Ok, smart guy. YOU solve the deficit!

[Platapus]

Originally Posted by tater

So someone making 212,000 a year should have to pay $32,436 in FICA instead of $16,218, but should get the exact same benefit, even though it is supposed to be a "trust find?"

Yup! That's exactly what I meant.

Social security is not a trust fund, it is an insurance fund. The official name of the primary program is "Old-age, Survivors, and Disability Insurance". It is managed under the Federal Insurance Contribution Act. Now the money, after being collected is accounted to a trust fund, but that does not mean Social Security is a trust fund. It is an insurance fund, meaning that people are expected to pay more into it in order to fund it.