The Social Security Fix Nobody Wants to Talk About | A small tax increase would make the essential national retirement program secure for decades, our columnist says, but lawmakers would have to act

@[email protected] · 4 months ago

The Social Security Fix Nobody Wants to Talk About | A small tax increase would make the essential national retirement program secure for decades, our columnist says, but lawmakers would have to act

@[email protected] · 4 months ago

This is a very uninformed comment, but isn’t the social security tax essentially capped at earnings of 100k? Like if I make 200k a year I pay in the same as someone making 100k?

@[email protected] · 4 months ago

Yeah, though the cap is inflation-indexed, and currently at $168,600

The article talks about eliminating the cap as part of dealing with the actuarial deficit.