Fixing Social Security

My proposal is simply to end social security benefits for the extremely wealthy. Let’s not pretend that the IRS doesn’t know exactly how much money each individual has. With that being said, the top earners in this country are still eligible for social security benefits.

My proposal is the simply restructure the social security system so that those who are already multimillionaires, who still have multiple sources of income (pensions, real estate, etc) are not eligible for these benefits. Does anyone really believe Warren Buffet needs his social security benefits? No. This isn’t about beating on the wealthy. This is about redistributing the social security benefits for those who are depending on them due to their age, ability to work, etc.

Many of us know elderly family members who are living check to check on social security alone. Increase their social security benefit amounts while preserving social security for the future. It can be done.