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It's pretty easily balance that -- you raise the threshold for payroll taxes and index it to inflation. It's already indexed to wage growth rates, and there's
by twoodfin 10y ago
It's pretty easily balance that -- you raise the threshold for payroll taxes and index it to inflation.
It's already indexed to wage growth rates, and there's nothing "easy" (or at least, shouldn't be) about a 12.4% marginal tax rate hike.
- Spooky23 10y agoIt's easier than dealing with the blowback from slashing essential benefits from millions of seniors. My guess would be that the marginal dollar provided to a 30th percentile income individual has a higher economic impact than a loss of 0.12 of a marginal dollar for a person making $150k.