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A comment on Half of the US government's financial assets are student loans. Parent comment

Re:Half of the US government's financial assets are student ... by TheSpiceIsLife on Friday January 12, 2018 @06:25PM (#16137187)
I don't understand why there is a max income threshold for social security tax.

Can anyone explain this to me?

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Re:Half of the US government's financial assets are student ... by mobilefriendly on Friday January 12, 2018 @07:07PM (#16137412)
It was conceptualized as a universal safety net pension program, not a welfare program or progressive redistribution program.
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Re:Half of the US government's financial assets are student ... by mpwoz on Friday January 12, 2018 @06:45PM (#16137305)
Presumably because over a certain threshold, you're paying far more than you'd ever expect to receive back from the program in retirement?

Not saying I agree with it but that's my guess as to the reason.

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