5 Social Security Changes if Kamala Harris Wins The Elections
1. Tax higher income
Social Security has an uncertain future in America, which is why a lot of debates on this subject were held recently. Within the next decade, the program Old Age and Survivors Insurance (OASI) Trust Fund is most likely to run out of money. So, the constant fear senior Americans face daily is completely normal and understood. It’s expected the Social Security program to be left solely dependent on the payroll taxes. Unfortunately, those taxes currently cover about 77% of benefits.
Biden Harris administration proposed a four-point plan to address the OASI shortfall. It would impact high earners who can depend on their retirement savings to get by.
A key feature of the plan would be:
Tax-earned income above $400,000, leaving wages between $168,600 and $400,000 untaxed. In 2024, any wages above $168,600 are not taxed, up from $160,200 in 2023.
25 Responses
Yes I think Social Security is very important to the elderly . Without it we wouldn’t be able to surrive each month . With increases in the essentials, food ,medicines , gas, rent , electricity ,heat ,water , health insurance,and all the other insurances and taxes ,property taxes , automobile taxes every year , inspection on your automobile every year , I will tell you the GOLDEN YEARS are not golden , unless you are a very rich person to begin with . An average person that has worked all his / her life can not stretch that measly SS check enough to stay afloat of it all . And raising the age limit to retire is absolutely crazy . We paid that money in all these years for our retirement and if the government hadn’t use it for other purposes , the government wouldn’t be running out of money for the elderly now . They make it sound as though they a rewarding this to ,WE PAID EVERY CENT IN EVERY YEAR FOR SECURITY ………AND NOW YOU THE GOVERNMENT WANTS TO RAISE THE AGE LIMIT AGAIN TO RECEIVE THEIR BENEFITS BACK FROM IT . THIS WAY ALOT OS SENIORS WON’T SEE A DIME OF IT AS LOT OF THEM HAS ALREADY PASSED AWAY . SO THE GOVERMENT SHOULD HAVE EXTRA MONEY , NOT RUNNING OUT OF THE SENIOR MONEY ,THAT WE ALL WORKED HARD FOR . LEAVE OUR SOCIAL. SECURITY ALONE , STOP AGITATING AND WORRYING THE ELDERY EVERY TIME THEY HEAR ON THE NEWS ABOUT CUTS TO. SOCIAL SECURITY AND OR. MEDICARE …….OR AGE LIMIT GOING UP AGAIN . LOOK 👀 AT OBITUARIES , ALOT OF PEOPLE AREN’T LIVING TO BE AS OLD AS THEY USE TO . AND YET YOU WANT TO RAISE THE AGE. 65 IS A GOOD RETIREMENT AGE ,LIKE USE TO BE . THEN MAYBE YOU’D HAVE A FEW DECENT YEARS TO RELAX IN . ALOT OF PEOPLE DON’T EVEN MAK IT THAT FAR . SO THEN YOUR NOT PAYING OUT THOSE CHECKS . SO AS I SAID IF THE GOVERNMENT WOULD LEAVE THE MONEY THAT IS TAKEN OUT OF CITIZENS PAYCHECK EVERY WEEK ALONE AND IS ONLY USED FOR RETIREES …… AND NOT BORROW FROM IT AND THEN NOT PAY IT BACK LIKE THEY HAVE DONE . OUR RETIRED CITIZENS WOULDN’T KEEP HEARING : GOT TO RAISE THE AGE LIMIT ON S.S. AND CUT TO BACK ON IT . WOULD LOVE TO SEE HOW THE PEOPLE IN THE GOVERMENT WOULD SURVIVE ON WHAT WE RECEIVE FROM OUR S.S. (You’d probably become vegetarians awful fast ( meat $$ ) not to mention vegetables are pricey to . But not as bad as meat ……
GOD bless you Gladys I couldn’t have said it any better!!!!!
You’d be in big trouble if she’s elected, just like Cuba. If you want wealth, you want a president who will end wars, drill oil, it’s that simple. Harris Regime wants to borrow 5 Trillion for the weather. We’d be bankrupt. We practically are. And prices will keep rising making any money null.
I think like Biden and others of the left there is no lie she won’t spin to achieve her goal . She is a product of her mentors Obama and Biden both who became rich off of this country and it’s hard working people . There is no financial program they won’t back and then figure a way to loot little by little to enrich themselves thinking it is their just due .
You are going to talk about LIES & LYING – – and then say it’s Karmala who is the liar – – REALLY? WOW WOW WOW!!!! What world are you living in? Every word that comes out of your conman cult leader’s mouth is a LIE – – the biggest one being what he can’t stop talking about – – the “stolen election”, that of course was NOT stolen! The hate & ignorance that spews from his mouth every hour on the hour is reason enough alone to run as far away as possible from this conman. He repeats his lies over & over & over again & people like you believe every single one of them. When HIS Project 2025 takes hold, which he denies, you will all be sorry as our country, our democracy, will be unrecognizable. To me this is the most important thing by far. I’d rather pay a bit more for chicken & eggs than put a dictator in power. You all should be ashamed of yourselves for what you are doing to the greatest democracy to ever be.
President Trump has repeatedly denounced Project 25, which is a series of plans concocted by the Heritage Foundation. Please do your research.
Also, the USA is NOT a democracy. The USA is a republic. Read the Constution.
If you want to see what Democrats do to this country just visit San Francisco, Chicago, NYC, San Antonio, San Diego.
Vote with knowledge, not emotions.
“WHO AM I VOTING FOR – AND WHY?!!”
That moment when someone says, “I can’t believe you would vote for Trump.”
I simply reply, “I’m not voting for Trump.”
I’m voting for the First Amendment and freedom of speech.
I’m voting for the Second Amendment and my right to defend my life and my family.
I’m voting for the next Supreme Court Justice(s) to protect the Constitution and the Bill of Rights.
I’m voting for the continued growth of my retirement and reducing inflation.
I’m voting for a return of our troops from foreign countries and the end to America’s involvement in foreign conflicts.
I’m voting for the Electoral College and for the Republic in which we live.
I’m voting for the Police to be respected once again and to ensure Law & Order. I am tired of all the criminals having a revolving door and being put back in the street.
I’m voting for the continued appointment of Federal Judges who respect the Constitution and the Bill of Rights.
I’m voting for keeping our jobs to remain in America and not be outsourced all over the world – to China, Mexico and other foreign countries. I want USA made.
I’m voting for secure borders and have legal immigration. I can’t believe we have actually have flown 380,000 illegal immigrants into our country.
I am voting for doing away with all of the freebies given to all of the illegals and not looking after the needs of the American citizens.
I’m voting for the Military & the Veterans who fought for this Country to give the American people their freedoms.
I’m voting for the unborn babies that have a right to live.
I’m voting for peace progress in the Middle East.
I’m voting to fight against human/child trafficking.
I’m voting for Freedom of Religion.
I’m voting for the right to speak my opinion and not be censored. I am voting for the return of teaching math, history, and science instead of indoctrination of our children and pronouns.
I’m not just voting for one person, I’m voting for the future of my Country.
I’m voting for my children and my grandchildren to ensure their freedoms and their future.
What are you voting for?
Your voting for everything the Democrats are trying to stop. You better do better research before it’s to late. My neighborhood in Florida has a problem that you better thing about. The homes that have a Harris flag seen to forgot to fly and American flag. Explain to me how Harris is unqualified to be Vice President but now she is the best to run for office. Give me a break
Ther are no breaks where your going John.
I agree Tom. Thanks for sharing this.
Im not voting for someone who called for an insurrection!!! I’m not voting for a women hating bigot who couldn’t except defeat.!!
KH Is too Radical and extreme.
She would be a disaster for America.
With rising costs of EVERYTHING, it is hard to survive.You can’t find and apartment much less a house for $1000.00 + a month in our state.And if you do, you do not want to live there. No wonder we have so many homeless people.My check of only 1359.00 after insurance is taken out, does not leave anything for much more. See if all the cabinet people can survive on that.I dare them to,for 6 months with no help from their own money or credit or family members, live like we live for the amount we live own. Quit giving yourselves raises and deduct some of that to give back to SS. Most of the time you people are not worth the moneys you pay yourselves. GIVE BACK And I think all money over the $200,000 mark should be taxed just like everyone else below that amount and quit letting the less payed people shoulder the full burden of everyone.
I do not trust Kamala Harris one iota! She has proven only that she is a fly-by-night, selfish, flip-flopping on her stand for what she says she believes, cackling person. Our nation will only continue to be a laughingstock to the world if she were to win the presidential election
Ellen you and Trump would get along just peachy you both hate women.
I wouldn,t trust her as far as i can throw her
Wow! A Democrat candidate for President getting an endorsement for fellow Democrat, Barack Obama. Come on. Is that all you’ve got. Harris-Walz = more illegal immigration, more taxes, more governmantal intervention, continued high prices. Look, we just got back from the grocery store. Everything is higher priced…everything! You can fool some of the people some of the time, but you can’t fool me.
If she wants to help SSI, maybe she should get Congress to start refunding the money Congress has taken out of SSI, to fund other projects! If Congress would start doing that instead of funding all these bogus projects it funds using SSI money, SSI would be in a better shape!
No taxes on social security
Good information
She has had almost 4 years to address this issue and try to get it fixed – now all of a sudden she is on board!!!!! Please – give me a break – she will say anything to get herself elected and then do her usual …. which is nothing!
Your article was very much tilted towards Harris. You make it sound like she wants to help those who worked hard all their lives & are now on Social Security -or soon will be. I don’t see that desire in action after they’ve been the ones running the show for the last 4yrs, especially when she’s for giving benefits to those immigrants who’ve entered our country illegally! I would love to have seen you give a balanced approach to what we’re likely to see with Social Security after the election if Trump wins (and, give us information what Trump did to aid seniors during his first term as President).
Thank you, Steve
THere are plenty of great black women who should be running for President. She is not one of them. She has not had to face the decisions she has made in San Francisco. That is a sad example of her affect on a city let alone a country.
NOOOO to Kamala, we need the economy of this country to get better, no worse. Since Biden was elected the inflation is going up and up, so no to Kamala.
Trump is a convicted criminal
Killed honorable citizens on January 6, 2021 and did nothing about it.
He needs to be wearing orange to match his hair….
If he would win – I’m moving out of the United States for good
Nuff said….