Quote:
Originally Posted by Bill14564
Illegals do not receive SS.
Illegals *pay* SS as employees so fewer illegals -> fewer employees -> less SS tax collected -> sooner the trust fund is depleted
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You are correct. Only citizens are legally eligible for SS. If any illegals somehow got a hold of SS funds, it’s because they did it through fraudulent acts to get it. The government has never allowed anyone but citizens eligible for SS.
When the time comes, no matter the administration, I don’t think Congress will allow the cut in SS because they know it would be shootings themselves in the foot. The public won’t put up with it. The easiest way to fund it is to remove the high income cap and allow all to fund it. Since many high earners don’t receive “income” but make their money on capital gains, there may need to be a new rule for that. Maybe if you don’t contribute to SS but take capital gains, then you have to pay into SS based on capital gains. This would assure high earners to take a SS taxable salary of high earnings, so their capital gains don’t get taxed.