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The cap on taxable SSI wages went up 7% in 2017 and no one really noticed or complained. It's a relatively progressive way to keep things funded. I don't see wh
by jbarciauskas 7y ago
The cap on taxable SSI wages went up 7% in 2017 and no one really noticed or complained. It's a relatively progressive way to keep things funded. I don't see why we'd need to do much else.
- scarface74 7y agoCurrently, only 8% of wage earners are over the $128400 social security maximum. https://dqydj.com/income-percentile-calculator/ https://dqydj.com/income-percentile-calculator/ The social security tax is actually regressive to an extent. If you make between $82500 and $128400 your marginal tax rate is higher than someone making between $128400 and $157500. So there is that.