rjthyen@lemm.ee 5 months ago
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?
rjthyen@lemm.ee 5 months ago
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?
silence7@slrpnk.net 5 months ago
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.