67°F
weather icon Clear

LETTER: Remove earnings cap on Social Security taxes

There has been much discussion about how to save Social Security. Eliminating the earnings cap on Social Security taxes will help. Currently, Social Security deductions are eliminated when earnings are more than $160,200, up from $147,000 in 2022. Eliminating this cap will, by some estimates, reduce the projected shortfall by 75 percent. This will impact only higher-earning individuals and corporations.

Also, Social Security recipients pay income tax on Social Security payments if their income reaches a certain level. This effectively reduces their benefits. This tax payment should be credited back to the Social Security Trust Fund rather than the general fund. The general fund is currently at a record high in annual receipts.

These changes will have a minimal impact on most citizens and help save Social Security.

THE LATEST
LETTER: Where were the banks in the Donald Trump saga?

It is the bank’s full responsibility to fully vet people or businesses that are applying for loans. If bank officials are operating in a criminal, lazy or unethical way, they should be the ones on trial.

LETTER: Joe Biden and Iran

With the threat of an Iranian attack on Israel, the Biden administration issued it’s most terrifying single-word directive to Iran, “Don’t.” Unfortunately, Iran did.

LETTER: Biden’s bungles student loans, the border

Mr. Biden opened the border. He can close the border. If he does not have the authority to close the border, then he did not have the authority to implement his first action, that of opening the border.

LETTER: O.J. tribute in bad taste

Mr. Katsilometes is apparently such a slave to celebrity that he is blinded to the character flaws of the violent felon who he remembers in fawning and adoring terms.

LETTER: Justice is not always served

Two Friday articles remind us that our “justice system” does not work well. It works better as an “injustice” system.

LETTER: No comfort in falling inflation rates

I suggest that our politicians spend less time attacking each other and more time developing a plan to reduce inflation.

LETTER: Jacky Rosen runs from her Democrat-ness

As a lifelong Democrat, I agree with Cobey Du’bravo’s Wednesday letter in which he criticized Sen. Jacky Rosen’s campaign ad for implying she is a maverick Democrat.