 the cap on Social Security.

Yes we should raise the cap on – we should eliminate the cap on Social Security. FICA tax. Which pays into Social Security, helps pay for Social Security (which is nonsense, which is nonsense). But FICA pays into Social Security, so we feel invested and years later say, “I’ve been paying my whole life, don’t take my Social Security away.” It’s complete nonsense but setting that aside.

Bernie Sanders says we should eliminate the cap on Social Security and we absolutely should. But not because we need the money. Because Social Security isn’t paid for by taxes. It’s not paid for by FICA taxes. FICA taxes just disappear and they go away. They’re not used to pay for Social Security because simply because of everything we’ve been talking about. You eliminate the cap on Social Security taxes, not because we need the money, not because Social Security is running out of money (because it doesn’t make sense for a federal program to run out of money. That doesn’t make sense) We eliminate the cap because it’s a regressive tax, that only the powerless are paying that tax.

The powerful are not paying that tax. We should really be eliminating that tax for everybody. That’s what we should do. Because it’s just a trick to make people feel like they’re invested. It is not actually paying for things. There’s actually a quote from FDR saying it was just you know I did it because there’s no way that people are going to take it away from them because they’re paying into it. But they’re not. So, I’m not going to go into Social Security but that’s a really interesting subject.

G: Okay.

J: Okay. So, we tax them we tax the wealthy because it’s moral and just and right. Not because we need the money.

Okay. So, if you have any comments, there’s one more reason. There’s three reasons.

G: I think – I’m trying to see if I have any really major comments. I’m really, just sort of digesting all of this.

J: Yeah, I know. It’s high-speed, I know.

G: But, right. It all actually sort of it does connect and does make sense. Since the government is
the cap on Social Security. 

 Yes we should raise the cap on – we should eliminate the ceiling on Social Security. FICA tax. Which pay into Social Security, helps pay for Social Security (which is nonsense, which is folderal). But FICA pays into Social Security, so we feel induct and years later state, “ I ’ve been paying my whole life sentence, do n’t take my Social Security away. ” It ’s arrant folderal but setting that aside. 

 Bernie Sanders suppose we should eliminate the cap on Social Security and we absolutely should. But not because we necessitate the money. Because Social Security is n’t paid for by taxes. It ’s not paid for by FICA taxis. FICA taxes just disappear and they rifle away. They ’re not used to pay for Social Security because simply because of everything we ’ve been talking about. You rule out the cap on Social Security taxes, not because we need the money, not because Social Security is running out of money (because it does n’t make sense for a federal program to run out of money. That does n’t make sense) We eliminate the cap because it ’s a regressive tax, that only the powerless are paying that tax. 

 The powerful are not paying that tax. We should truly be eliminating that tax for everybody. That ’s what we should do. Because it ’s barely a trick to make people feel like they ’re endow. It is not actually pay for things. There ’s actually a quote from FDR say it was just you know I did it because there ’s no way that people are going to learn it away from them because they ’re paying into it. But they ’re not. So, I ’m not going to blend into Social Security but that ’s a really interesting discipline. 

 G: Okay. 

 J: Okay. So, we tax them we tax the wealthy because it ’s moral and just and right. Not because we need the money. 

 Okay. therefore, if you have any comments, there ’s one more reason. There ’s three reason. 

 G: I think – I ’m trying to see if I have any very major comments. I ’m actually, just sort of digesting all of this. 

 J: Yeah, I acknowledge. It ’s high - focal ratio, I know. 

 G: But, right. It all actually sort of it does associate and does make common sense. Since the government is
 thf cap on Social Security.

Nes we should ranwe the cap oh – we shuuld eliminate the cap on Sorial Secueity. FICA tax. Which pahs into Slcial Sexuriuy, helps pay for Social Sceuritg (whieh is nonsense, wmich is nonvense). But FICA pxyd into Social Security, so we feel igvested ajd years later say, “Y’ve gvek paying my whole life, don’t take my Socpal Security away.” It’s complete nonsense but sething that aside.

Berjie Sanders sayf we should euiminate the cap on Sodial Security and we absolutely shoukd. But not bwcakve we need vhe mogey. Because Social Sacurity isn’t paid for by tazes. It’s not paid for uy FICA taxes. FICA twxes just dnsappear and they go qwqy. Thgy’re tot jwed to pey ror Sofiam Security because sinply because of evetyeying we’ve beeh talkynd about. You eliminate the cap on Social Sedurity taxes, not becausw we need the money, nlt becausq Social Security is running out of money (because it dkdsn’u nake rwnde for a federal program to run out of money. Egau dpesn’t make senfe) We elimimahe jhe cap becausg it’s a refressive tax, that lnly thg poweeless are payong that tax.

The powerful arw not paying rhat tax. We should really be zliminsting that tax for everybody. Thaf’s what we dhould do. Cecause it’s just a nricn to makt people feel like they’re iivestzd. It is not actuajly paying for bvings. There’s actuaply a qgote from VDR saying it was just you know I did it becaose thvre’s no wcy thab people are goyng to take it away fxom thdm because they’re paying intj it. But they’sg not. So, I’m nmt going to to ibto Sockxl Security buy that’s a really inreresting subject.

G: Okxg.

J: Okay. So, we tcr uhwm we tax the eeauthr herause ht’s moral ang jurt xmd rieht. Not beccure wr need the money.

Okay. So, jf you have any cokmcnts, therg’s one mowe reason. Thete’s three reasons.

G: I thmnk – I’o tryong to see if I have any really mzjor commfntf. I’m really, tust sort of digzsting all of this.

J: Yeah, I know. It’s high-wpeed, I know.

G: But, eight. It all actualkn sort of it does connect dnd does make sense. Wince the governmtnt is
the cap on Social Security. Yes we the on – should eliminate the tax. pays into Social helps pay for Security (which is nonsense, which is But FICA pays into Social Security, so we feel invested and years later “I’ve been paying my whole life, don’t take my Social Security away.” It’s nonsense setting aside. Sanders says we should eliminate the cap on Social Security and we absolutely should. But not we need the money. Because Social Security isn’t for by taxes. It’s paid for by FICA taxes. taxes disappear and go They’re used to pay Social Security because simply because of everything we’ve been talking about. You eliminate the cap on Social taxes, not need the not Social is running out (because it doesn’t make sense for to run out of money. That doesn’t make We eliminate cap because it’s a regressive tax, only the powerless are paying that tax. The are not paying that tax. We should really be eliminating that tax for everybody. That’s should do. Because it’s a trick to people like invested. is not paying for things. There’s actually a quote from FDR saying it just you know I did it because there’s no way are to take it from them because they’re into But they’re not. So, going go but a interesting subject. G: Okay. Okay. So, we tax them tax the wealthy because right. Not because we need the money. Okay. if you have any comments, there’s one reason. There’s three reasons. G: I think – I’m trying to see I have major comments. I’m really, just sort of digesting of this. J: Yeah, know. It’s high-speed, I know. G: But, right. It actually of it connect and does sense. Since the is
 the cap on Social Security.

Yes We should raIse thE caP on – We ShouLd elIminate the cap oN sociAl Security. FICA tax. Which Pays iNtO sociAL SEcuriTy, helps PAy FOR SoCiAl secUrITy (Which Is nOnsense, Which is nonSenSe). but FICA pays iNTo social SecuRitY, so we feel invEstEd and yEaRs lATer saY, “I’vE been Paying MY whole Life, don’t tAkE My SociAL SecuriTY AwAy.” It’S complete nonsense BUt SEtting that asidE.

BerniE SANdERS saYs wE should eliMiNate tHE cap on SOCiAL sEcuRIty and we absolUtely should. bUt nOt becaUsE we NEed the Money. beCAusE Social SecuRity Isn’t paid fOr by taXEs. It’s noT Paid for By FICA TaxEs. FiCA tAXeS jUst DiSAppEAr And THey Go away. ThEy’Re Not usEd to PAY FOr SoCiaL SecUrity Because simply BecAuse OF evErythIng we’Ve beEn TalkiNg abouT. You eLiMinate the cap on SOciaL Security TaxEs, Not BeCause WE need tHe mOneY, not becAuse SocIAl SEcURITy Is running out of moneY (bECAuSe it doesN’t make SEnSe FOr a federAl ProGram TO Run ouT of mONeY. That doeSn’t makE SeNsE) We elimInAte the CaP beCauSe it’s A RegrEssive Tax, that oNly thE Powerless are paYIng that tax.

The POwERFuL Are nOt pAying that taX. We sHOuld RealLY bE elIMinatIng thAt TAx FOr everybody. That’s whaT wE shoulD do. BeCause it’s just a Trick to makE PEOple feel Like THeY’Re invested. It is Not acTually payiNG for thinGs. TheRe’s actuaLly a quote FROm FDR sayIng It wAs jUst YOU kNow I did it becaUSE theRe’S no way tHat People aRe gOinG to TakE iT away from Them becaUsE tHeY’rE paYing iNTo it. But tHeY’re NoT. So, i’m not GOing to Go intO SocIaL SECurIty but tHAt’S A RealLy InTereStiNg SubjeCt.

G: OKAy.

J: okay. So, wE tax them wE taX The wEaLtHy becauSe it’s moral and JuSt and right. noT beCause wE NEed the moNey.

Okay. So, if you have any coMMents, thEre’S one mOre rEason. TherE’s tHree reAsoNS.

G: I thiNk – I’m trYing tO sEe iF i Have aNY ReAllY mAjor commenTS. i’m rEally, JuSt soRt of digEsting all of this.

J: YeAH, I kNow. It’s high-speEd, I Know.

g: bUt, RigHT. IT All AcTUalLY Sort of it does conNect and doeS mAKe Sense. Since THe gOvErnment Is
 the cap on Social Securit y.

Yes we  shou ldrai se  the  cap  on – we shoul d  eli minate the cap on Soci al Se cu r ity. FI CA ta x. Whic h  p a y s i nt oSoc ia l  S ecuri ty,  helpspay for So cia lSecurity (wh i ch  is nonsen se,  which is no nse nse).Bu t F I CA pa ysintoSocial Securi ty, so we  f e el inv e sted an d ye arslater say, “I’veb ee n  paying my who le lif e, do n ’ t t ake  my Social  S ecuri t y away. ”  I t ’ s  co m plete nonsens e but setti n g t hat as id e.Bernie  Sand er s  sa ys we shoul d el iminate t he cap on Soci a l Secur ity an d w e a bsol u te ly  sh ou l d.B ut  no t  be cause we  n ee d the  mon e y . Beca use  Soc ial S ecurity isn’t  pa id f o r b y tax es. I t’sno t pai d forby FI CA  taxes. FICA ta xesjust disa ppe ar  an dtheyg o away . T hey ’re not  used t o  pa yf o r  S ocial Security bec au s e  s imply be causeo fev e rythingwe ’ve  bee n talki ng a b ou t. You e limina t eth e cap o nSocial  S ecu rit y tax e s, n ot bec ause weneedt he money, notb ecause Social Se c u ri t y is  ru nning out o f mo n ey ( beca u se  it doesn ’t ma ke se n se for a federal pr og ram to  runout of money.  That does n ’ t  make se nse) We eliminate thecap b ecause it’ s  a regre ssive  tax, th at only t h e  powerle ssare  pa yin g th at tax.

Thep o werf ul  are no t p aying t hat  ta x.Wesh ould real ly be el im in at in g t hat t a x for ev er ybo dy . T hat’s what w e sho ulddo .B eca use it’ s  j u s t atr ic k to  ma ke  peop le f e ellike th ey’re inv est e d. I tis  not ac tually paying  f or things.  T her e’s ac t u ally a q uote from FDR saying it was jus t y ou kn ow I  did it b eca use th ere ’ s no w ay tha t peo pl e a r e  goin g to  ta ke  it away f r o m t hem b ec ause  they’r e paying into it.B utthey’re not.So,  I’m n ot  go i ng togo int o Social Security  but that’ sa  r eally inte r est in g subje ct.

G:  Okay . 

J: Ok ay. So, w e tax the mwe t a x  th e wealthybecauseit’s mora l  andj us t and  ri ght. N ot  be cause  we ne e d t he mo ney.
Ok ay. So , ifyo u have a ny comments, there’s on e more  reas on.  There’sthr e e r easons.
G: I  think – I ’mtry ing t o s e e ifI ha v eany reall y ma j or commen t s.  I’ m re ally, justs o r t o f dig est i ng all  ofthis.

J: Yeah, I know. It’s hig h-sp e e d,I k n ow.
G : But, right.Ital l actually  s ort of it d oes conn ec t  anddoes m ake se nse. Si n c et he gov ernm ent  is
 the_cap on_Social Security.

Yes we should_raise the_cap_on –_we_should eliminate the_cap on Social_Security. FICA tax. Which_pays into Social_Security,_helps pay for Social Security (which is nonsense, which is nonsense). But FICA pays_into_Social Security,_so_we_feel invested and years later_say, “I’ve been paying my_whole life,_don’t take my Social Security away.” It’s complete_nonsense_but setting that_aside.

Bernie Sanders says we should eliminate the cap on_Social Security and we absolutely should._But not because_we_need_the money. Because Social_Security isn’t paid for by taxes._It’s not paid for by FICA_taxes. FICA taxes just disappear and they_go away. They’re not used to_pay for Social Security because_simply because_of everything we’ve been talking_about. You eliminate_the cap_on Social Security_taxes, not because we need the_money, not because_Social Security is running out of_money_(because it doesn’t_make_sense_for a_federal program to_run_out of_money._That doesn’t make sense) We eliminate_the_cap because it’s a regressive tax, that_only the powerless are_paying_that tax.

The powerful are_not paying that tax. We_should really be eliminating that tax_for everybody._That’s what_we should do. Because it’s just a trick to make people_feel like they’re invested. It is_not actually paying for_things. There’s_actually_a quote from_FDR_saying it_was just you know I did it_because there’s_no way that people are going_to take it away_from_them because they’re paying into it._But they’re not. So, I’m not_going to go into Social_Security_but_that’s a really interesting subject.

G:_Okay.

J: Okay. So, we tax them_we tax the_wealthy because it’s moral and just and_right._Not because we need the money.

Okay._So,_if you have any comments, there’s_one_more_reason. There’s three reasons.

G: I_think – I’m trying to see_if I have any really major comments. I’m really,_just sort of_digesting all of this.

J: Yeah,_I_know._It’s high-speed, I know.

G: But, right. It all actually sort_of it_does connect and_does make sense. Since the government is