To the editor: There’s a easy answer that might clear up Social Safety’s “operating out of cash” downside merely and pretty — take away earnings limits for paying the tax, at the moment $168,600. (“Trump promised he won’t cut Social Security. Should you trust him?” column, Dec. 10)
I’ve had years the place my pay went past the restrict, so Social Safety taxes weren’t withheld on earnings above that. It was good to get just a few further bucks in my paycheck, however let’s be trustworthy: When you go these limits, the tax break isn’t giant sufficient to make a fabric distinction in day-to-day residing.
Nevertheless, chopping advantages to retirees by 30%, as is predicted in a decade or so, would have a big impression on many individuals’s lives. It might additionally have an effect on society, the financial system and probably our nation’s standing on the earth, significantly because the retired inhabitants swells and outnumbers that of youthful generations.
Kathi Weiner, Dana Level
