Capitalism & Analytics

Scrap the cap. End billionaire advantages.

The statistic they are trying to cite is of US workers, not [all] Americans.

The statistic they incorrectly cited is also incorrect itself as the data it is sourced from is actually just the % of wage earners below $170k (i.e. Social Security cap), which does not reflect the same population as "will pay into social security the entire year"

Social Security payments are based primarily on income, not wealth.

Even if social security payments were based on wealth, this is based on prior year's valuations and wealth gains.

Even if it were based on prior year's wealth valuation, those were generally wouldn't have happened until the end of a quarter as they are generally limited by protected trading periods.

Even if the capital gains were realized and taxable this year, they would still be excluded from social security as only wages are eligible for payroll taxes.

There are hundreds if not thousands of other tax treatments being ignored in this calculation.

Individual tax records aren't public, but even if they were, you wouldn't be able to do this calculation.

Even if the cap on social security contributions was scrapped, it still wouldn't change all that much, given the wealth =/= income issue.

Now for the biggest error of it all...

"its completely legal to pay disabled people less than minimum wage"

In reality:

This applies to a narrow subset of workers under specific certifications

Most disabled workers must be paid at least minimum wage

Many states have banned or phased out subminimum wages entirely

"that wage rate is entirely based on what they can provide to the company"

In reality:

It allows employment opportunities that otherwise wouldn’t exist for some individuals with severe disabilities as the only legal instances of this occurring require the wage rate to be proportional with the worker’s productivity relative to a non-disabled worker's productivity rate

It is essentially the same value-based logic that runs the rest of the world. In any market, the price of something is rarely about the person and almost always about the output. It’s a universal standard, even if we don't always realize we're applying it

"whatever they make will often be subtracted from any disability payments they receive"

In reality:

Most means-tested benefits work this way, disabled or not

SSI has earned income exclusions specifically designed to encourage work

just because this is not your or the majoritys reality does not make what i said misleading. again, its all true and YOU corroborated that! for many of us, what i posted IS reality and its fucking hard enough without some capitalistic analyst trying to tell me i dont know enough about the government programs oppressing me and my friends

and you "hate having to defend the government"? stop fucking doing that then. you dont have to. in fact it would be way way better if you stopped defending the government that wants me dead to my face

just because this is not your or the majoritys reality does not make what i said misleading.

No, that is exactly why it is misleading because you are overgeneralizing it and misleading those who are uninformed as you on the matter to further misunderstand the situation. You are trying to let the experience of 0.08 %–0.09 % of all disabled people being paid subminimum wage under that program portray the experience of the other 99.91%+.

Now that doesn't in anyway mean those individuals or yourself should be ignored, but let's not omit the major context necessary.

its fucking hard enough without some capitalistic analyst trying to tell me i dont know enough about the government programs oppressing me and my friends

Once again, I don't know you, but I do know what you wrote and it is misleading. The fact that you are getting so upset merely by the fact that I am giving others more context and information on the situation is evident enough.

It's not a simple situation, it is a very serious situation, and the ideal solution is going to be most likely complex.