- cross-posted to:
- politics@lemmy.world
- cross-posted to:
- politics@lemmy.world
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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?
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.