Social Security can be saved. Scrap the cap!

5 days ago by sanitation to c/workreform

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Burninator05 28 points 4 days ago

While someone making millions should be taxed at 100% for SS like most of us, think about how much would be in the fund if capital gains were taxed that way as well.

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Rivalarrival 9 points 4 days ago

Enough to lower the social security age from 67 years to 6-7 weeks gestational age. Remove the cap, include cap gains, and UBI becomes a thing.

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boonhet 4 points 3 days ago

Well, no.

The thing is, if everyone's retired and nobody's working, there's no productivity, meaning there's either no money, or money is meaningless

It could certainly be reduced by a pretty good number of years though. Enough that you start your retirement when your body and your mind is still "all there", you get to enjoy it.

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Vandals_handle 9 points 3 days ago

Millions of people work for free every day, we call them volunteers. Many of our institutions including hospitals, parks, schools, sports leagues, museums, food banks, community theaters and zoos depend on volunteer staffing to run their programs.

When I hear someone say no one will work if they aren't paid, I hear projection.

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AdolfSchmitler 3 points 3 days ago

OK but a decent minority of people would complain, no?.. "If someone had to spend over a decade of their life in college and grad school to be a doctor or something, and Joe just started driving a forklift out of high school, should they both be working for free?"

As in volunteer work is typically general labor, while many things require very deep, specialized knowledge obtained thru years of schooling. Doctors, engineers, economists, etc. Im sure some people would still pursue those things out of sheer love. But I imagine for some people the potential of earning more is that extra motivation that pushes them down that path.

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Vandals_handle 2 points 3 days ago

Doctors Without Borders, legal aid society, Plenty of credentialed professionals volunteer their services as well.

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CalypsoGirl 2 points 2 days ago

I can't help wondering how Doctors Without Borders survive while spending all their time working for $0.

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workreform
workreform

@lemmy.world

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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

Our Philosophies:

  • All workers must be paid a living wage for their labor.
  • Income inequality is the main cause of lower living standards.
  • Workers must join together and fight back for what is rightfully theirs.
  • We must not be divided and conquered. Workers gain the most when they focus on unifying issues.

Our Goals

  • Higher wages for underpaid workers.
  • Better worker representation, including but not limited to unions.
  • Better and fewer working hours.
  • Stimulating a massive wave of worker organizing in the United States and beyond.
  • Organizing and supporting political causes and campaigns that put workers first.

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