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Social Security--there, I fixed it

Just eliminate the cap, currently at $110,000 per year. It is just unseemly that people making $700,000 annually (those last likely to face poverty in old age) are paying 0.97% in SS taxes while people making $30,000 or $40,000 a year are paying 6.2%. Then you wouldn't have to be fiddling with cutting benefits for truly poor people. Medicare tax doesn't have a cap--why?


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