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Abolish the Social Security payroll tax cap

Created by R.W. on March 02, 2014

As the payroll tax system stands today, anybody making over $102,000 annually pays no more sales tax than a worker making less. At a time when many are concerned Social Security will be bankrupt by the time they retire, abolishing this tax cap is a quick fix, and is certainly more reasonable than turning Social Security over to private accounts that are the mercy of the unstable market.

Economy & Jobs
Government & Regulatory Reform
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