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I was just remarking on this the other day.
Since Social Security is set to fail, I wouldn't be opposed to ripping the band aid off and cancelling Social Security at the millennial generation.
To make things right with the millennials, pay them out ~50k for their contributions.
Then maybe millennials would have a better shot at owning a home in this lifetime and the Gen X'ers would get the last Social Security payout.
100%? That doesn't sound right. If all the money goes to Social Security, what will be left for the IRS to take?
That’s obviously not what they meant, please don’t bring this dumb Reddit smarminess here.