Why the Moreno–Warren Payroll Tax Hike Won’t Fix Social Security
Eliminating the payroll tax ceiling would generate a fizz of new revenues but be followed by higher benefit costs and fewer taxes available to meet them.
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Could raising the payroll tax rate save Social Security?
With Social Security facing a funding shortfall, some lawmakers want to raise or eliminate the payroll tax cap to help avoid future benefit
Critics argue Warren's Social Security payroll tax cap elimination would be largest tax hike in decades
Eliminating the payroll tax cap would raise taxes on businesses, shrink the economy, and still leave Social Security insolvent.
reason.com·1d agoUncapping the Payroll Tax Would Be the Largest Tax Increase in Decades—and Still Wouldn’t Save Social Security
It is good to see senators talking about the Social Security crisis that is rapidly unfolding. But any serious proposal has to grapple with
Moreno and Warren Propose Lifting Social Security Payroll Tax Cap to Avert Insolvency
To save the program, we need to eliminate the payroll tax cap.
nytimes.com·15d ago
Rising income inequality worsens Social Security's funding shortfall, prompting calls to lift payroll tax cap
Faster income growth for top U.S. earners has eroded Social Security's tax base, fueling calls to raise or eliminate the payroll tax cap.
apple.news·17d ago
Debunking Social Security Myths: Why the Payroll-Tax Cap Fix Isn't Enough
Progressives are wrong about how to reform the program. Conservatives are, too.
theatlantic.com·2d ago
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