• rjthyen@lemm.ee
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    7 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.netOP
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      7 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.