2 months, 4 weeks ago

Letters to the Editor: The left’s myth of the unequal Social Security tax

To the editor: Where is the inequality in Social Security? If a millionaire pays the exact same amount annually in Social Security taxes as someone making around $200,000, and they both receive exactly the same return, that is the definition of equality. It makes no difference if the millionaire makes his payment to Social Security in the first week of the year and his counterpart finishes his payment in December. The Social Security system actually benefits by earning a return on the millionaire’s payment for 12 months. To the editor: I agree with columnist Michael Hiltzik on the inequality of Social Security taxes.

LA Times
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