More liberal fuzzy math.....Everyone pays the same.
Now
that's fuzzy math. Examples:
Middle-class pilot making $65k per year pays $4,030 per year, or a flat 6.2% of his income into the SS program.
Middle-class pilot making $97,500 per year pays $6,045 per year, or a flat 6.2% of his income into the SS program. This is the absolute max that can be contributed under the current scheme.
Now, upper-class executive making $400k per year pays the same $6,045, or just
1.5% of his income into the SS program. He makes $302,500 more than the previous pilot (a 310% difference), but pays a fraction of the percentage that the pilot pays into the SS program. This is a direct tax on the middle class and poor, while the rich practically get a free ride. Unconscionable.
Under Obama's plan, everybody pays the same 6.2% of their income, whether they make $50k or $500k. Now
that's fair.
If you place the burden on employers, then that money will come from somewhere else in the benefit package
For many Americans,
there is no benefits package!!! That's exactly why we have to have these ridiculous programs like SS and Medicaid. Employers don't treat their employees like human beings, so the government has to pick up the tab to make sure there's a safety net. Otherwise you end up with a huge burden on society from homeless elderly and sick lower-class workers. If companies like WalMart had to provide these programs for even the lowest-paid employees, maybe the government could get out of the retirement savings business.