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View Full Version : A look at eliminating tax caps of SS.



2centsworth
02-16-2005, 08:08 PM
Very good article and a look at what the aarp is recommending. Many politicians seem to like the idea of paying social security taxes on every dollar earned.

http://www.heritage.org/Research/SocialSecurity/wm667.cfm?renderforprint=1

Clandestino
02-16-2005, 08:18 PM
this would only patch the system’s finances for a few years, rather than solving the problem for good.Raising the tax cap would raise taxes for many middle class families, impose a tremendous burden on small business, slow the economy, and cost jobs. In short, raising the payroll tax cap would make Social Security an even greater burden than it is today.