Payroll taxes for Social Security are taken out of a paycheck for an earned income of up to $110,100.00. After that, no more tax is deducted. That is, the amount owed is capped at that upper limit. The high wage earner is better able to pay a tax on his income than an earner who makes less than $110,100.00. Eliminate the cap, with no exceptions, to ensure that the Trust Fund remains solvent for future generations.
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