Also, assuming every cent of that figure goes to food for the kid - that extra $1k computes to $2.74/day
Not sure that moves the needle.
Reform would be something like eliminating the Social Security Tax limit and putting the extra dollars collected from those making over $150k/yr (or whatever it is now) and using those funds to help the underprivileged.
As is, once folks hit $150/k (+/-) the social security deduct is turned off. Someone making $150/k (+/-) a year pays the same amount into social security as someone making $8 million/yr.
I'm sure
@Splinty would be fine with it.