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Did not know not all pay into SS.
Always learning. Went looking on web for informatin on Social Security to understand the whole issue better. I found a site that says that only wage earners pay into the system. People who live off interest from trust funds do not pay into the system. It is entirely conceivable to me that someone whio has lived off a trust fund his entire live may exhaust those funds and become a drain on the society.
So why don't we change the system to have everyone participate?
And the other issue I don not understand is why is there a CAP. When I explained this to my daughter in her 20's she thought that it was unreasonable that there was a cap at all. I tend to agree with her. And yes , I am above the CAP.
Can someone provide a historical perspective via a good website on this subject? thanks
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