The Social Security Fix Nobody Wants to Talk About
www.nytimes.com
A small tax increase would make the essential national retirement program secure for decades, our columnist says, but lawmakers would have to take action.
  • rjthyen@lemm.ee
    2·
    6 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?

    • silence7@slrpnk.netOP
      4·
      6 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.