. Rick Scott Wants to Keep It That Way: Today, people who are earning $1 million in 2022 stop contributing to Social Security. Those who are earning $2 million stopped contributing in January. Those earning $500,000 will stop contributing this spring. Most people don’t know this, because most of us—94 percent of workers—contribute all year long. The overwhelming majority of workers see 6.2 percent deducted from every paycheck, all year long. Not the wealthiest. They essentially get a pay raise: A 6.2 percent increase in their…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.