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A Social Security payroll tax increase should be part of the solution – Vested Daily

A Social Security payroll tax increase should be part of the solution

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Published:

Enough with politics. It’s time to get back to solving problems. 

Not surprisingly — given my slant on the world — the problem I care most about is fixing Social Security. In an attempt to protect lower-income households, President Biden committed to never raising taxes on households earning less than $400,000. This prohibition turned reasonable plans for a comprehensive solution into silly proposals where benefit expansions

would sunset after a few years. 

This post was originally published on Market Watch

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