Tag: increase in payroll tax rate
But the increase should be small and gradual. Enough with politics. It’s time to get back to solving problems. Not surprisingly – given my slant on the world – the problem I care most about is fixing Social Security. But in an attempt to protect lower-income households, President Biden committed to never raising taxes on…
It might be worth separating out the costs attributable to Social Security’s missing trust fund. The first bill out of the gate this year to solve the Social Security financing problem was the Social Security 2100 Act, proposed by Representative John Larson (D-CT), Chairman of the House Ways and Means Subcommittee on Social Security; Senator…
